Neighborhood

Oakton, Blacksburg

1 home and 1 lot for sale now. Last sale $882K in 2025.

705 Somerset Place, Blacksburg703 Somerset Place, Blacksburg1505 Highland Circle, Blacksburg1510 Highland Circle, Blacksburg705 Somerset Place, Blacksburg, photo 2

2

For sale now

Active listings

$747K

Median sale price

Since 2012

$172

Per square foot

Median, sold homes

106

Days on market

Median, sold homes

83%

Of asking price

Median sale to original list

2.1 mi

To Virginia Tech

Drillfield, straight line

Live. Updated 1 hour ago.

Recently sold

What homes in Oakton sold for.

1 sale in the last 12 months. The latest closed Dec 12, 2025. Prices are final sale prices.

Recent sales in Oakton
AddressSoldPriceBeds / bathsSq ftPer sq ft
1505 Highland CircleListing courtesy of Woltz & Associates, Inc. $882,000 3 bd / 5 ba 5,026 sq ft $175/sq ft
1510 Highland CircleListing courtesy of Coldwell Banker Townside Bburg $935,000 5 bd / 5 ba 5,293 sq ft $177/sq ft
Highland CircleListing courtesy of Nest Realty SWVA $585,000 5 bd / 3.5 ba 3,617 sq ft $162/sq ft
Somerset PlaceListing courtesy of Coldwell Banker Townside Bburg $747,000 5 bd / 5 ba 5,631 sq ft $133/sq ft
Highland CirListing courtesy of Coldwell Banker Townside Bburg $645,000 4 bd / 3 ba 3,760 sq ft $172/sq ft

All recent sales in Blacksburg

Market

The Oakton market.

A median sale of $747,000 over the years since 2012, across 5 sales.

Median sale price by year

Homes sold in Oakton, 2012 to 2026 (this year to date). Gaps are years with no sales.

Median home sale price by year in Oakton2012: $645K. 2025: $882K. Lowest $585K (2019), highest $935K (2024).2012: $645K2013: no sales2014: no sales2015: $747K2016: no sales2017: no sales2018: no sales2019: $585K2020: no sales2021: no sales2022: no sales2023: no sales2024: $935K2025: $882K2026: no sales
Median home sale price by year in Oakton
PeriodMedian sale price
2012$645K
2013No data
2014No data
2015$747K
2016No data
2017No data
2018No data
2019$585K
2020No data
2021No data
2022No data
2023No data
2024$935K
2025$882K
2026No data

Homes sold per year

5 sales since 2012.

Homes sold per year in Oakton2012: 1. 2026: 0. Lowest 0 (2013), highest 1 (2012).2012: 12013: 02014: 02015: 12016: 02017: 02018: 02019: 12020: 02021: 02022: 02023: 02024: 12025: 12026: 0
Homes sold per year in Oakton
PeriodHomes sold
20121
20130
20140
20151
20160
20170
20180
20191
20200
20210
20220
20230
20241
20251
20260

Price points

Homes sold by price, since 2012, with homes for sale now in each range.

  • $500K to $750K 3 sold
  • $750K to $1M 2 sold1 for sale

Home types

Share of homes on record in the last 10 years.

  • Houses 100%5 homes

The Blacksburg housing market

About

About Oakton.

The homes in Oakton are single-family houses, with few exceptions. Construction dates cluster between 1994 and 1998. The median home has about 5,030 finished square feet and 5 bedrooms. Lots here have a median size of 3.1 acres, about 7 times the median for houses across Blacksburg (0.44 acres).

In a straight line, Oakton is about 1.6 miles southeast of downtown Blacksburg and about 2.1 miles from the Drillfield at Virginia Tech.

Since 2012, 5 homes sold in Oakton at a median price of $747,000. Sale prices ranged from $585,000 to $935,000. Homes that sold were on the market for a median of 106 days, and sellers received a median of 83% of their original asking price. The median price per finished square foot was $172. One lot is listed for sale now on Somerset Place: $195,000 for 3.3 acres.

Figures are medians from sales records for homes in Oakton (land excluded). Distances are straight-line from the neighborhood's center. School assignments: confirm with Montgomery County Public Schools.

Homes
Houses 100%
Built
1994 to 1999
Typical size
5,030 sq ft
Typical lot
3.1 acres
Downtown
1.6 mi southeast
Virginia Tech
2.1 mi to the Drillfield
Sales on record
5 since 2012

History

How Oakton was built.

Homes on record in Oakton were built from 1994 to 1999. Every home on record here is a detached house. The first sale on record here closed in March 2012.

Earliest year built
1994
On record
Latest year built
1999
On record
First sale on record
Mar 2012
Closing date

From homes in Oakton that have been listed or sold since 2005 in our records, counted once each. Years built are as reported in those listings. Older homes that have not changed hands since then are not counted.

Map

Oakton on the map.

2 for sale and recent sales.

Schools

Public schools for Oakton.

Every home on record in Oakton with a map location is in the same attendance zones.

Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Based on 3 homes on record in Oakton with a map location. Distances are straight-line. Each school name links to its page on the Montgomery County Public Schools site.

Coming nearby

What’s coming near Oakton.

Development projects within about a mile, from Town of Blacksburg records.

Everything coming to Blacksburg

Information from Town of Blacksburg public records and other official sources. Check the official record for decisions. Updated 4 hours ago ().

FAQ

Questions? Answers.

What is the median home price in Oakton?

The median sale price for homes in Oakton was $747,000 in the years since 2012, across 5 sales on record. Homes for sale now have a median asking price of $995,000.

How many homes are for sale in Oakton right now?

1 home and 1 lot are for sale in Oakton right now, priced from $195,000 to $995,000. This page updates every few minutes.

How fast do homes sell in Oakton?

Homes that sold in Oakton in the years since 2012 spent a median of 106 days on the market, and sellers received a median of 83% of their original asking price. 20% sold at or above their original asking price.

What is the price per square foot in Oakton?

The median sale price per finished square foot in Oakton was $172 in the years since 2012. Across Blacksburg, the median was $234 over the last 12 months.

How far is Oakton from Virginia Tech?

Oakton is about 2.1 miles from the Virginia Tech Drillfield and 1.6 miles southeast of downtown Blacksburg, measured in a straight line from the neighborhood's center. Driving distances are longer.

What schools serve Oakton?

Homes in Oakton are in the Montgomery County Public Schools attendance zones for Margaret Beeks Elementary, Blacksburg Middle and Blacksburg High. Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools.

When was Oakton built?

Homes on record in Oakton were built from 1994 to 1999.

How do I get alerts for new listings in Oakton?

Use the sign-up form on this page. You will get an email when a home in Oakton is listed, goes under contract or sells.

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