Photo: Smash the Iron Cage · CC BY-SA 4.0291 homes sold in Blacksburg in the last year, at a typical $433K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Blacksburg homes are listed.
Every place Blacksburg homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Blacksburg.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Blacksburg’s sales are condos, at $241K less than a house
165 houses and 67 condos sold in the year to May 2026.
typical sale · 165 sold in 12 months
- Per square foot
- $216VA $222
- Days to sell
- 34
- Sold over asking
- 18%
- Listings with a price cut
- 25%
typical sale · 67 sold in 12 months
- Per square foot
- $280VA $301
- Days to sell
- 35
- Sold over asking
- 21%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 2 sold, typical $532K
Townhouses: 57 sold, typical $395K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at twice the 2016 price
291 sales in the last year, against 386 in 2021 and a low of 21 in 2017. The typical sale went from $218K in 2016 to $433K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Blacksburg
Check a listing against what Blacksburg homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Blacksburg are rarer than before the pandemic, and more homes are for sale
We read every month of Blacksburg’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 291 sales.
If you’re buying in Blacksburg
- Shop in June. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Bid near asking. Buyers paid 98.5% of the list price on average; 20% paid over.
- You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 27 days.
Spring brings the homes; winter brings the bidding wars
April has the most new listings (about 27 a month), but February is the most competitive: 45% of February sales close over asking. June offers nearly as much choice with fewer homes bid up (34%). November has the least competition (28%) but only about 13 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Virginia
| Blacksburg now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 20% | 33% | 41% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 39% | 2% | 1% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.5% | 99.1% | 100.5% | 99.3% |
| Days to sellMedian days from listing to contract | 27 | 76 | 52 | 38 |
61 homes for sale on a typical day
That’s twice the 2017 low (29) and 27% more than in 2017–19.
1 in 4 listings has cut its price
23% in the last year, against — in 2017–19 and 25% across Virginia.
Since 2019, houses are up 53%, condos 74%
A house typically sold for $522K in the last year (165 sales), a condo for $281K (67).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Blacksburg ranks 166th of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Blacksburg is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Blacksburg home costs about $2,539 a month
Price: Blacksburg’s typical sale, last 12 months. Property tax at Blacksburg’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Blacksburg is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $433K home, about $3,360 a year.
Taxes vs. neighborsSchools
The schools grade for Blacksburg, from test results, graduation and how much students grow.
Schools in BlacksburgTypical commute
The average one-way trip to work for people who live in Blacksburg.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Christiansburg, Fairlawn, Radford, Dublin, Pearisburg and Salem sell for less a square foot
The busier markets within 25 miles of Blacksburg, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Christiansburg | 335 | $325K | $181 | 29% | 23 |
| Salem | 295 | $290K | $156 | 26% | 22 |
| Blacksburg | 291 | $433K | $231 | 20% | 27 |
| Radford | 131 | $268K | $162 | 20% | 27 |
| Fairlawn | 53 | $351K | $172 | 13% | 93 |
| Pearisburg | 35 | $233K | $135 | 14% | 35 |
| Dublin | 28 | $201K | $162 | 29% | 22 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Blacksburg, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Blacksburg. People who follow the town see it, and so do people comparing Blacksburg with their own town. No commission, no listing fee.
Questions about buying a home in Blacksburg
What do homes sell for in Blacksburg, VA?
291 homes sold in the year to May 2026 at a typical $433K, $231 a square foot. Houses sold for about $522K, condos for about $281K.
Is Blacksburg a buyer’s or seller’s market?
A seller’s market: 69 homes were for sale in May 2026 and 26 sold, about 2.7 months of supply. Buyers paid 98.5% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Blacksburg?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Blacksburg?
About 0.8% of a home’s value a year. On a $433K home that’s near $3,360.
Where can I see homes for sale in Blacksburg?
Zillow, Redfin, Realtor.com and Homes.com all carry Blacksburg’s MLS listings; the search links above open each one filtered to Blacksburg.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).