Why Live in Blue Ridge
Blue Ridge is a small town in Virginia that shares a name with one of the state’s most famous geographic features. “People often confuse the Blue Ridge Mountain region with the town of Blue Ridge,” says Realtor Rose Dudley of Lichtenstein Rowan Realtors, who has 25 years of experience in the area. “The town is this tiny area between Roanoke and Bedford, and it’s split between two counties. There are many large tracts of land that have been in local families for years. Several farms close by have only just started selling. When you’re there, it’s like you’re swallowed up by mountains. You feel like you’re very rural, but you can be right in the heart of the city within 20 minutes.” Homes in Blue Ridge vary widely. Ranch-style homes, Colonial Revivals, midcentury modern cabins and Modern Traditional builds all populate the wooded hills around the main drag, sitting on lots that can range in size from a half-acre to almost 3. “A lot of it is larger, wooded lots,” Dudley says. “There’s starting to be some new development. It used to be absolutely nothing, but within the last 5 years, some homes in newer subdivisions have started selling.” Homes can cost anywhere from around $200,000
Home Trends in Blue Ridge, VA
On average, homes in Blue Ridge, VA sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in Blue Ridge, VA over the last 12 months is $339,950, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$339,950
Median Single Family Sale Price
$330,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
12
Last 12 months Home Sales
66
Median List Price
$350,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%