Blacksburg market report

Blacksburg housing market, May 2023.

In May 2023, 39 homes sold in Blacksburg at a median price of $425,000. In May 2022, 47 homes sold at a median of $435,000. Homes that sold spent a median of 4 days on the market and sold for a median of 100% of their original asking price.

39

Homes sold

47 a year earlier

$425K

Median sale price

Down 2% from a year earlier

$215

Per square foot

Median, sold homes

4

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 May 2023. Land excluded.

May 2023

The month in charts.

Sales by type: 24 single-family houses, 10 townhouses and 5 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2023May 22: $435K. May 23: $425K. Lowest $285K (Feb 23), highest $470K (Jun 22).May 22: $435KJun 22: $470KJul 22: $452KAug 22: $421KSep 22: $400KOct 22: $389KNov 22: $412KDec 22: $380KJan 23: $317KFeb 23: $285KMar 23: $421KApr 23: $468KMay 23: $425K
Median home sale price in Blacksburg by month, 13 months through May 2023
PeriodMedian sale price
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
Mar 23$421K
Apr 23$468K
May 23$425K

Homes sold per month

May 2023 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2023May 22: 47. May 23: 39. Lowest 12 (Jan 23), highest 47 (May 22).May 22: 47Jun 22: 47Jul 22: 36Aug 22: 31Sep 22: 31Oct 22: 26Nov 22: 22Dec 22: 24Jan 23: 12Feb 23: 17Mar 23: 37Apr 23: 32May 23: 39
Homes sold in Blacksburg per month, 13 months through May 2023
PeriodHomes sold
May 2247
Jun 2247
Jul 2236
Aug 2231
Sep 2231
Oct 2226
Nov 2222
Dec 2224
Jan 2312
Feb 2317
Mar 2337
Apr 2332
May 2339

Sales by price

May 2023.

  • Under $250K 4 sold
  • $250K to $350K 7 sold
  • $350K to $500K 13 sold
  • $500K to $750K 12 sold
  • $750K to $1M 3 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2023.

