Blacksburg, VA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Blacksburg, VA offers balanced conditions for buyers.

  • •Prices are essentially flat (2.0% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 13.5 — buying is likely more cost-effective than renting.

Median Home Value

$279,324

ZHVI

Year-over-Year

+2%

Price change

5-Year Change

+29.1%

Since 2021

Median Rent

$1,728/mo

ZORI

Active Listings

359

For sale

State Avg

$405,474

Virginia

Home Value Trends

5-year Zillow Home Value Index for Blacksburg, VA vs. state and national averages.

Rent Data

Median Rent

$1,728/mo

Rent YoY Change

+4.5%

Rent vs. Buy Calculator

Other Markets in Virginia

Charlottesville, VA$457,385Richmond, VA$383,940Winchester, VA$380,312Virginia Beach, VA$363,198Harrisonburg, VA$340,251Staunton, VA$320,761
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.