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Blacksburg, VA
Full City Profile · Virginia · Montgomery County County
2.9
/5.0
C+
Fair
45,288
Population
2,287/sq mi density
$48,070
Median Income
$29,454 per capita
$417,200
Home Value
$412,402 Zillow
$1,290
Median Rent
44.6% income on rent
52°F
Avg Temperature
305 sunny days/yr
111
Violent Crime/100K
612 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$48,070 median income, 2.1% unemployment
D
Affordability
1.8 / 5.0
$417,200 home value, $1,290/mo rent
F
Safety
1.0 / 5.0
111 violent crimes/100K
A+
Education
5.0 / 5.0
69.7% bachelor's degree or higher
Housing Overview
Median Home Value
$417,200
48% above
US avg: $281,900
Median Rent
$1,290/mo
11% above
US avg: $1,163/mo
Homeownership Rate
34.2%
48% below US avg (65.4%)
Total Housing Units
16,260
Median year built: 1983
Home Value by Source
Census Median
$417,200
Zillow (ZHVI)
$412,402
Median Sale Price
$356,000
Median List Price
$429,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
34.2%
Owner-Occupied
65.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,290/mo
· Zillow rent:
$1,987/mo
Market Indicators (Redfin)
Median Days on Market
48 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
11.8%
of listings with price reduction
Price Per Sq Ft
$226
Active Inventory
51
homes for sale
Affordability & Housing Stock
Rent Burden
44.6%
of renters spending 30%+ of income on housing
44% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
34.2%
Complete Housing Data
Home Values
| Census Median Value | $417,200 |
| Zillow Home Value (ZHVI) | $412,402 |
| Median Sale Price | $356,000 |
| Median List Price | $429,900 |
| Price Per Sq Ft | $226 |
Rent
| Census Median Rent | $1,290 |
| Zillow Rent (ZORI) | $1,987 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 48 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.8% |
| Homes Sold | 11 |
| Active Inventory | 51 |
| Price Per Sq Ft | $226 |
Ownership & Stock
| Owner-Occupied | 34.2% |
| Renter-Occupied | 65.8% |
| Homeownership Rate | 34.2% |
| Total Housing Units | 16,260 |
| Median Year Built | 1983 |
| Rent Burden | 44.6% |