$3,858 Closing Credit*
$324,900
1,948 SqFt
3 Beds
•2 Full Baths
Listing Office: QUALITY REALTY
Is Blackwater, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Blackwater was a Seller's Market.
Key Takeaway
Blackwater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blackwater, VA
How much do homes in Blackwater, VA cost?
Median Sold Price
$330,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+7.8%)
Key Takeaway
Homes in Blackwater have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Blackwater was $330,000 in October 2024, up 7.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $247.4K | -17.5% |
| 2 Bedrooms | $135K | $154.9K | +14.8% |
| 3 Bedrooms | $299.9K | $295K | -1.6% |
| 4 Bedrooms | $425K | $441K | +3.8% |
| 5+ Bedrooms | $492.5K | $487.6K | -1.0% |
Summary: Blackwater housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes increased by 14.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| Rocky Mount | $230K | $269.9K | +17.4% |
| Blackwater | $306K | $330K | +7.8% |
| Blue Ridge | $312.5K | $329.4K | +5.4% |
Housing Supply in Blackwater, VA
How many homes are available in Blackwater, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Blackwater real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Blackwater housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blackwater, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Blackwater in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Blackwater, VA
We’re sorry, we don't have information for this market at the moment
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.