Blacksburg, VA home prices
Typical home $286,934 · +3.3% in a year · income needed $79,900
The Blacksburg, VA metro area ranks 350 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.3% in a year and +21.0% over five years. With 20% down at 7.11%, the typical home costs about $1,864 a month including 0.74% property tax (Montgomery County rate).
Mortgage on the typical Blacksburg home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $57,387 | $229,547 | $1,544 | $0 | $320 | $1,864 | $79,900 |
| 10% down | $28,693 | $258,240 | $1,737 | $108 | $320 | $2,165 | $92,800 |
| 5% down | $14,347 | $272,587 | $1,834 | $114 | $320 | $2,267 | $97,200 |
| 3.5% down (FHA) | $10,043 | $281,736 | $1,895 | $127 | $320 | $2,342 | $100,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Blacksburg area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Montgomery County, VA | $338,166 | +2.1% | 0.74% |
| Pulaski County, VA | $226,254 | +4.9% | 0.63% |
| Giles County, VA | $206,518 | +8.6% | 0.61% |
| Radford City, VA | $265,800 | +3.5% | 0.72% |
What can you afford in Virginia on your salary? · Virginia home prices · Salaries in Virginia
Frequently asked questions
How much is a house in Blacksburg?
The typical home in the Blacksburg, VA metro area is worth $286,934 (Zillow, September 2026).
What salary do you need to buy a house in Blacksburg?
About $79,900 a year for the typical home with 20% down at 7.11%.