Blacksburg, VA Real Estate

According to census data in the year 2000 there were 13,635 housing units in Blacksburg. This represents a 15% growth from 11,857 in 1990.

Of those housing units, 13,222 were located in either urbanized areas or urban clusters, and 413 were located in what is classified as a rural area.

Homeownership rate in Blacksburg is about 30%. Blacksburg's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Blacksburg were built after 1977.


Housing Size

Housing Units by Size
Studio Type3.60%
One Bedroom14.40%
Two Bedrooms30.40%
Three Bedrooms28.10%
Four Bedrooms21%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1975
Median Value of occupied units$144,000
Median Price asked for vacant units$145,300

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1977
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.60%
Home Equity Loan5.90%
Simple Mortgage57%
Debt Free32%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%