Blacksburg Housing Market Report February 2025Montgomery County, Virginia

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Housing Prices in Blacksburg, VA

How much do homes in Blacksburg, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$602,450$216/SqFt
-$27,450
-4.4%

Based on all homes listed in February 2025

Insight

The list price of homes in Blacksburg has decreased by 4.4% since January.

Summary: The median home list price in Blacksburg was $602,450 in February 2025, down 4.4% from the previous month, and the median price per square foot was $216.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2--
N/A
3$919.9K$550K
-40.2%
4$847.5K$840K
-0.9%
5$602.4K$602.4K
0.0%

Summary: Blacksburg housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -40.2%. The home price for 4 bedroom homes decreased by -0.9%. The home price for 5 bedroom homes did not change.

How does Blacksburg, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Blacksburg, VA

Housing supply in Blacksburg, VA

How many homes are available in Blacksburg, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
72 months agoJan 2025
-14.3 %
Change MoMJan – Feb

Summary: The Blacksburg real estate market had 6 homes for sale in Feb 2025, a 14.3 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
333
0.0%
421
-50.0%
522
0.0%

Summary: Blacksburg housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Blacksburg, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Blacksburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Blacksburg in February 2025, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Blacksburg, VA

How long does it take to sell a home in Blacksburg, VA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Blacksburg has remained consistent over time.

Summary: During February 2025, 2 homes were sold in Blacksburg; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
52 DaysLast MonthFeb 2025
68 Days1 month agoJan 2025
-23.3 %
Change MoMJan – Feb

Summary: Homes in Blacksburg had an average listing age of 52 days in Feb 2025, down by 23.3% compared to the previous month.

Newest Listings in Blacksburg, VA

What homes are available in Blacksburg, VA?

Nearby markets

Nearby markets aren't available for Blacksburg, VA

MLS Disclaimers and Copyright

Based on information from Roanoke Valley Association of Realtors MLS, and BrightMLS for the period 01/01/2025 - 03/01/2025

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.