Neighborhood

Park Place, Blacksburg

No homes for sale right now. Median sale $185K, last 5 years.

1000 Progress Street NW Unit E, Blacksburg1000 Progress Street NW Unit E, Blacksburg, photo 21000 Progress Street NW Unit E, Blacksburg, photo 31000 Progress Street NW Unit E, Blacksburg, photo 41000 Progress Street NW Unit E, Blacksburg, photo 5

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

0.7 mi

To Virginia Tech

Drillfield, straight line

Live. Updated 5 hours ago.

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.

Recent sales in Park Place
AddressSoldPriceBeds / bathsSq ftPer 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

All recent sales in Blacksburg

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.

Median home sale price by year in Park Place2005: $91K. 2026: $205K. Lowest $79K (2014), highest $205K (2026).2005: $91K2006: $85K2007: $86K2008: $97K2009: $94K2010: $93K2011: $85K2012: $82K2013: $85K2014: $79K2015: $93K2016: $81K2017: $115K2018: $130K2019: $137K2020: $140K2021: $160K2022: $172K2023: $194K2024: no sales2025: no sales2026: $205K
Median home sale price by year in Park Place
PeriodMedian 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
2024No data
2025No data
2026$205K

Homes sold per year

41 sales since 2005.

Homes sold per year in Park Place2005: 1. 2026: 1. Lowest 0 (2024), highest 5 (2018).2005: 12006: 22007: 42008: 12009: 42010: 12011: 12012: 22013: 12014: 22015: 12016: 22017: 12018: 52019: 22020: 32021: 42022: 12023: 22024: 02025: 02026: 1
Homes sold per year in Park Place
PeriodHomes sold
20051
20062
20074
20081
20094
20101
20111
20122
20131
20142
20151
20162
20171
20185
20192
20203
20214
20221
20232
20240
20250
20261

Price points

Homes sold by price, last 5 years.

  • Under $250K 5 sold

Home types

Share of homes on record in the last 10 years.

  • Condos 100%7 homes

The Blacksburg housing market

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.

Homes on record in Park Place by decade built1970s: 21. 1980s: 3. Lowest 3 (1980s), highest 21 (1970s).1970s: 211980s: 3
Homes on record in Park Place by decade built
PeriodHomes
1970s21
1980s3

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.

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

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