Blacksburg market report

Blacksburg housing market, January 2023.

In January 2023, 12 homes sold in Blacksburg at a median price of $317,250. In January 2022, 22 homes sold at a median of $462,500. Homes that sold spent a median of 3 days on the market and sold for a median of 100% of their original asking price.

12

Homes sold

22 a year earlier

$317K

Median sale price

Down 31% from a year earlier

$205

Per square foot

Median, sold homes

3

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

29

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2023. Land excluded.

January 2023

The month in charts.

Sales by type: 6 single-family houses, 3 townhouses and 3 condos.

Median sale price by month

The 13 months through January 2023. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2023Jan 22: $463K. Jan 23: $317K. Lowest $317K (Jan 23), highest $478K (Apr 22).Jan 22: $463KFeb 22: $395KMar 22: $370KApr 22: $478KMay 22: $435KJun 22: $470KJul 22: $452KAug 22: $421KSep 22: $400KOct 22: $389KNov 22: $412KDec 22: $380KJan 23: $317K
Median home sale price in Blacksburg by month, 13 months through January 2023
PeriodMedian sale price
Jan 22$463K
Feb 22$395K
Mar 22$370K
Apr 22$478K
May 22$435K
Jun 22$470K
Jul 22$452K
Aug 22$421K
Sep 22$400K
Oct 22$389K
Nov 22$412K
Dec 22$380K
Jan 23$317K

Homes sold per month

January 2023 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2023Jan 22: 22. Jan 23: 12. Lowest 12 (Jan 23), highest 47 (May 22).Jan 22: 22Feb 22: 24Mar 22: 35Apr 22: 32May 22: 47Jun 22: 47Jul 22: 36Aug 22: 31Sep 22: 31Oct 22: 26Nov 22: 22Dec 22: 24Jan 23: 12
Homes sold in Blacksburg per month, 13 months through January 2023
PeriodHomes sold
Jan 2222
Feb 2224
Mar 2235
Apr 2232
May 2247
Jun 2247
Jul 2236
Aug 2231
Sep 2231
Oct 2226
Nov 2222
Dec 2224
Jan 2312

Sales by price

January 2023.

  • Under $250K 3 sold
  • $250K to $350K 5 sold
  • $350K to $500K 1 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2023.

Sales

Every sale in January 2023.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2023
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Claytor SqListing courtesy of RE/MAX 8 - Blacksburg University Place $248,000 3 bd / 2 ba 970 sq ft $256/sq ft
Sunrise DrListing courtesy of Welcome Home Real Estate $350,000 3 bd / 2.5 ba 1,608 sq ft $218/sq ft
Knob Hill DrListing courtesy of Nest Realty SWVA Knob Hill $597,500 4 bd / 2.5 ba 3,210 sq ft $186/sq ft
Wellesley CtListing courtesy of Price Real Estate, Inc. Haymarket Square $329,500 3 bd / 3 ba 2,002 sq ft $165/sq ft
Pheasant Run DriveListing courtesy of Hokie Real Estate, Inc. Pheasant Run $305,000 4 bd / 2.5 ba 1,480 sq ft $206/sq ft
Shenandoah CirListing courtesy of Gravity Real Estate Group Shenandoah $285,000 3 bd / 2.5 ba 1,399 sq ft $204/sq ft
Lick Run RoadListing courtesy of Coldwell Banker Townside Bburg $171,000 2 bd / 1 ba 880 sq ft $194/sq ft
Alico DrListing courtesy of Eagle Realty of Virginia Givens Farm $684,064 3 bd / 2.5 ba 2,623 sq ft $261/sq ft
Horseshoe LnListing courtesy of RE/MAX 8 - Blacksburg Mt. Tabor Village $330,000 4 bd / 2 ba 1,691 sq ft $195/sq ft
Vinyard AvenueListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $700,000 5 bd / 5.5 ba 4,639 sq ft $151/sq ft
S Knollwood DriveListing courtesy of Coldwell Banker Townside Bburg Knollwood $275,000 3 bd / 2 ba 1,152 sq ft $239/sq ft
New Kent RdListing courtesy of Coldwell Banker Townside Bburg Cascades $185,000 2 bd / 1 ba 744 sq ft $249/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2023?

The median sale price for homes in Blacksburg in January 2023 was $317,250, across 12 sales on record (land excluded). A year earlier, in January 2022, it was $462,500.

How many homes sold in Blacksburg in January 2023?

12 homes sold in Blacksburg in January 2023, compared with 24 in December 2022 and 22 in January 2022.

How fast did homes sell in Blacksburg in January 2023?

Homes that sold in January 2023 spent a median of 3 days on the market, and 75% sold at or above their original asking price.

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