Neighborhood
University Terrace, Blacksburg
1 home for sale now. Median sale $279K, last 12 months.
1
For sale now
Active listings
$279K
Median sale price
Last 12 months
$261
Per square foot
Median, sold homes
42
Days on market
Median, sold homes
100%
Of asking price
Median sale to original list
Live. Updated 1 hour ago.
Homes for sale
1 home for sale in University Terrace.
Listed at $279,900. Updated every few minutes.
Recently sold
What homes in University Terrace sold for.
5 sales in the last 12 months. The latest closed Sep 8, 2026. Prices are final sale prices.
| Address | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|
| 1210 University Terrace Unit BListing courtesy of Long & Foster - Blacksburg | $250,000 | 4 bd / 2 ba | 1,075 sq ft | $233/sq ft | |
| 1209 B University TerraceListing courtesy of Page & Assoc. Real Estate | $260,000 | 4 bd / 2 ba | 1,071 sq ft | $243/sq ft | |
| 1211 University Terrace Unit DListing courtesy of Nest Realty SWVA | $279,000 | 4 bd / 2 ba | 1,071 sq ft | $261/sq ft | |
| 1213 University Terrace Unit CListing courtesy of Coldwell Banker Townside Bburg | $280,000 | 4 bd / 2 ba | 1,071 sq ft | $261/sq ft | |
| 1206 University Terrace Unit HListing courtesy of Nest Realty SWVA | $285,000 | 4 bd / 2 ba | 935 sq ft | $305/sq ft | |
| 1206 University Terrace Unit CListing courtesy of Burnette Real Estate Sales & Management Inc. | $279,000 | 4 bd / 2 ba | 935 sq ft | $298/sq ft | |
| 1207 University Terrace Unit DListing courtesy of Welcome Home Real Estate | $288,000 | 4 bd / 2 ba | 1,071 sq ft | $269/sq ft | |
| 1203 University Terrace Unit LListing courtesy of RE/MAX 8 - Blacksburg | $276,000 | 4 bd / 2 ba | 935 sq ft | $295/sq ft | |
| 1215 NW Progress Street Unit DListing courtesy of eXp Realty | $280,000 | 4 bd / 2 ba | 935 sq ft | $299/sq ft | |
| 1206 University Terrace Unit CListing courtesy of RE/MAX 8 - Blacksburg | $205,000 | 4 bd / 2 ba | 935 sq ft | $219/sq ft | |
| 1204 University Terrace Unit EListing courtesy of Sycamore REALTORS | $270,000 | 4 bd / 2 ba | 935 sq ft | $289/sq ft | |
| 1206 University Terrace Unit JListing courtesy of Sycamore REALTORS | $279,900 | 4 bd / 2 ba | 935 sq ft | $299/sq ft |
Market
The University Terrace market.
A median sale of $279,000 over the last 12 months, across 5 sales. Across Blacksburg, the median was $460,000 over the last 12 months.
Median sale price by year
Homes sold in University Terrace, 2005 to 2026 (this year to date). Gaps are years with no sales.
| Period | Median sale price |
|---|---|
| 2005 | $115K |
| 2006 | $122K |
| 2007 | $124K |
| 2008 | $128K |
| 2009 | $132K |
| 2010 | $129K |
| 2011 | $124K |
| 2012 | $125K |
| 2013 | $121K |
| 2014 | $122K |
| 2015 | $118K |
| 2016 | $124K |
| 2017 | $130K |
| 2018 | $162K |
| 2019 | $180K |
| 2020 | $197K |
| 2021 | $220K |
| 2022 | $265K |
| 2023 | $255K |
| 2024 | $280K |
| 2025 | $279K |
| 2026 | $270K |
Homes sold per month
Last 24 months. 13 sales in all.
Price points
Homes sold by price, last 12 months, with homes for sale now in each range.
Home types
Share of homes on record in the last 10 years.
About
About University Terrace.
University Terrace sits about 1.1 miles north of downtown Blacksburg and about 1.1 miles from the Virginia Tech Drillfield, measured in a straight line.
