Market Overview
Home Prices in Blacksburg, VA
The median home value in Blacksburg, VA is $428,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blacksburg are priced5% above average. Blacksburg is part of the Blacksburg-Christiansburg, VA metro area.
Over the past five years, Blacksburg home values have risen by approximately20.0%, reflecting steady appreciation in this market.
Price History
Blacksburg Home Price Trend
City Comparison
Blacksburg vs. National Median
At $428,946, homes in Blacksburg cost 5% above the national median of $410,000. Buyers in Blacksburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Blacksburg?
20% Down Payment
$85,789
on $428,946
Monthly P&I
$2,237/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,841/mo
incl. taxes & insurance
Income Needed
$113,640
gross annual (30% rule)
10% Down Option
$42,895
+ PMI applies
Loan Amount (20% dn)
$343,157
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Blacksburg, VA?
The median home value in Blacksburg is $428,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Blacksburg?
Over the past year, home values in Blacksburg have increased by 2.8%. Over five years, prices have risen approximately 20.0%.
How much do I need to earn to buy a home in Blacksburg?
To comfortably afford the median home price of $428,946 with a 20% down payment ($85,789) at today's rates (6.8%), you'd need a gross annual income of approximately $113,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Blacksburg compare to the national average home price?
The national median home value is approximately $410,000. At $428,946, homes in Blacksburg are 5% above the national average.
What metro area is Blacksburg part of?
Blacksburg is part of the Blacksburg-Christiansburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.