Blacksburg market report

Blacksburg housing market, July 2023.

In July 2023, 50 homes sold in Blacksburg at a median price of $411,200. In July 2022, 36 homes sold at a median of $452,225. Homes that sold spent a median of 4 days on the market and sold for a median of 100% of their original asking price.

50

Homes sold

36 a year earlier

$411K

Median sale price

Down 9% from a year earlier

$218

Per square foot

Median, sold homes

4

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

32

New listings

Homes listed this month

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

July 2023

The month in charts.

Sales by type: 28 single-family houses, 12 condos and 10 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2023Jul 22: $452K. Jul 23: $411K. Lowest $285K (Feb 23), highest $539K (Jun 23).Jul 22: $452KAug 22: $421KSep 22: $400KOct 22: $389KNov 22: $412KDec 22: $380KJan 23: $317KFeb 23: $285KMar 23: $421KApr 23: $468KMay 23: $425KJun 23: $539KJul 23: $411K
Median home sale price in Blacksburg by month, 13 months through July 2023
PeriodMedian sale price
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
Jun 23$539K
Jul 23$411K

Homes sold per month

July 2023 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2023Jul 22: 36. Jul 23: 50. Lowest 12 (Jan 23), highest 52 (Jun 23).Jul 22: 36Aug 22: 31Sep 22: 31Oct 22: 26Nov 22: 22Dec 22: 24Jan 23: 12Feb 23: 17Mar 23: 37Apr 23: 32May 23: 39Jun 23: 52Jul 23: 50
Homes sold in Blacksburg per month, 13 months through July 2023
PeriodHomes sold
Jul 2236
Aug 2231
Sep 2231
Oct 2226
Nov 2222
Dec 2224
Jan 2312
Feb 2317
Mar 2337
Apr 2332
May 2339
Jun 2352
Jul 2350

Sales by price

July 2023.

