40Alpha

Blacksburg, VA metro area Housing Market Brief

metro · as of May 2026

Buyer's

What is Blacksburg, VA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.339
Inventory Health25%
-18.839
Affordability20%
31
Economic Strength20%
No data
50
Rental Yield15%
39

Where is Blacksburg, VA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Blacksburg, VA metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Blacksburg, VA metro area housing market data

MetricValueYoY
Median Sale Price$325K-7.1%
Median Days on Market17 days▲ +41.7%
Months of Supply2.3▲ +4.6%
Homes for Sale380▲ +7%
Homes Sold1620%
Median Price / Sq Ft$190-2.8%
Sale-to-List Ratio98.6%-1.3%

How has Blacksburg, VA metro area’s Alpha Score moved?

Now: 40
4-period trend
Median sale price · 12 mo

Markets like Blacksburg, VA metro area

Frequently asked questions

Is Blacksburg, VA metro area a buyer's or seller's market?

As of May 2026, Blacksburg, VA metro area is classified as a Buyer's Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Blacksburg, VA metro area?

The median sale price in Blacksburg, VA metro area is $325K, having fallen 7.1% over the past year.

How affordable is Blacksburg, VA metro area?

Blacksburg, VA metro area scores 31 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Blacksburg, VA metro area's Alpha Score?

Blacksburg, VA metro area's strongest dimension is Economic Strength (50/100) and its weakest is Affordability (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Blacksburg, VA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.