Comprehensive market data and analysis• Updated Oct 2026
10.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 7 | 11 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 2 | 4 | 7 |
| 5-10 acres | 2 | 4 | 4 | 4 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 2 | 3 | 4 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 13 | 19 | 28 |
Acreage buckets
The median price for land in Blacksburg, Virginia is currently $95K per acre. For a typical parcel, the median sale price is $141K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $80K while premium lots reached $606K.
Blacksburg, Virginia is currently a buyer's market with 10.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Blacksburg, Virginia currently has 10.2 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The median land price in Blacksburg, Virginia stands at $141K. This translates to roughly $95K per acre for the typical parcel size. The average price is $484K, indicating some higher-priced properties pulling up the average.
Land in Blacksburg, Virginia typically sells within 84 days of listing. The median time on market is 34 days. Properties are moving at a moderate pace in the current buyer's market.
The current absorption rate in Blacksburg, Virginia is 9.8% (3-month basis), indicating moderate demand. The top-performing broker in this market is Coldwell Banker Townside Bburg.
There are currently 44 active listings in Blacksburg, Virginia. 22 new listings have hit the market in the last 90 days. The median asking price is $398K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Blacksburg on LandyDandy.
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