Blacksburg-Christiansburg-Radford, VA housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$286,934+3.3% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$62,201About 0.9× the local median income ($66,769): affordable for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Blacksburg-Christiansburg-Radford, VA is worth $286,934, up 3.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $277,316, so the area is 3.5% overvalued. It is a buyer's market: homes take about 65 days to sell, listings are up 33% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $62,201 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,769. Typical rent is $1,659 a month, or $1,798 for a house. In the latest IRS figures, 63 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$286,934
Change in 1 year
+3.3%
Overvalued %
+3.5%
Show 7 more
Fair home value
$277,316
Change in 5 years
+21.0%
Zillow forecast, next 12 months
+2.5%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,555
Income needed to afford it
$62,201
Property tax rate
0.65%
Rent and investing
Typical rent
$1,659
Typical rent for houses
$1,798
Price-to-rent ratio
14.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,215
Gross rental yield
6.94%
Cap rate (estimate)
4.51%
Market activity
Listings vs a year ago
+32.7%
Days on market
65
Listings with a price cut
24.5%
Show 3 more
Homes for sale
527
Pending sales per 100 listings
32
Asking price per sq ft
$190
People and jobs
Median household income
$66,769
Population change (1 year)
+0.1%
Unemployment rate
3.5%
Show 4 more
Population
181,616
Income adjusted for cost of living
$72,027
Net moves in (IRS)
+63
Cost of living (US = 100)
92.7
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
36.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
53.1
Wildfire risk score
30.6
Walkability (1 to 20)
8.3
Road, rail and air noise
54 dB
Questions people ask
Is Blacksburg-Christiansburg-Radford, VA overvalued?
Home prices in Blacksburg-Christiansburg-Radford, VA are slightly above what local incomes have historically supported: fair value is about $277,316, so the area is 3.5% overvalued.
Is Blacksburg-Christiansburg-Radford, VA a buyer's or seller's market?
Blacksburg-Christiansburg-Radford, VA is a buyer's market: homes take about 65 days to sell, listings are up 33% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Blacksburg-Christiansburg-Radford, VA?
Home values in Blacksburg-Christiansburg-Radford, VA are up 3.3% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Blacksburg-Christiansburg-Radford, VA?
A household needs about $62,201 a year to afford the typical home in Blacksburg-Christiansburg-Radford, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,769.