Blue Ridge, VA

Full City Profile · Virginia · Roanoke city County

4.1 /5.0
A Great
3,112 Population 511/sq mi density
$83,113 Median Income $36,323 per capita
$247,900 Home Value $315,043 Zillow
58°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.5 / 5.0
$83,113 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$247,900 home value, /mo rent
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Housing Overview

Median Home Value
$247,900
12% below
US avg: $281,900
Homeownership Rate
95.7%
46% above US avg (65.4%)
Total Housing Units
1,254
Median year built: 1977

Home Value by Source

Census Median
$247,900
Zillow (ZHVI)
$315,043
Redfin Median Sale
$385,000
Median Sale Price
$385,000
Median List Price
$349,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.7%
Owner-Occupied
4.3%
Renter-Occupied
96%
4%
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

Market Indicators (Redfin)

Median Sale Price
$385,000
Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
49.3%
of renters spending 30%+ of income on housing
59% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
95.7%

Complete Housing Data

Home Values

Census Median Value$247,900
Zillow Home Value (ZHVI)$315,043
Redfin Median Sale$385,000
Median Sale Price$385,000
Median List Price$349,950
Price Per Sq Ft$170

Rent

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 Market67
Sale-to-List Ratio1.0%
Price Drops28.6%
Homes Sold3
Active Inventory7
Price Per Sq Ft$170

Ownership & Stock

Owner-Occupied95.7%
Renter-Occupied4.3%
Homeownership Rate95.7%
Total Housing Units1,254
Median Year Built1977
Rent Burden49.3%