How much house does $500,000 buy you in Blacksburg?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Blacksburg?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Blacksburg right now. Listings below $500,000 were included if necessary.
10 Hidden Valley Ln, Radford, VA 24141
- Price: $430,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,807
- See 10 Hidden Valley Ln, Radford, VA 24141 on Redfin.com
1441 Walnut Ridge Rd, Christiansburg, VA 24073
- Price: $444,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,207
- See 1441 Walnut Ridge Rd, Christiansburg, VA 24073 on Redfin.com
2240 Yellow Sulphur Rd, Christiansburg, VA 24073
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,540
- See 2240 Yellow Sulphur Rd, Christiansburg, VA 24073 on Redfin.com
222 Mountain Breeze Dr, Blacksburg, VA 24060
- Price: $450,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,397
- See 222 Mountain Breeze Dr, Blacksburg, VA 24060 on Redfin.com
1004 Kentwood Dr, Blacksburg, VA 24060
- Price: $449,900
- 4 bedrooms, 3 bathrooms
- Square feet: 1,762
- See 1004 Kentwood Dr, Blacksburg, VA 24060 on Redfin.com
300 Chestnut St, Pearisburg, VA 24134
- Price: $435,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,110
- See 300 Chestnut St, Pearisburg, VA 24134 on Redfin.com
1217 Memorial Dr, Pulaski, VA 24301
- Price: $445,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,980
- See 1217 Memorial Dr, Pulaski, VA 24301 on Redfin.com
265 Hamilton Ave Nw, Christiansburg, VA 24073
- Price: $449,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,593
- See 265 Hamilton Ave Nw, Christiansburg, VA 24073 on Redfin.com
1510 Kensington Way, Christiansburg, VA 24073
- Price: $434,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,228
- See 1510 Kensington Way, Christiansburg, VA 24073 on Redfin.com
1741 Saddleridge Dr, Riner, VA 24149
- Price: $464,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,228
- See 1741 Saddleridge Dr, Riner, VA 24149 on Redfin.com
1731 Saddleridge Dr, Riner, VA 24149
- Price: $460,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,164
- See 1731 Saddleridge Dr, Riner, VA 24149 on Redfin.com
1734 Saddleridge Dr, Riner, VA 24149
- Price: $460,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,164
- See 1734 Saddleridge Dr, Riner, VA 24149 on Redfin.com
1431 Walnut Ridge Rd, Christiansburg, VA 24073
- Price: $454,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,160
- See 1431 Walnut Ridge Rd, Christiansburg, VA 24073 on Redfin.com
1740 Saddleridge Dr, Riner, VA 24149
- Price: $460,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,134
- See 1740 Saddleridge Dr, Riner, VA 24149 on Redfin.com
1520 Kensington Way, Christiansburg, VA 24073
- Price: $434,950
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,131
- See 1520 Kensington Way, Christiansburg, VA 24073 on Redfin.com
1481 Walnut Ridge Rd, Christiansburg, VA 24073
- Price: $444,800
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,024
- See 1481 Walnut Ridge Rd, Christiansburg, VA 24073 on Redfin.com
806 Horse Shoe Ln, Blacksburg, VA 24060
- Price: $439,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,830
- See 806 Horse Shoe Ln, Blacksburg, VA 24060 on Redfin.com
2040 Laurel Ridge Mill Rd, Riner, VA 24149
- Price: $449,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,468
- See 2040 Laurel Ridge Mill Rd, Riner, VA 24149 on Redfin.com
330 Sheliah Ct, Blacksburg, VA 24060
- Price: $475,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,512
- See 330 Sheliah Ct, Blacksburg, VA 24060 on Redfin.com
1430 Harding Rd, Blacksburg, VA 24060
- Price: $474,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,335
- See 1430 Harding Rd, Blacksburg, VA 24060 on Redfin.com
6266 Piney Woods Rd, Riner, VA 24149
- Price: $484,950
- 3 bedrooms, 3 bathrooms
- Square feet: 3,196
- See 6266 Piney Woods Rd, Riner, VA 24149 on Redfin.com
183 Skyview Ln, Newport, VA 24128
- Price: $439,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,880
- See 183 Skyview Ln, Newport, VA 24128 on Redfin.com
906 Vista Ter, Blacksburg, VA 24060
- Price: $443,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,480
- See 906 Vista Ter, Blacksburg, VA 24060 on Redfin.com
1204 Westover Dr, Blacksburg, VA 24060
- Price: $454,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,234
- See 1204 Westover Dr, Blacksburg, VA 24060 on Redfin.com
5236 Country Meadow Dr, Dublin, VA 24084
- Price: $464,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,140
- See 5236 Country Meadow Dr, Dublin, VA 24084 on Redfin.com
1722 Trillium Ln, Blacksburg, VA 24060
- Price: $485,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,086
- See 1722 Trillium Ln, Blacksburg, VA 24060 on Redfin.com
1607 Winslow Dr, Blacksburg, VA 24060
- Price: $475,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,985
- See 1607 Winslow Dr, Blacksburg, VA 24060 on Redfin.com
4661 Clarks Ferry Rd, Draper, VA 24324
- Price: $450,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,613
- See 4661 Clarks Ferry Rd, Draper, VA 24324 on Redfin.com
1955 Kyles Way, Blacksburg, VA 24060
- Price: $492,635
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,459
- See 1955 Kyles Way, Blacksburg, VA 24060 on Redfin.com
7150 Whipporwill Way, Dublin, VA 24084
- Price: $435,000
- 2 bedrooms, 1 bathroom
- Square feet: 992
- See 7150 Whipporwill Way, Dublin, VA 24084 on Redfin.com
