Blacksburg-Christiansburg Metro Area, VA Housing

The housing market in the Blacksburg-Christiansburg-Radford, VA Metro Area is strong and performing much better than the national average. The median value of homes in this metropolitan area is $240,700, which is significantly lower than the national median of $338,100. In addition to a more competitive price tag, the area has seen a 14.19% appreciation in home values over the past year compared to 8.27% nationally. This indicates that homes in this area are enjoying higher growth rates than many other parts of the country and suggests that buying or investing here may offer individuals a greater return on investment.

The median home cost in Blacksburg-Christiansburg Metro Area is $240,700. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Blacksburg-Christiansburg Metro Area is up 16.7%.

Average Age of Homes

- The median age of Blacksburg-Christiansburg Metro Area real estate is 38 years old

The Rental Market in Blacksburg-Christiansburg Metro Area

- Renters make up 32.9% of the Blacksburg-Christiansburg Metro Area population
- 2.0% of houses and apartments in Blacksburg-Christiansburg Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Blacksburg-Christiansburg, Virginia	United States
	72,873.0	139,647,020.0
	41	42
	$240,700	$338,100
	16.7%	16.6%
	50.5%	57.0%
	62.6%	101.1%
	$7.44	$10.98
	$1,399	$2,690
	51.4%	57.4%
	14.3%	11.2%
	34.3%	31.4%
Vacant Housing
	2.0%	1.9%
	2.5%	0.4%
	0.6%	0.7%
	0.6%	0.4%
	2.4%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.6%	2.4%
	2.5%	2.8%
	5.4%	3.9%
	4.9%	4.5%
	17.4%	11.3%
	16.0%	13.0%
	23.5%	20.1%
	12.1%	13.6%
	6.6%	8.3%
	4.7%	9.7%
	0.7%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	15.3%	13.6%
	14.1%	13.2%
	18.2%	14.8%
	15.3%	13.6%
	7.7%	10.0%
	7.1%	4.7%
	7.9%	12.2%

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