New - 6 days on Rocket
$5,569 Closing Credit¹
#914375, Listing Office: RED KEY REALTY INC
Blue Ridge Housing Market Report January 2025•Botetourt County, Virginia
Housing Prices in Blue Ridge, VA
How much do homes in Blue Ridge, VA cost?
Housing Market Conditions
Is Blue Ridge, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Blue Ridge is a Neutral Market
Difference Since January 2024
At the same time last year, Blue Ridge was a Seller's Market.
Insight
Blue Ridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$354,900$172/SqFt
+$14,900
+4.4%
Based on all homes sold in the last 12 months
Insight
Homes in Blue Ridge have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Blue Ridge was $354,900 in January 2025, up 4.4% from last year, and the median price per square foot was $172.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Valley | $335K | $382K | +14.0% |
| Blue Ridge | $300K | $338K | +12.7% |
| Vinton | $275K | $293.9K | +6.9% |
| Blue Ridge | $340K | $354.9K | +4.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $126K | - | N/A |
| 22 Bedrooms | $142.5K | $158K | +10.9% |
| 33 Bedrooms | $267.4K | $328.7K | +22.9% |
| 44 Bedrooms | $414.2K | $389.9K | -5.9% |
| 55+ Bedrooms | $333.2K | $587.4K | +76.3% |
Summary: Blue Ridge housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.9%. The home price for 3 bedroom homes increased by +22.9%. The home price for 4 bedroom homes decreased by -5.9%. The home price for 5 bedroom homes increased by +76.3%.
Housing supply in Blue Ridge, VA
How many homes are available in Blue Ridge, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 30Last MonthJan 2025 | ||
| 182 months agoDec 2024 | +66.7 % Change MoMDec – Jan |
Summary: The Blue Ridge real estate market had 30 homes for sale in Jan 2025, a 66.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -16.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 2 | 3 | +50.0% |
| 33 Bedrooms | 9 | 17 | +88.9% |
| 44 Bedrooms | 6 | 7 | +16.7% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Blue Ridge housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +88.9%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Blue Ridge, VA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Blue Ridge, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Blue Ridge in January 2025, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.
Days on Market for Blue Ridge, VA
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Blue Ridge, VA
What homes are available in Blue Ridge, VA?
$1,187 Closing Credit¹
#914204, Listing Office: CENTURY 21 GOLD KEY, REALTORS(r)
$7,421 Closing Credit¹
#914092, Listing Office: RICKMAN REALTY LLC
$2,550 Closing Credit¹
#357005, Joan Turner, Listing Office: Berkshire Hathaway Homeservices Premier Realtors
$2,550 Closing Credit¹
#913997, Listing Office: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH
$10,000 Closing Credit¹
#913839, Listing Office: WAINWRIGHT & CO., REALTORS(r)
$2,375 Closing Credit¹
#913752, Listing Office: MKB, REALTORS(r)
#913791, Listing Office: LICHTENSTEIN ROWAN, REALTORS(r)
#913788, Listing Office: MOUNTAIN VIEW REAL ESTATE LLC
3D tour
$4,987 Closing Credit¹
#913656, Listing Office: WAINWRIGHT & CO., REALTORS(r)
$5,926 Closing Credit¹
#913365, Listing Office: CENTURY 21 WAMPLER REALTY
#913025, Listing Office: XREALTY.NET LLC
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MLS Disclaimers and Copyright
Based on information from Roanoke Valley Association of Realtors MLS, and Lynchburg MLS for the period 02/01/2023 - 02/01/2025
Although 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: 2/20/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. 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: 2/20/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.