Housing in Blacksburg, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$348,950

Median List Price

$551,750

Price Per Sq Ft

$232

Days on Market

32

Active Inventory

40

Months of Supply

1.5

Seller's market

Zillow Home Value

$403,960

ZHVI — January 2026

Zillow Rent Index

$2,064

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 28.1%List Price 0.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.5%

Off Market in 2 Weeks

13.3%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
11.5%
Under Contract in 2 Wks
13.3%
Listings with Price Drops
22.5%

Market Activity

Source: Redfin

Homes Sold

26

New Listings

12

Pending Sales

15

Homes Sold 30.0%New Listings 52.0%Pending 37.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$232

Median List $/SF

$274

Sale $/SF 7.4%List $/SF 15.6%Mar 24Jan 26

Blacksburg vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Blacksburg is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$417,200

Median Rent

$1,290

Total Housing Units

16,893

Vacancy Rate

18.1%

Owner Occupied

34.2%

Renter Occupied

65.8%

Median Property Tax

$3,341

per year

Monthly Cost (w/ Mortgage)

$1,181

Housing Types

Single Family
43.5%
Multi-Family
54.6%
Mobile Home
1.9%

The current median sale price in Blacksburg, VA is $348,950 according to Redfin data. Homes spend a median of 32 days on the market. 11.5% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $232. Zillow's observed rent index is $2,064/month. About 34.2% of housing units are owner-occupied. The median year homes were built is 1983. There are 16,893 total housing units.