Sales

Every sale in May 2023.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2023
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Aden LnListing courtesy of Coldwell Banker Townside Bburg Echols Village $345,000 3 bd / 2.5 ba 1,452 sq ft $238/sq ft
Birch Leaf LnListing courtesy of Nest Realty SWVA Woodbine $405,000 3 bd / 3 ba 1,764 sq ft $230/sq ft
Sheliah CtListing courtesy of Gravity Real Estate Group Knollwood $425,000 3 bd / 3.5 ba 1,827 sq ft $233/sq ft
Wildflower LnListing courtesy of Nest Realty SWVA Northside Park $527,000 4 bd / 3.5 ba 2,657 sq ft $198/sq ft
Chateau CtListing courtesy of Coldwell Banker Townside Bburg Vistas $495,000 4 bd / 3.5 ba 3,135 sq ft $158/sq ft
HenryListing courtesy of RE/MAX 8 - Blacksburg Patrick Henry $214,000 2 bd / 2 ba 900 sq ft $238/sq ft
University City BlvdListing courtesy of Coldwell Banker Townside Bburg $179,900 1 bd / 1 ba 369 sq ft $488/sq ft
Valleyview DrListing courtesy of Gravity Real Estate Group Highland Park $415,000 3 bd / 2 ba 2,542 sq ft $163/sq ft
Maywood StListing courtesy of RE/MAX 8 - Blacksburg $400,000 4 bd / 2.5 ba 2,436 sq ft $164/sq ft
Cedar Orchard Dr EListing courtesy of Coldwell Banker Townside Bburg Cedar Orchard $711,000 4 bd / 3 ba 2,663 sq ft $267/sq ft
Southgate DrListing courtesy of Coldwell Banker Townside Bburg Miller Southside $573,000 3 bd / 2.5 ba 2,156 sq ft $266/sq ft
Nellies Cave RdListing courtesy of RE/MAX 8 - Blacksburg Piedmont $280,000 3 bd / 2 ba 1,360 sq ft $206/sq ft
Council LaneListing courtesy of RE/MAX 8 - Blacksburg $142,050 2 bd / 1 ba 1,096 sq ft $130/sq ft
Old Fort RoadListing courtesy of Coldwell Banker Townside Bburg Montgomery Farms $440,000 5 bd / 2.5 ba 2,214 sq ft $199/sq ft
Woodbine DriveListing courtesy of Nest Realty SWVA Woodbine $355,000 4 bd / 2 ba 1,852 sq ft $192/sq ft
Pheasant Run CourtListing courtesy of Sycamore REALTORS Pheasant Run $313,000 4 bd / 2.5 ba 1,480 sq ft $211/sq ft
New London CourtListing courtesy of Coldwell Banker Townside Bburg Sterling Manor $765,000 4 bd / 3.5 ba 2,615 sq ft $293/sq ft
Preston Forest DrListing courtesy of Coldwell Banker Townside Bburg Preston Forest $546,000 4 bd / 3 ba 2,765 sq ft $197/sq ft
Merrimac RoadListing courtesy of Gravity Real Estate Group $165,000 2 bd / 1.5 ba 1,204 sq ft $137/sq ft
Woodland DrListing courtesy of RE/MAX 8 - Blacksburg $525,000 3 bd / 4.5 ba 2,921 sq ft $180/sq ft
HostaListing courtesy of Long & Foster - Blacksburg Westhill $402,230 3 bd / 2.5 ba 1,898 sq ft $212/sq ft
Palmer DrListing courtesy of Coldwell Banker Townside Bburg The Villas at Fiddlers Green $547,700 3 bd / 2.5 ba 1,810 sq ft $303/sq ft
Blossom Trail WestListing courtesy of Coldwell Banker Townside Christiansburg The Orchards $380,000 3 bd / 2.5 ba 1,712 sq ft $222/sq ft
Alleghany StreetListing courtesy of RE/MAX 8 - Blacksburg Knob Hill $360,000 3 bd / 2 ba 2,152 sq ft $167/sq ft
Blossom Trail EastListing courtesy of RE/MAX 8 - Blacksburg The Orchards $365,000 4 bd / 3.5 ba 2,676 sq ft $136/sq ft
PriceListing courtesy of RE/MAX 8 - Blacksburg $503,000 5 bd / 2.5 ba 3,002 sq ft $168/sq ft
Huntington LnListing courtesy of Gravity Real Estate Group Oak Manor $346,000 3 bd / 2.5 ba 1,685 sq ft $205/sq ft
Alico DriveListing courtesy of Gravity Real Estate Group Givens Farm $649,900 4 bd / 2.5 ba 2,671 sq ft $243/sq ft
Prospect StListing courtesy of Gravity Real Estate Group Fiddler's Green $517,500 3 bd / 2 ba 1,668 sq ft $310/sq ft
Edgewood LnListing courtesy of Nest Realty SWVA Miller Southside $525,000 4 bd / 3.5 ba 3,168 sq ft $166/sq ft
MidtownListing courtesy of Eagle Realty of Virginia Midtown $427,760 3 bd / 2.5 ba 1,504 sq ft $284/sq ft
AlicoListing courtesy of Eagle Realty of Virginia Givens Farm $642,471 4 bd / 2.5 ba 2,661 sq ft $241/sq ft
Draper RdListing courtesy of Branch Realty LLC Miller Southside $950,000 4 bd / 4.5 ba 3,836 sq ft $248/sq ft
Southgate DrListing courtesy of ListwithFreedom.com Miller Southside $874,900 3 bd / 3 ba 3,549 sq ft $247/sq ft
Newton CtListing courtesy of RE/MAX 8 - Blacksburg Haymarket Square $297,000 3 bd / 2.5 ba 1,342 sq ft $221/sq ft
Tall Oaks DrListing courtesy of RE/MAX 8 - Blacksburg Stroubles Mill $561,000 4 bd / 2.5 ba 2,288 sq ft $245/sq ft
Trillium LaneListing courtesy of Nest Realty SWVA The Village at Tom's Creek $455,000 3 bd / 2.5 ba 2,112 sq ft $215/sq ft
S Main StreetListing courtesy of Coldwell Banker Townside Bburg Clay Court Condominiums $349,000 1 bd / 1 ba 898 sq ft $389/sq ft
Ridge RdListing courtesy of RE/MAX 8 - Blacksburg Ramble Ridge $267,500 3 bd / 2.5 ba 1,300 sq ft $206/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2023 was $425,000, across 39 sales on record (land excluded). A year earlier, in May 2022, it was $435,000.

How many homes sold in Blacksburg in May 2023?

39 homes sold in Blacksburg in May 2023, compared with 32 in April 2023 and 47 in May 2022.

How fast did homes sell in Blacksburg in May 2023?

Homes that sold in May 2023 spent a median of 4 days on the market, and 67% sold at or above their original asking price.

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