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Foreclosure Homes in Blacksburg, VA

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Blacksburg, VA Foreclosures

Current Market Conditions in in Blacksburg, VA As of April 2026?
Over the past month, the housing market in Blacksburg has remained stable, with a slight uptick in average home prices. Inventory levels have decreased slightly, leading to increased competition among buyers, especially for properties located near Virginia Tech. The rental market has seen a boost as students prepare for the upcoming academic year, influencing leasing rates accordingly.
How much do homes sell for in Blacksburg, VA?
The average home price is currently $452,019.
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 is a vibrant college town, home to Virginia Tech, with plenty of cultural, recreational, and educational opportunities. The town offers a mix of beautiful mountainous landscapes and a bustling downtown area filled with shops, restaurants, and cafes. Residents enjoy a lively, youthful atmosphere fueled by the university's presence and the surrounding natural scenery.

Buyer vs Seller Market in Blacksburg, VA

The Blacksburg real estate market has shown consistent growth due to the demand for housing from Virginia Tech students and faculty. Homes tend to sell quickly, particularly those near the university. Overall, there is a healthy mix of single-family homes, townhouses, and apartments catering to different demographics, including families and students.

Home Value Estimator For Blacksburg, VA

There are currently 12,447 real estate properties in Blacksburg, VA, with a median automated valuation model (AVM) price of $406,000.00. 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 $452,019.00, 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 Foreclosures

Market Trend for Blacksburg, VA

Total Listings Available: 11

Market Values:

Home Prices from $17,688 to $14,921,582

Average Sales Price: $452,019

Rental Values:

Rental from $620 to $3,980

Average Rent Value: $1,461 / month

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