Is Blacksburg, VA 24060 a buyer’s or seller’s market?
Blacksburg is a seller’s market. With about 2.7 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 51% of U.S. ZIP codes, and #252 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Blacksburg housing market right now
In the three months ending August 31, 2026, 18% of homes in Blacksburg, VA 24060 sold above their list price, the typical home went under contract in 26 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 131 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (23 days then) and the median sale price rose 5% to $479,792. Overall, Blacksburg is less competitive than a year ago, which gives buyers more room.
Within Montgomery County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Blacksburg ranks #252 of 358 VA ZIP codes with enough sales (score 50 out of 100).
Nearby, Riner 24149 (54% sold over asking) and Shawsville 24162 (50% sold over asking) are even more competitive.
Run the numbers for 24060
Nearby markets
Christiansburg 24073Seller’s market $190 /sq ftElliston 24087Seller’s market $172 /sq ftPilot 24138Balanced $130 /sq ftRiner 24149Seller’s market $226 /sq ft Browse all markets →Towns like Blacksburg nearby
Find towns like Blacksburg in other states →Where Blacksburg is
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Questions about Blacksburg real estate
Is Blacksburg a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Blacksburg, VA 24060 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Blacksburg?
The typical home went under contract in 26 days in the latest three months.
Do homes in Blacksburg sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Blacksburg?
About 0.74% of a home’s value a year in Montgomery County, or roughly $2,960 on a $400,000 home.
What is the median home price in Blacksburg?
The median sale price was $479,792 in the three months ending August 31, 2026, about $237 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology