Blacksburg market report

Blacksburg housing market, February 2023.

In February 2023, 17 homes sold in Blacksburg at a median price of $285,000. In February 2022, 24 homes sold at a median of $395,000. Homes that sold spent a median of 17 days on the market and sold for a median of 100% of their original asking price.

17

Homes sold

24 a year earlier

$285K

Median sale price

Down 28% from a year earlier

$203

Per square foot

Median, sold homes

17

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

28

New listings

Homes listed this month

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

February 2023

The month in charts.

Sales by type: 10 single-family houses, 5 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through February 2023Feb 22: $395K. Feb 23: $285K. Lowest $285K (Feb 23), highest $478K (Apr 22).Feb 22: $395KMar 22: $370KApr 22: $478KMay 22: $435KJun 22: $470KJul 22: $452KAug 22: $421KSep 22: $400KOct 22: $389KNov 22: $412KDec 22: $380KJan 23: $317KFeb 23: $285K
Median home sale price in Blacksburg by month, 13 months through February 2023
PeriodMedian sale price
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
Feb 23$285K

Homes sold per month

February 2023 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2023Feb 22: 24. Feb 23: 17. Lowest 12 (Jan 23), highest 47 (May 22).Feb 22: 24Mar 22: 35Apr 22: 32May 22: 47Jun 22: 47Jul 22: 36Aug 22: 31Sep 22: 31Oct 22: 26Nov 22: 22Dec 22: 24Jan 23: 12Feb 23: 17
Homes sold in Blacksburg per month, 13 months through February 2023
PeriodHomes sold
Feb 2224
Mar 2235
Apr 2232
May 2247
Jun 2247
Jul 2236
Aug 2231
Sep 2231
Oct 2226
Nov 2222
Dec 2224
Jan 2312
Feb 2317

Sales by price

February 2023.

  • Under $250K 4 sold
  • $250K to $350K 7 sold
  • $350K to $500K 4 sold
  • $500K to $750K 1 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2023.

Sales

Every sale in February 2023.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2023
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Bishop RdListing courtesy of Gravity Real Estate Group $395,000 4 bd / 3 ba 2,002 sq ft $197/sq ft
Clover Valley CirListing courtesy of Nest Realty SWVA Clover Valley $285,000 4 bd / 2.5 ba 1,480 sq ft $193/sq ft
Mash Run RdListing courtesy of Coldwell Banker Townside Bburg $250,000 2 bd / 2 ba 864 sq ft $289/sq ft
Mt Zion RdListing courtesy of Ned Pugh & Associates $70,000 1 bd / 0 ba 840 sq ft $83/sq ft
Mash Run RdListing courtesy of Coldwell Banker Townside Bburg $260,000 2 bd / 2 ba 1,303 sq ft $200/sq ft
Gardenspring DrListing courtesy of Nest Realty SWVA $360,000 3 bd / 2 ba 1,773 sq ft $203/sq ft
Lucas DriveListing courtesy of Gravity Real Estate Group Springdale Addition $205,000 2 bd / 1 ba 780 sq ft $263/sq ft
Brooksfield RdListing courtesy of Nest Realty SWVA $170,000 3 bd / 1 ba 1,784 sq ft $95/sq ft
Oak Meadow LaneListing courtesy of R. Fralin & Assoc., Inc The Villas on North Main $534,950 3 bd / 2.5 ba 2,575 sq ft $208/sq ft
Oak MeadowListing courtesy of Coldwell Banker Townside Bburg The Villas on North Main $415,000 4 bd / 2.5 ba 1,959 sq ft $212/sq ft
Cambridge RdListing courtesy of Nest Realty SWVA Haymarket Square $322,500 3 bd / 2.5 ba 1,648 sq ft $196/sq ft
University TerraceListing courtesy of RE/MAX 8 - Blacksburg University Terrace $260,000 4 bd / 2 ba 935 sq ft $278/sq ft
Seneca DriveListing courtesy of Nest Realty SWVA Hunters Ridge $242,000 4 bd / 2 ba 967 sq ft $250/sq ft
222 Huntington LnListing courtesy of Cornwell Properties Oak Manor $319,999 3 bd / 3.5 ba 2,662 sq ft $120/sq ft
PlankListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $900,000 4 bd / 3.5 ba 3,697 sq ft $243/sq ft
Mt Tabor RoadListing courtesy of NRV Gateway Realty Inc $285,000 3 bd / 2 ba 1,248 sq ft $228/sq ft
Anne DrListing courtesy of Gravity Real Estate Group Vista Pointe $382,500 3 bd / 2.5 ba 2,217 sq ft $173/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in February 2023 was $285,000, across 17 sales on record (land excluded). A year earlier, in February 2022, it was $395,000.

How many homes sold in Blacksburg in February 2023?

17 homes sold in Blacksburg in February 2023, compared with 12 in January 2023 and 24 in February 2022.

How fast did homes sell in Blacksburg in February 2023?

Homes that sold in February 2023 spent a median of 17 days on the market, and 53% sold at or above their original asking price.

Alerts

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