Housing in Blacksburg, VA is generally considered to be of higher value than the average US house. The median value for a house in Blacksburg is $362,100, while the US median value is $338,100. In addition, the one year appreciation rate for houses in Blacksburg is 11.69%, which is higher than the national appreciation rate of 8.27%. This indicates that housing in Blacksburg is a valuable investment and prices are likely to continue rising over time.
The median home cost in Blacksburg is $362,100. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Blacksburg is up 17.1%.
Average Age of Homes
- The median age of Blacksburg real estate is 33 years old
The Rental Market in Blacksburg
- Renters make up 64.0% of the Blacksburg population
- 3.4% of houses and apartments in Blacksburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.