Nearly every home on record in University Terrace is a condo. Most were built between 1986 and 1987. The median home has about 1,050 finished square feet and 4 bedrooms.
The median sale price in University Terrace is $279,000, based on 5 sales over the last 12 months. Sale prices ranged from $250,000 to $285,000. The median time on market was 42 days, and sellers received a median of 100% of their original asking price. Per finished square foot, the median was $261. In 2005, the median home here sold for $115,000; in 2025, $279,450. There are 151 home sales on record here since 2005.
Figures are medians from sales records for homes in University Terrace (land excluded). Distances are straight-line from the neighborhood's center. School assignments: confirm with Montgomery County Public Schools.
- Homes
- Condos 100%
- Built
- 1986 to 1992
- Typical size
- 1,050 sq ft
- Downtown
- 1.1 mi north
- Virginia Tech
- 1.1 mi to the Drillfield
- Sales on record
- 151 since 2005
History
How University Terrace was built.
Homes on record in University Terrace were built from 1984 to 1992. Most of them, 96%, went up in the 1980s. 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
- 1984
- On record
- Latest year built
- 1992
- On record
- Busiest decade
- 1980s
- 96% of homes on record
Homes by decade built
111 homes on record with a year built.
From homes in University Terrace 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
University Terrace on the map.
1 for sale and recent sales.
Schools
Public schools for University Terrace.
Every home on record in University Terrace with a map location is in the same attendance zones.
-
Elementary
-
Middle
-
High
Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Based on 70 homes on record in University Terrace 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 University Terrace.
Development projects within about a mile, from Town of Blacksburg records.
- Under construction Rambler (801 North Main Street)
- Approved 1709 and 1711 Whipple Drive townhomes
- Proposed Progress Street Bike Improvements, Phase 2
- Approved St. Luke and Odd Fellows Hall restoration
- Approved Automobile dealership at 1711 North Main Street
- Approved Downtown Northwest zoning district
14 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 4 hours ago ().
Nearby
Neighborhoods near University Terrace.
-
Hunters Ridge
1 home for sale · Median $265K (3 yrs)
0.3 mi away
-
Patrick Henry
None for sale now · Median $212K (5 yrs)
0.3 mi away
-
Shenandoah
1 home for sale · Median $468K
0.3 mi away
-
The Heights
1 home for sale · Median $408K (5 yrs)
0.3 mi away
-
Park Place
None for sale now · Median $185K (5 yrs)
0.4 mi away
-
Pheasant Run
1 home for sale · Median $340K
0.4 mi away
FAQ
Questions? Answers.
What is the median home price in University Terrace?
The median sale price for homes in University Terrace was $279,000 over the last 12 months, across 5 sales on record. Homes for sale now have a median asking price of $279,900.
How many homes are for sale in University Terrace right now?
1 home is for sale in University Terrace right now at $279,900. This page updates every few minutes.
How fast do homes sell in University Terrace?
Homes that sold in University Terrace over the last 12 months spent a median of 42 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 University Terrace?
The median sale price per finished square foot in University Terrace was $261 over the last 12 months. Across Blacksburg, the median was $234 over the last 12 months.
How far is University Terrace from Virginia Tech?
University Terrace is about 1.1 miles from the Virginia Tech Drillfield and 1.1 miles north of downtown Blacksburg, measured in a straight line from the neighborhood's center. Driving distances are longer.
What schools serve University Terrace?
Homes in University Terrace are in the Montgomery County Public Schools attendance zones for Gilbert Linkous Elementary, Blacksburg Middle and Blacksburg High. Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools.
Does University Terrace have an HOA?
4 of the 21 University Terrace listings with public remarks on record mention a homeowners or property owners association. Association fees are not reported with these listings, so confirm the association and its dues for any home before you buy.
When was University Terrace built?
Homes on record in University Terrace were built from 1984 to 1992, most of them in the 1980s.
How do I get alerts for new listings in University Terrace?
Use the sign-up form on this page. You will get an email when a home in University Terrace is listed, goes under contract or sells.
Alerts
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