Blacksburg, VA Real Estate
According to census data in the year 2000 there were 13,635 housing units in Blacksburg.
This represents a 15% growth from 11,857 in 1990.
Of those housing units, 13,222 were located in either urbanized areas or urban clusters, and 413 were located in what is classified as a rural area.
Homeownership rate in Blacksburg is about 30%.
Blacksburg's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Blacksburg were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 14.40% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 28.10% |
| Four Bedrooms | 21% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $144,000 |
| Median Price asked for vacant units | $145,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 57% |
| Debt Free | 32% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
