Blacksburg market report

Blacksburg housing market, December 2016.

In December 2016, 32 homes sold in Blacksburg at a median price of $234,250. In December 2015, 34 homes sold at a median of $221,500. Homes that sold spent a median of 54 days on the market and sold for a median of 97% of their original asking price.

32

Homes sold

34 a year earlier

$234K

Median sale price

Up 6% from a year earlier

$127

Per square foot

Median, sold homes

54

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

17

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in December 2016. Land excluded.

December 2016

The month in charts.

Sales by type: 16 single-family houses, 10 townhouses and 6 condos.

Median sale price by month

The 13 months through December 2016. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through December 2016Dec 15: $222K. Dec 16: $234K. Lowest $170K (Jan 16), highest $303K (Oct 16).Dec 15: $222KJan 16: $170KFeb 16: $198KMar 16: $220KApr 16: $220KMay 16: $265KJun 16: $265KJul 16: $239KAug 16: $265KSep 16: $254KOct 16: $303KNov 16: $269KDec 16: $234K
Median home sale price in Blacksburg by month, 13 months through December 2016
PeriodMedian sale price
Dec 15$222K
Jan 16$170K
Feb 16$198K
Mar 16$220K
Apr 16$220K
May 16$265K
Jun 16$265K
Jul 16$239K
Aug 16$265K
Sep 16$254K
Oct 16$303K
Nov 16$269K
Dec 16$234K

Homes sold per month

December 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through December 2016Dec 15: 34. Dec 16: 32. Lowest 25 (Oct 16), highest 79 (Jun 16).Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53Jun 16: 79Jul 16: 43Aug 16: 46Sep 16: 36Oct 16: 25Nov 16: 30Dec 16: 32
Homes sold in Blacksburg per month, 13 months through December 2016
PeriodHomes sold
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638
May 1653
Jun 1679
Jul 1643
Aug 1646
Sep 1636
Oct 1625
Nov 1630
Dec 1632

Sales by price

December 2016.

  • Under $250K 19 sold
  • $250K to $350K 6 sold
  • $350K to $500K 4 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2016.

Sales

Every sale in December 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $160,000 4 bd / 2.5 ba 1,480 sq ft $108/sq ft
Liberty LnListing courtesy of Long & Foster - Blacksburg Cascades Pointe $109,500 3 bd / 1.5 ba 924 sq ft $119/sq ft
Broken Oak DrListing courtesy of XRealty.net LLC Woodbine $270,000 4 bd / 3 ba 2,878 sq ft $94/sq ft
Loudon RdListing courtesy of Summit Ridge Realty Cascades $96,000 2 bd / 1 ba 735 sq ft $131/sq ft
Pheasant Run CtListing courtesy of Porch & Picket Real Estate, Inc. Pheasant Run $155,000 4 bd / 2.5 ba 1,480 sq ft $105/sq ft
Pheasant Run DriveListing courtesy of Porch & Picket Real Estate, Inc. Pheasant Run $155,000 4 bd / 2.5 ba 1,480 sq ft $105/sq ft
Piedmont StreetListing courtesy of Long & Foster - Blacksburg Fiddler's Green $465,000 3 bd / 2.5 ba 2,589 sq ft $180/sq ft
Gladewood DriveListing courtesy of Coldwell Banker Townside Bburg Gladewood $240,750 3 bd / 3 ba 1,791 sq ft $134/sq ft
S Main StreetListing courtesy of Phillips Real Estate Clay Court Condominiums $375,000 2 bd / 2 ba 1,560 sq ft $240/sq ft
Giles RoadListing courtesy of Coldwell Banker Townside Bburg $230,000 3 bd / 2.5 ba 1,933 sq ft $119/sq ft
Janie LnListing courtesy of NextHome New River Valley Pheasant Run $160,000 4 bd / 2.5 ba 1,480 sq ft $108/sq ft
Sterling HeightsListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $582,000 5 bd / 3.5 ba 4,083 sq ft $143/sq ft
Brush MountainListing courtesy of Long & Foster - Blacksburg $178,500 3 bd / 2 ba 1,680 sq ft $106/sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $150,000 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Honeysuckle DriveListing courtesy of Porch & Picket Real Estate, Inc. The Village at Tom's Creek $305,000 3 bd / 3.5 ba 2,126 sq ft $143/sq ft
Lusters Gate RdListing courtesy of Porch & Picket Real Estate, Inc. Deercroft $280,000 3 bd / 3 ba 1,761 sq ft $159/sq ft
Woodbine DriveListing courtesy of RE/MAX Valley-Roanoke Woodbine $236,000 4 bd / 2 ba 1,848 sq ft $128/sq ft
Courtney CirListing courtesy of Coldwell Banker Townside Bburg Echols Village $232,500 3 bd / 2.5 ba 1,452 sq ft $160/sq ft
Rose AveListing courtesy of Nest Realty SWVA Airport Acres $225,000 3 bd / 1.5 ba 1,308 sq ft $172/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg University Terrace $122,000 4 bd / 2 ba 1,071 sq ft $114/sq ft
West Ridge DrListing courtesy of Coldwell Banker Townside Bburg Laurel Ridge $460,000 5 bd / 4.5 ba 3,553 sq ft $129/sq ft
Honeysuckle DriveListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $297,000 3 bd / 2.5 ba 2,326 sq ft $128/sq ft
RidgeListing courtesy of Coldwell Banker Townside Bburg Laurel Ridge $595,000 4 bd / 4 ba 5,087 sq ft $117/sq ft
Brightwood ManorListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $102,250 2 bd / 1 ba 978 sq ft $105/sq ft
McBryde DrListing courtesy of CHP Realty LLC McBryde Village $239,000 5 bd / 2.5 ba 2,181 sq ft $110/sq ft
Pheasant Run DriveListing courtesy of BlueRidge Real Estate Pheasant Run $152,000 4 bd / 2.5 ba 1,480 sq ft $103/sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $145,000 4 bd / 2.5 ba 1,480 sq ft $98/sq ft
Pebble BeachListing courtesy of Long & Foster - Roanoke Blacksburg Country Club $525,000 3 bd / 3 ba 2,927 sq ft $179/sq ft
Harvest Ridge LnListing courtesy of Long & Foster - Blacksburg The Orchards $330,000 4 bd / 4 ba 2,615 sq ft $126/sq ft
Allendale CtListing courtesy of Coldwell Banker Townside Bburg Miller Southside $312,250 4 bd / 3 ba 2,294 sq ft $136/sq ft
SunridgeListing courtesy of RE/MAX 8 - Blacksburg Sundance Ridge $62,000 0 bd / 1 ba 432 sq ft $144/sq ft
Spickard StreetListing courtesy of Porch & Picket Real Estate, Inc. Wyatt Farm $490,000 4 bd / 3 ba 3,355 sq ft $146/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in December 2016?

The median sale price for homes in Blacksburg in December 2016 was $234,250, across 32 sales on record (land excluded). A year earlier, in December 2015, it was $221,500.

How many homes sold in Blacksburg in December 2016?

32 homes sold in Blacksburg in December 2016, compared with 30 in November 2016 and 34 in December 2015.

How fast did homes sell in Blacksburg in December 2016?

Homes that sold in December 2016 spent a median of 54 days on the market, and 16% sold at or above their original asking price.

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