Neighborhood
Park Place, Blacksburg
No homes for sale right now. Median sale $185K, last 5 years.
0
For sale now
Active listings
$185K
Median sale price
Last 5 years
$231
Per square foot
Median, sold homes
3
Days on market
Median, sold homes
100%
Of asking price
Median sale to original list
Live. Updated 5 hours ago.
Homes for sale
Nothing listed in Park Place right now.
The most recent sale here closed Apr 13, 2026 at $205,000. Get an email when the next home lists.
Get Park Place alerts All homes for sale in Blacksburg
For sale nearby
$499,900
4 bd · 2.5 ba · 2,952 sq ft
412 Stonegate Drive, Blacksburg
Listing courtesy of Nest Realty SWVA
$279,900
4 bd · 2 ba · 1,071 sq ft
1210 University Terrace Unit H, Blacksburg
Listing courtesy of Burnette Real Estate Sales & Management Inc.
$329,500
2 bd · 1.5 ba · 1,039 sq ft
212 Prospect Street, Blacksburg
Listing courtesy of CHP Realty LLC
Recently sold
What homes in Park Place sold for.
1 sale in the last 12 months. The latest closed Apr 13, 2026. Prices are final sale prices.
| Address | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|
| 1000 Progress Street NW Unit EListing courtesy of Sycamore REALTORS | $205,000 | 2 bd / 1 ba | 760 sq ft | $270/sq ft | |
| ProgressListing courtesy of Nest Realty SWVA | $185,000 | 2 bd / 1 ba | 760 sq ft | $243/sq ft | |
| ProgressListing courtesy of Nest Realty SWVA | $202,000 | 3 bd / 1 ba | 875 sq ft | $231/sq ft | |
| Progress Street NWListing courtesy of Long & Foster - Blacksburg | $172,000 | 2 bd / 1 ba | 760 sq ft | $226/sq ft | |
| MontgomeryListing courtesy of Long & Foster - Blacksburg | $160,000 | 2 bd / 1 ba | 760 sq ft | $211/sq ft | |
| ProgressListing courtesy of Noonkester Real Estate | $160,000 | 2 bd / 1 ba | 760 sq ft | $211/sq ft | |
| L Progress StListing courtesy of Granite Management LLC | $170,000 | 2 bd / 1 ba | 760 sq ft | $224/sq ft | |
| ProgressListing courtesy of Long & Foster - Blacksburg | $150,000 | 2 bd / 1 ba | 760 sq ft | $197/sq ft | |
| ProgressListing courtesy of Nest Realty SWVA | $159,500 | 3 bd / 1 ba | 875 sq ft | $182/sq ft | |
| A Progress StListing courtesy of Coldwell Banker Townside Bburg | $140,000 | 2 bd / 1 ba | 760 sq ft | $184/sq ft | |
| MontgomeryListing courtesy of Coldwell Banker Townside Bburg | $136,000 | 2 bd / 1 ba | 760 sq ft | $179/sq ft | |
| ProgressListing courtesy of Coldwell Banker Townside Bburg | $132,000 | 3 bd / 1 ba | 860 sq ft | $153/sq ft |
Market
The Park Place market.
A median sale of $185,000 over the last 5 years, across 5 sales. Across Blacksburg, the median was $460,455 over the last 12 months.
Median sale price by year
Homes sold in Park Place, 2005 to 2026 (this year to date). Gaps are years with no sales.
| Period | Median sale price |
|---|---|
| 2005 | $91K |
| 2006 | $85K |
| 2007 | $86K |
| 2008 | $97K |
| 2009 | $94K |
| 2010 | $93K |
| 2011 | $85K |
| 2012 | $82K |
| 2013 | $85K |
| 2014 | $79K |
| 2015 | $93K |
| 2016 | $81K |
| 2017 | $115K |
| 2018 | $130K |
| 2019 | $137K |
| 2020 | $140K |
| 2021 | $160K |
| 2022 | $172K |
| 2023 | $194K |
| 2024 | No data |
| 2025 | No data |
| 2026 | $205K |
Homes sold per year
41 sales since 2005.
Price points
Homes sold by price, last 5 years.
Home types
Share of homes on record in the last 10 years.
About
About Park Place.
