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Downtown Blacksburg Homes for Sale

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    $1,054,850 New Construction

    • 4 Beds
    • 3.5 Baths
    • 3,508 Sq Ft

    402 Midtown Way, Blacksburg, VA 24060

    The Westmoreland is a 4-story luxury townhome with plenty of opportunity to personalize so that this new home floor plan fits your lifestyle. On the first floor, you will find your rear load 2-car garage, as well as a large rec room and half bath that can be converted to a bedroom or full bath if you prefer. Head up to the second floor where you will find a spacious family room that flows into

    Builder Photo

    Eagle Construction of VA

    Builder

    402 Midtown Way, Blacksburg, VA 24060
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    $1,108,237 New Construction

    • 4 Beds
    • 4.5 Baths
    • 3,533 Sq Ft

    404 Midtown Way, Blacksburg, VA 24060

    The townhome other homes dream of, the Malvern redefines spaciousness with a multi-level flow teeming with exquisite craftsmanship, authentic details, and flair for modern urban-style living. Offering the end unit benefits of additional windows and natural light, the Malvern distinctive curb appeal can be further enhanced with an optional front bay window. A 2-car garage welcomes you to the

    Builder Photo

    Eagle Construction of VA

    Builder

    404 Midtown Way, Blacksburg, VA 24060

Why Live in Downtown Blacksburg

Downtown Blacksburg, where Main Street intersects with the Virginia Tech campus, is a vibrant hub known for its friendly community and pedestrian-friendly streets. The area features a mix of local businesses, restaurants, and nightlife spots frequented by students and residents alike. Notable points of interest include the historic Lyric Theatre with its Art Deco architecture and the Moss Arts Center, which hosts a variety of performances. Dining options range from vegetarian fare at Gillie’s to Baja-style Mexican at Cabo Fish Taco. The Blacksburg Farmer’s Market operates from April through December, offering fresh local produce. For shopping, residents have access to stores selling clothing, sports gear, and groceries, with Eats Natural Foods and Kroger nearby. Housing in Downtown Blacksburg is primarily rental, with several apartment complexes and a new luxury townhouse community called Midtown. Single-family homes are rare and often owned by Virginia Tech or Greek Life organizations. The neighborhood is highly walkable and bike-friendly, with free bus services provided by Blacksburg Transit. Adjacent Wong Park offers outdoor amenities, while the nearby Blacksburg Municipal Park includes a skatepark and playground. Students attend highly rated schools within Montgomery County Public Schools, including Margaret Beeks Elementary, Blacksburg Middle, and Blacksburg High. The area has a low crime risk compared to the national average, making it a desirable place for both students and long-term residents.

Frequently Asked Questions

Is Downtown Blacksburg a good place to live?
Downtown Blacksburg is a good place to live. Downtown Blacksburg is considered very walkable and a biker's paradise with good transit options. Downtown Blacksburg has 1 park for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 26. The average household income is $61,339 which is below the national average. College graduates make up 83.1% of residents. A majority of residents in Downtown Blacksburg are renters, with 81% of residents renting and 19% of residents owning their home. A local real estate agent serving Downtown Blacksburg can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Blacksburg neighborhood guide.
How much do you need to make to afford a house in Downtown Blacksburg?
The median home price in Downtown Blacksburg is $784,523. If you put a 20% down payment of $156,900 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,990 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $171K a year to afford the median home price in Downtown Blacksburg. The average household income in Downtown Blacksburg is $61K.
What are the best public schools in Downtown Blacksburg?
The best public schools that serve Downtown Blacksburg are:
What are the best private schools in Downtown Blacksburg?
The best private schools that serve Downtown Blacksburg are:
What are the most popular zip codes in Downtown Blacksburg, Blacksburg, VA?
The most popular zip codes in Downtown Blacksburg, Blacksburg, VA include 24060, 24073, 24128, 24087 and 24141.
What are the most popular neighborhoods near Downtown Blacksburg, Blacksburg, VA?
The most popular neighborhoods near Downtown Blacksburg, Blacksburg, VA are Miller Southside, Mountain View, Apperson-Dickerson, Kabrich Crescent and McBryde.
Are home prices dropping in Downtown Blacksburg?
Yes, home prices in Downtown Blacksburg are down 14% in the last 12 months.

Home Trends in Downtown Blacksburg, VA

Housing Trends

Median Sale Price
$752,932
Median Single Family Sale Price
$1,054,850
Median Townhouse Sale Price
$1,023,303
Median 2 Bedroom Sale Price
$671,317
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$367
Number of Homes for Sale
2
Last 12 months Home Sales
12
Months of Supply
2.00
Median List Price
$784,523
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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