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Foreclosures in Blacksburg, VA 24060

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Blacksburg, VA Foreclosures

How much do homes sell for in Blacksburg, VA?
The average home price is currently $448,271.
In Blacksburg, VA, how many homes are available?
There are currently 11 active home listings available in Blacksburg.
What’s the average rental cost in Blacksburg, VA?
The average rental price in Blacksburg is $1,461.
What is the most expensive home in Blacksburg?
The most expensive home sold in Blacksburg had a price of $14,921,582.
What is currently the cheapest priced home in Blacksburg, VA?
The cheapest home for sale in Blacksburg is priced at $17,688.

Living in Blacksburg, VA

Blacksburg, VA, is a thriving college town known for its rich cultural scene, outdoor recreational opportunities, and strong community engagement. With Virginia Tech at its heart, the area offers a dynamic lifestyle that combines education, culture, and nature. Residents enjoy an array of dining, shopping, and parks, making it an attractive destination for families and students alike.

Current Market Conditions in Blacksburg, VA

The real estate market in Blacksburg has been experiencing significant growth, largely driven by the demand from university faculty, students, and families seeking an academic atmosphere. Property values have steadily increased over the past year, making it a strong investment area.

Rental properties are particularly sought after due to the influx of students and the consistent demand for housing near the university. Home sales are competitive, with many homes selling quickly, often above asking price.

Home Value Estimator For Blacksburg, VA

There are currently 12,062 real estate properties in Blacksburg, VA, with a median automated valuation model (AVM) price of $404,389.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Blacksburg, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Blacksburg, VA, is $448,271.00, with the most expensive house in Blacksburg, VA, topping out at $14,921,582.00 and the cheapest home in Blacksburg, VA, clocking in at $17,688.00. In other words, there’s something for every potential homebuyer or savvy investor in Blacksburg, VA!

Rent Prices In Blacksburg, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Blacksburg, VA, is on a rollercoaster ride. The average rent price in Blacksburg, VA, is $1,461.00. Indeed, when looking to rent in Blacksburg, VA, you can expect to pay as little as $620.00 or as much as $3,980.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Blacksburg, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Blacksburg, VA 24060 Foreclosures


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