The homes in Park Place are condos, with few exceptions. Construction dates cluster between 1970 and 1971. The median home has about 760 finished square feet and 2 bedrooms.
In a straight line, Park Place is about 0.8 miles northwest of downtown Blacksburg and about 0.7 miles from the Drillfield at Virginia Tech. For public schools, homes here are listed with Blacksburg High School. Assignments can change, so confirm with Montgomery County Public Schools.
Over the last 5 years, 5 homes sold in Park Place at a median price of $185,000. Sale prices ranged from $160,000 to $205,000. Homes that sold were on the market for a median of 3 days, and sellers received a median of 100% of their original asking price. The median price per finished square foot was $231. In all, Park Place has 41 home sales on record since 2005, about 2 a year.
Figures are medians from sales records for homes in Park Place (land excluded). Distances are straight-line from the neighborhood's center. School assignments: confirm with Montgomery County Public Schools.
- Homes
- Condos 100%
- Built
- 1970 to 1983
- Typical size
- 760 sq ft
- Downtown
- 0.8 mi northwest
- Virginia Tech
- 0.7 mi to the Drillfield
- High school (as listed)
- Blacksburg High School
- Sales on record
- 41 since 2005
History
How Park Place was built.
Homes on record in Park Place were built from 1970 to 1985. Most of them, 88%, went up in the 1970s. Every home on record here is one of the condos. Our sales records reach back to 2005, and sales here appear from the start.
- Earliest year built
- 1970
- On record
- Latest year built
- 1985
- On record
- Busiest decade
- 1970s
- 88% of homes on record
Homes by decade built
24 homes on record with a year built.
From homes in Park Place 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
Park Place on the map.
Recent sales.
Coming nearby
What’s coming near Park Place.
Development projects within about a mile, from Town of Blacksburg records.
- Under construction Rambler (801 North Main Street)
- Proposed Progress Street Bike Improvements, Phase 2
- Approved St. Luke and Odd Fellows Hall restoration
- Approved Clydesview (103 Jefferson Street)
- Approved Duplex at 205 Washington Street SW
- Approved Downtown Northwest zoning district
21 more nearby, and everything coming to Blacksburg
Information from Town of Blacksburg public records and other official sources. Check the official record for decisions. Updated 3 hours ago ().
Nearby
Neighborhoods near Park Place.
-
Stonegate 1 home for sale · Median $563K 0.2 mi away
-
Springdale Addition None for sale now · Median $253K (2 yrs) 0.3 mi away
-
University Terrace 1 home for sale · Median $279K 0.4 mi away
-
Sundance Village None for sale now · Median $140K (3 yrs) 0.5 mi away
-
Dickerson 1 home for sale · Median $588K 0.5 mi away
-
McBryde Village 2 homes for sale · Median $447K 0.5 mi away
FAQ
Questions? Answers.
What is the median home price in Park Place?
The median sale price for homes in Park Place was $185,000 over the last 5 years, across 5 sales on record.
How many homes are for sale in Park Place right now?
No homes are for sale in Park Place right now. Sign up for Park Place alerts on this page to hear when one lists.
How fast do homes sell in Park Place?
Homes that sold in Park Place over the last 5 years spent a median of 3 days on the market, and sellers received a median of 100% of their original asking price. 60% sold at or above their original asking price.
What is the price per square foot in Park Place?
The median sale price per finished square foot in Park Place was $231 over the last 5 years. Across Blacksburg, the median was $234 over the last 12 months.
How far is Park Place from Virginia Tech?
Park Place is about 0.7 miles from the Virginia Tech Drillfield and 0.8 miles northwest of downtown Blacksburg, measured in a straight line from the neighborhood's center. Driving distances are longer.
What high school serves Park Place?
Listings for homes in Park Place name Blacksburg High School as the high school. School assignments can change, so confirm with Montgomery County Public Schools.
When was Park Place built?
Homes on record in Park Place were built from 1970 to 1985, most of them in the 1970s.
How do I get alerts for new listings in Park Place?
Use the sign-up form on this page. You will get an email when a home in Park Place is listed, goes under contract or sells.
Alerts
Get new Park Place listings by email.
Get an email when a home in Park Place is listed, drops its price, goes under contract or sells. Nothing else.