Blacksburg market report

Blacksburg housing market, January 2020.

In January 2020, 22 homes sold in Blacksburg at a median price of $275,500. In January 2019, 12 homes sold at a median of $328,975. Homes that sold spent a median of 16 days on the market and sold for a median of 100% of their original asking price.

22

Homes sold

12 a year earlier

$276K

Median sale price

Down 16% from a year earlier

$178

Per square foot

Median, sold homes

16

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

40

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2020. Land excluded.

January 2020

The month in charts.

Sales by type: 16 single-family houses, 3 condos and 3 townhouses.

Median sale price by month

The 13 months through January 2020. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2020Jan 19: $329K. Jan 20: $276K. Lowest $230K (Feb 19), highest $349K (Aug 19).Jan 19: $329KFeb 19: $230KMar 19: $268KApr 19: $301KMay 19: $325KJun 19: $313KJul 19: $330KAug 19: $349KSep 19: $295KOct 19: $307KNov 19: $335KDec 19: $286KJan 20: $276K
Median home sale price in Blacksburg by month, 13 months through January 2020
PeriodMedian sale price
Jan 19$329K
Feb 19$230K
Mar 19$268K
Apr 19$301K
May 19$325K
Jun 19$313K
Jul 19$330K
Aug 19$349K
Sep 19$295K
Oct 19$307K
Nov 19$335K
Dec 19$286K
Jan 20$276K

Homes sold per month

January 2020 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2020Jan 19: 12. Jan 20: 22. Lowest 12 (Jan 19), highest 66 (Jun 19).Jan 19: 12Feb 19: 25Mar 19: 39Apr 19: 45May 19: 53Jun 19: 66Jul 19: 39Aug 19: 51Sep 19: 39Oct 19: 33Nov 19: 29Dec 19: 21Jan 20: 22
Homes sold in Blacksburg per month, 13 months through January 2020
PeriodHomes sold
Jan 1912
Feb 1925
Mar 1939
Apr 1945
May 1953
Jun 1966
Jul 1939
Aug 1951
Sep 1939
Oct 1933
Nov 1929
Dec 1921
Jan 2022

Sales by price

January 2020.

  • Under $250K 9 sold
  • $250K to $350K 4 sold
  • $350K to $500K 5 sold
  • $500K to $750K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2020.

Sales

Every sale in January 2020.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2020
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Nellies Cave RdListing courtesy of Coldwell Banker Townside Bburg $55,000 3 bd / 2 ba 920 sq ft $60/sq ft
CascadeListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $635,000 4 bd / 2.5 ba 4,386 sq ft $145/sq ft
Jefferson StreetListing courtesy of Coldwell Banker Townside Bburg Fiddler's Green $537,000 4 bd / 3.5 ba 2,710 sq ft $198/sq ft
AsherListing courtesy of Long & Foster - Blacksburg Mt. Tabor Meadows $546,000 6 bd / 3.5 ba 4,073 sq ft $134/sq ft
BrooksfieldListing courtesy of Porch & Picket Real Estate, Inc. $215,000 2 bd / 2 ba 1,036 sq ft $208/sq ft
Giles RdListing courtesy of Nest Realty SWVA $221,500 4 bd / 3 ba 1,900 sq ft $117/sq ft
Mount Zion RoadListing courtesy of Nest Realty SWVA $179,900 3 bd / 1 ba 1,000 sq ft $180/sq ft
University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $188,500 4 bd / 2 ba 1,071 sq ft $176/sq ft
Quailwood DrListing courtesy of Long & Foster - Blacksburg Deercroft $440,000 3 bd / 2.5 ba 2,874 sq ft $153/sq ft
Butternut RoadListing courtesy of Coldwell Banker Townside Bburg $155,125 2 bd / 1 ba 784 sq ft $198/sq ft
Hillman LaneListing courtesy of RE/MAX 8 - Blacksburg $139,750 3 bd / 2 ba 1,838 sq ft $76/sq ft
MainListing courtesy of Granite Management LLC $600,000 2 bd / 2 ba 1,520 sq ft $395/sq ft
Honeysuckle DriveListing courtesy of Alumni Real Estate The Village at Tom's Creek $399,900 3 bd / 2.5 ba 1,984 sq ft $202/sq ft
Broken Oak DrListing courtesy of RE/MAX 8 Sold Team, LLC Woodbine $360,000 4 bd / 2.5 ba 2,884 sq ft $125/sq ft
Pheasant Run DrListing courtesy of Porch & Picket Real Estate, Inc. Pheasant Run $275,000 4 bd / 2.5 ba 1,480 sq ft $186/sq ft
UniversityListing courtesy of Coldwell Banker Townside Bburg University Terrace $187,000 4 bd / 2 ba 935 sq ft $200/sq ft
Gracelyn CtListing courtesy of Coldwell Banker Townside Bburg Miller Southside $445,000 4 bd / 2 ba 2,144 sq ft $208/sq ft
Auburn DrListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $479,000 4 bd / 2.5 ba 2,857 sq ft $168/sq ft
Blossom Trail EastListing courtesy of RE/MAX 8 - Blacksburg The Orchards $301,000 3 bd / 2.5 ba 1,874 sq ft $161/sq ft
Barringer DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $260,000 3 bd / 1.5 ba 944 sq ft $275/sq ft
Happy Hollow RdListing courtesy of Quality Realty $199,900 3 bd / 2 ba 1,664 sq ft $120/sq ft
Pheasant Run CourtListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $276,000 4 bd / 2.5 ba 1,480 sq ft $186/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2020?

The median sale price for homes in Blacksburg in January 2020 was $275,500, across 22 sales on record (land excluded). A year earlier, in January 2019, it was $328,975.

How many homes sold in Blacksburg in January 2020?

22 homes sold in Blacksburg in January 2020, compared with 21 in December 2019 and 12 in January 2019.

How fast did homes sell in Blacksburg in January 2020?

Homes that sold in January 2020 spent a median of 16 days on the market, and 50% sold at or above their original asking price.

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