Sep 2026
$313K
-2.8% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Blacksburg, VA housing market
Blacksburg, VA metro median sale price $313K in Sep 2026, down 2.8% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Blacksburg, VA metro is $313K as of Sep 2026, down 2.8% from a year earlier. That is the 26th-steepest year-over-year decline of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 5.7% through Q2 2026.
Blacksburg has the lowest median sale price of the nine Virginia metros Pecan Street tracks ($313K); Roanoke ($322K) is next. Blacksburg has the most median days on market of the nine Virginia metros (65 days), ahead of Roanoke (64 days). On share of listings with a price cut, Blacksburg (45%) ranks 2nd of the nine Virginia metros, between Roanoke (51%) and Winchester (44%).
Listings spent a median 65 days on market in Sep 2026, more than in most of the 385 metros. 45% of active listings carry a price cut, 7.0 points more than a year earlier. That share is higher than in most of the 385 metros. Median asking prices sit about 13% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,713 a month; at 28% of gross income, that takes about $73K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 7.0% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $192 per square foot, down 0.5% from a year earlier.
Median list prices are higher than a year earlier in three of the six ZIP codes in the table below and lower in three.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,713/mo
$73K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Blacksburg compares to other U.S. metros
| Home-price growth | ↓358th of 383 |
|---|---|
| Asking-vs-sale gap | ↑28th of 292 (top 10%) |
| Price cuts | ↑74th of 385 (top 20%) |
| Days on market | ↑117th of 385 (top 31%) |
| Price-to-rent | ↓235th of 373 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -7.0% YoY ↓235th of 373 |
|---|---|
| Asking price / sq ft | $192 -0.5% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 45% +7.0 pts YoY ↑74th of 385 (top 20%) |
|---|
The median asking price $352K runs about 13% above the median sale price $313K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 6 shown of 28 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 8.4ppRedfin (metro) -2.8% | FHFA HPI · Q2 2026 +5.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 24060 | $566K↑ | 123↑ | 38↑ | 32↑ | 82↑ | $417K↑ |
| 24073 | $355K↓ | 97↑ | 48↑ | 44↑ | 45↑ | $305K↑ |
| 24084 | $382K↑ | 30↑ | 6↓ | 16↓ | 45↑ | $253K↑ |
| 24091 | $375K↓ | 27↑ | 4↑ | 4↓ | 65↑ | $302K↑ |
| 24141 | $289K↑ | 60↑ | 18↑ | 22↑ | 45↓ | $275K↑ |
| 24301 | $207K↓ | 44↑ | 16↓ | 34↑ | 84↑ | $177K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.