  • Under $250K 5 sold
  • $250K to $350K 14 sold
  • $350K to $500K 16 sold
  • $500K to $750K 9 sold
  • $750K to $1M 6 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2023.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2023
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Tall Oaks DrListing courtesy of Coldwell Banker Townside Christiansburg Stroubles Mill $550,000 4 bd / 3 ba 2,556 sq ft $215/sq ft
Lick Run RdListing courtesy of Nest Realty SWVA $470,000 3 bd / 2 ba 1,960 sq ft $240/sq ft
Courtney CirListing courtesy of Coldwell Banker Townside Bburg Echols Village $408,000 4 bd / 2.5 ba 1,782 sq ft $229/sq ft
Charles StListing courtesy of RE/MAX 8 - Blacksburg Piedmont $234,800 2 bd / 1.5 ba 966 sq ft $243/sq ft
1470 Seneca Dr FListing courtesy of Mountain City Realty & Auction LLC Hunters Ridge $229,500 4 bd / 2 ba 967 sq ft $237/sq ft
Seminole DrListing courtesy of RE/MAX 8 - Blacksburg Shenandoah $530,000 4 bd / 3.5 ba 4,739 sq ft $112/sq ft
1460 Thomas LnListing courtesy of RE/MAX All Points $325,000 3 bd / 1.5 ba 1,522 sq ft $214/sq ft
Pheasant Run DriveListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $318,000 4 bd / 2.5 ba 1,480 sq ft $215/sq ft
Loudon RdListing courtesy of Nest Realty SWVA Cascades $175,000 2 bd / 1 ba 744 sq ft $235/sq ft
Honeysuckle DrListing courtesy of Phillips Real Estate The Village at Tom's Creek $414,400 3 bd / 2.5 ba 2,072 sq ft $200/sq ft
Cedar Orchard DrListing courtesy of Blue Ridge Mountain Realty, LLC Cedar Orchard $400,000 3 bd / 2 ba 2,107 sq ft $190/sq ft
Marsh RdListing courtesy of Nest Realty SWVA $540,000 3 bd / 2 ba 1,644 sq ft $328/sq ft
Plank DrListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $860,000 5 bd / 4.5 ba 4,413 sq ft $195/sq ft
Forsythia PlListing courtesy of Coldwell Banker Townside Bburg Westhill $968,305 6 bd / 4.5 ba 5,440 sq ft $178/sq ft
Petra PassListing courtesy of Sycamore REALTORS Mt. Tabor Meadows $735,000 5 bd / 4.5 ba 3,314 sq ft $222/sq ft
RidgeListing courtesy of RE/MAX 8 - Blacksburg Laurel Ridge $500,000 4 bd / 3.5 ba 3,754 sq ft $133/sq ft
Alico DrListing courtesy of Eagle Realty of Virginia Givens Farm $916,531 4 bd / 3.5 ba 2,811 sq ft $326/sq ft
Seminole DriveListing courtesy of RE/MAX 8 - Blacksburg Shenandoah $460,000 4 bd / 3 ba 2,812 sq ft $164/sq ft
Highland CirListing courtesy of UC/Blue Ridge Land - Cburg Highland Park $415,000 4 bd / 2 ba 1,890 sq ft $220/sq ft
Scenic Ridge CirListing courtesy of Nest Realty SWVA Kipps Farm $887,000 7 bd / 4.5 ba 5,268 sq ft $168/sq ft
Heights LaneListing courtesy of NRV Gateway Realty Inc The Heights $408,000 3 bd / 3.5 ba 1,744 sq ft $234/sq ft
Pheasant Run CourtListing courtesy of Gravity Real Estate Group Pheasant Run $320,000 4 bd / 2.5 ba 1,480 sq ft $216/sq ft
Pheasant Run DrListing courtesy of Gravity Real Estate Group Pheasant Run $310,000 4 bd / 2.5 ba 1,480 sq ft $209/sq ft
Deercroft DriveListing courtesy of Sycamore REALTORS Deercroft $800,500 3 bd / 3.5 ba 3,125 sq ft $256/sq ft
BelvedereListing courtesy of Eagle Realty of Virginia Midtown $771,402 4 bd / 4 ba 3,033 sq ft $254/sq ft
Giles RoadListing courtesy of Coldwell Banker Townside Bburg $495,000 3 bd / 2 ba 2,501 sq ft $198/sq ft
Westover DriveListing courtesy of Nest Realty SWVA Westover Hills $405,000 5 bd / 3 ba 2,808 sq ft $144/sq ft
Palmer DrListing courtesy of Page & Assoc. Real Estate Highland Park $312,000 3 bd / 2 ba 1,370 sq ft $228/sq ft
Christine CtListing courtesy of Long & Foster - Blacksburg Pheasant Run Crossing $305,000 4 bd / 2.5 ba 1,512 sq ft $202/sq ft
Donlee DriveListing courtesy of Long & Foster - Blacksburg Piedmont $195,000 3 bd / 1 ba 1,012 sq ft $193/sq ft
KnollwoodListing courtesy of Nest Realty SWVA Knollwood $295,000 3 bd / 2 ba 1,326 sq ft $222/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg University Terrace $250,000 4 bd / 2 ba 935 sq ft $267/sq ft
KnollwoodListing courtesy of RE/MAX 8 - Blacksburg Knollwood $252,900 2 bd / 2 ba 1,026 sq ft $246/sq ft
PennListing courtesy of Nest Realty SWVA $258,500 3 bd / 2 ba 2,532 sq ft $102/sq ft
Seneca DrListing courtesy of Long & Foster - Blacksburg Hunters Ridge $250,000 4 bd / 2 ba 967 sq ft $259/sq ft
Tall Oaks DrListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $605,000 5 bd / 3 ba 2,394 sq ft $253/sq ft
Trillium LaneListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $455,000 3 bd / 2.5 ba 2,112 sq ft $215/sq ft
Bishop RdListing courtesy of Coldwell Banker Townside Bburg $425,000 4 bd / 3 ba 2,200 sq ft $193/sq ft
Cedar Hill DriveListing courtesy of Sycamore REALTORS Cedar Hill $375,000 3 bd / 2 ba 1,443 sq ft $260/sq ft
Pumpkin DrListing courtesy of Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg $250,000 2 bd / 1 ba 1,006 sq ft $249/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2023 was $411,200, across 50 sales on record (land excluded). A year earlier, in July 2022, it was $452,225.

How many homes sold in Blacksburg in July 2023?

50 homes sold in Blacksburg in July 2023, compared with 52 in June 2023 and 36 in July 2022.

How fast did homes sell in Blacksburg in July 2023?

Homes that sold in July 2023 spent a median of 4 days on the market, and 66% sold at or above their original asking price.

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