Blacksburg market report

Blacksburg housing market, February 2017.

In February 2017, 25 homes sold in Blacksburg at a median price of $179,900. In February 2016, 32 homes sold at a median of $198,450. Homes that sold spent a median of 21 days on the market and sold for a median of 99% of their original asking price.

25

Homes sold

32 a year earlier

$180K

Median sale price

Down 9% from a year earlier

$126

Per square foot

Median, sold homes

21

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

56

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2017. Land excluded.

February 2017

The month in charts.

Sales by type: 10 townhouses, 8 single-family houses and 7 condos.

Median sale price by month

The 13 months through February 2017. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through February 2017Feb 16: $198K. Feb 17: $180K. Lowest $180K (Feb 17), highest $303K (Oct 16).Feb 16: $198KMar 16: $220KApr 16: $220KMay 16: $265KJun 16: $265KJul 16: $239KAug 16: $265KSep 16: $254KOct 16: $303KNov 16: $269KDec 16: $234KJan 17: $211KFeb 17: $180K
Median home sale price in Blacksburg by month, 13 months through February 2017
PeriodMedian sale price
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
Jan 17$211K
Feb 17$180K

Homes sold per month

February 2017 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2017Feb 16: 32. Feb 17: 25. Lowest 22 (Jan 17), highest 79 (Jun 16).Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53Jun 16: 79Jul 16: 43Aug 16: 46Sep 16: 36Oct 16: 25Nov 16: 30Dec 16: 32Jan 17: 22Feb 17: 25
Homes sold in Blacksburg per month, 13 months through February 2017
PeriodHomes sold
Feb 1632
Mar 1632
Apr 1638
May 1653
Jun 1679
Jul 1643
Aug 1646
Sep 1636
Oct 1625
Nov 1630
Dec 1632
Jan 1722
Feb 1725

Sales by price

February 2017.

  • Under $250K 15 sold
  • $250K to $350K 4 sold
  • $350K to $500K 2 sold
  • $500K to $750K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2017.

Sales

Every sale in February 2017.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2017
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Blossom Trail EListing courtesy of Coldwell Banker Townside Bburg The Orchards $306,000 4 bd / 3.5 ba 2,718 sq ft $113/sq ft
Patrick Henry DrListing courtesy of Nest Realty SWVA $179,900 4 bd / 3 ba 1,296 sq ft $139/sq ft
Janie LaneListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $159,390 4 bd / 2 ba 1,480 sq ft $108/sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $153,400 4 bd / 2.5 ba 1,480 sq ft $104/sq ft
UniversityListing courtesy of Coldwell Banker Townside Bburg University Terrace $126,000 4 bd / 2 ba 971 sq ft $130/sq ft
Forest LaneListing courtesy of Alumni Real Estate The Village at Tom's Creek $520,248 4 bd / 3.5 ba 2,768 sq ft $188/sq ft
Mountain LaurelListing courtesy of Coldwell Banker Townside Bburg Brush Mountain West $579,900 4 bd / 4 ba 4,569 sq ft $127/sq ft
Chateau CourtListing courtesy of Coldwell Banker Townside Bburg Vistas $260,500 3 bd / 2.5 ba 1,894 sq ft $138/sq ft
McCoy RdListing courtesy of Coldwell Banker Townside Bburg $85,000 2 bd / 1 ba 1,233 sq ft $69/sq ft
Preston Forest DrListing courtesy of Coldwell Banker Townside Bburg Preston Forest $577,500 5 bd / 3.5 ba 4,283 sq ft $135/sq ft
Charles StreetListing courtesy of RE/MAX 8 - Blacksburg Piedmont $130,000 2 bd / 1 ba 966 sq ft $135/sq ft
Liberty LnListing courtesy of RE/MAX 8 - Blacksburg Cascades Pointe $97,500 2 bd / 1 ba 756 sq ft $129/sq ft
Canterbury CtListing courtesy of Long & Foster - Blacksburg Oak Manor $225,000 3 bd / 3 ba 1,980 sq ft $114/sq ft
University TerListing courtesy of RE/MAX 8 - Blacksburg University Terrace $129,500 4 bd / 2 ba 1,071 sq ft $121/sq ft
Liberty LnListing courtesy of Nest Realty SWVA Cascades Pointe $118,500 3 bd / 2 ba 951 sq ft $125/sq ft
A Henry LaneListing courtesy of Coldwell Banker Townside Bburg Patrick Henry $112,900 2 bd / 2 ba 936 sq ft $121/sq ft
Woodbine DrListing courtesy of Long & Foster - Blacksburg Woodbine $296,500 4 bd / 2.5 ba 2,198 sq ft $135/sq ft
Locust AveListing courtesy of Nest Realty SWVA Highland Park $362,550 4 bd / 3 ba 3,387 sq ft $107/sq ft
Kentwood DriveListing courtesy of Coldwell Banker Townside Bburg The Villas at Fiddlers Green $359,500 4 bd / 2.5 ba 2,027 sq ft $177/sq ft
Woods Edge CtListing courtesy of Coldwell Banker Townside Bburg The Orchards $223,500 3 bd / 2.5 ba 1,898 sq ft $118/sq ft
Mill WoodListing courtesy of RE/MAX Valley-Roanoke Lusters Mill $530,000 4 bd / 3.5 ba 3,069 sq ft $173/sq ft
Liberty LaneListing courtesy of Coldwell Banker Townside Bburg Cascades Pointe $116,000 3 bd / 2 ba 924 sq ft $126/sq ft
Trillium LnListing courtesy of Alumni Real Estate The Village at Tom's Creek $346,900 3 bd / 2.5 ba 2,086 sq ft $166/sq ft
Janie LaneListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $158,000 4 bd / 2.5 ba 1,480 sq ft $107/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg Ramble Ridge $168,780 3 bd / 3.5 ba 1,920 sq ft $88/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in February 2017?

The median sale price for homes in Blacksburg in February 2017 was $179,900, across 25 sales on record (land excluded). A year earlier, in February 2016, it was $198,450.

How many homes sold in Blacksburg in February 2017?

25 homes sold in Blacksburg in February 2017, compared with 22 in January 2017 and 32 in February 2016.

How fast did homes sell in Blacksburg in February 2017?

Homes that sold in February 2017 spent a median of 21 days on the market, and 36% sold at or above their original asking price.

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