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Sarah Mitchell

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Compass Real Estate · Blue Ridge, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Blue Ridge, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Blue Ridge, VA Housing Market

Strong seller's market+3.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Blue Ridge, VA is worth $315,043, rose 3.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $330,500, -28.5% year over year (through May 2026). With 2.3 months of supply and homes going under contract in about 25 days, Blue Ridge is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $315,043 home is about $1,682/mo in principal and interest.

Key numbers for Blue Ridge, VA

Typical home value

$315,043

+3.9% in 12 months

Zillow, August 2026

Median sale price

$330,500

-28.5% year over year

Redfin, through May 2026

Days on market

25

Average pace

Redfin, through May 2026

Active listings

7

2.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$83,113

Home costs 3.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

103.5%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Blue Ridge a buyer's or seller's market?

Strong seller's market2.3 months of supply25 days on market103.5% of asking

Blue Ridge, VA is a strong seller's market, based on 2.3 months of supply and homes selling in about 25 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Blue Ridge housing market data show?

Every row below is Redfin's final published month for Blue Ridge, VA. Redfin, through May 2026

Housing market statistics for Blue Ridge, VA, Redfin through May 2026
MetricValue
Median sale price$330,500
Median list price$449,950
Year-over-year price change-28.5%
Median price per sq ft$155/sq ft
Median days on market25 days
Active inventory7 listings
Months of supply2.3 months
Sale-to-list price ratio103.5%
Homes sold (that month)3
New listings (that month)3
Listings with a price cut28.6%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blue Ridge is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Blue Ridge is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Blue Ridge home prices moved?

Over the last three years the median sale price in Blue Ridge, VA fell 51.3%, from $678,000 to $330,500. The live Zillow value series has rose 3.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.6% of Blue Ridge listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.3 months while the sale-to-list ratio slips below its current 103.5%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Blue Ridge?

Priced off the typical home value of $315,043 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Blue Ridge, VA
Down paymentCash at closeLoan amountMonthly P&I
20%$63,009$252,034$1,682/mo
5%$15,752$299,291$1,997/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,682, that implies roughly $72,080 a year before you add taxes and insurance. The median household in Blue Ridge earns $83,113, about $11,033 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Blue Ridge in the next 12 months?

Tell us your timeline. We send the Blue Ridge market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Blue Ridge?

Zillow does not publish a rent index (ZORI) for Blue Ridge, VA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Blue Ridge?

Active listings in Blue Ridge, VA went from 4 in May 2025 to 7 in May 2026, a +75.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Blue Ridge, VA
MonthActive listingsNew listings
June 202575
July 202596
August 202587
September 202574
October 2025116
November 2025135
December 2025101
January 2026102
February 202684
March 202695
April 2026103
May 202673

Redfin, through May 2026

How does Blue Ridge compare to Virginia and the U.S.?

Blue Ridge homes sell for $330,500 — 34% below the Virginia median of $499,300. Against the national median of $410,700, Blue Ridge runs 20% lower. Year-over-year, Blue Ridge moved -28.5% against Virginia's +3.9% — a bigger swing than the state as a whole.

Blue Ridge, VA compared with Virginia and the United States
MarketMedian sale priceYoYDays on market
Blue Ridge, VA$330,500-28.5%25 days
Virginia statewide$499,300+3.9%28 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Blue Ridge

What buyers should watch

  • Months of supply, currently 2.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 28.6%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $315 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $315,043 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Blue Ridge listing goes under contract in 25 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 103.5% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Blue Ridge added 3 new listings against 3 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +3.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Blue Ridge varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Blue Ridge

There are currently 7 homes listed for sale in Blue Ridge, Virginia. The median listing price is $450K. Featured listings range from $70,000 to $499,950.

land for sale at Macgregor Dr Lot 59 Blue Ridge - $70,000
$70,000

Macgregor Dr Lot 59

Blue Ridge, VA

Land16,553 sqft lot
View photos & details
2 bedroom mobile home for sale at 1572 Ivy Branch Dr Blue Ridge - $124,500
$124,500

1572 Ivy Branch Dr

Blue Ridge, VA

2 bd2 ba924 sqft$135/ft²
Mobile home2.12 acres
View photos & details
land for sale at Mountain View Church Rd Blue Ridge - $160,000
$160,000

Mountain View Church Rd

Blue Ridge, VA

Land31.83 acres
View photos & details
3 bedroom house for sale at 50 Morning Dove Ln Blue Ridge - $190,000
$190,000

50 Morning Dove Ln

Blue Ridge, VA

3 bd1 ba960 sqft$198/ft²
House1.94 acres
View photos & details
3 bedroom mobile home for sale at 104 Bentwood Dr Blue Ridge - $229,000
$229,000

104 Bentwood Dr

Blue Ridge, VA

3 bd2 ba1,344 sqft$170/ft²
Mobile home1.80 acres
View photos & details
3 bedroom mobile home for sale at 1155 Stonewall Rd Blue Ridge - $234,900
$234,900

1155 Stonewall Rd

Blue Ridge, VA

3 bd2 ba1,414 sqft$166/ft²
Mobile home5.34 acres
View photos & details
3 bedroom house for sale at 378 Archway Rd Blue Ridge - $299,000
$299,000

378 Archway Rd

Blue Ridge, VA

3 bd2 ba1,328 sqft$225/ft²
House1.36 acres
View photos & details
3 bedroom house for sale at 222 Maple Dr Blue Ridge - $324,950
$324,950

222 Maple Dr

Blue Ridge, VA

3 bd2 ba1,950 sqft$167/ft²
House24,394 sqft lot
View photos & details
3 bedroom house for sale at 1436 Mountain Pass Rd Blue Ridge - $369,950
$369,950

1436 Mountain Pass Rd

Blue Ridge, VA

3 bd2 ba1,905 sqft$194/ft²
House31,363 sqft lot
View photos & details
3 bedroom house for sale at 329 Scalybark Dr Blue Ridge - $379,950
$379,950

329 Scalybark Dr

Blue Ridge, VA

3 bd3 ba2,688 sqft$141/ft²
House29,185 sqft lot
View photos & details
3 bedroom house for sale at 1039 Fosters Knob Rd Blue Ridge - $399,500
$399,500

1039 Fosters Knob Rd

Blue Ridge, VA

3 bd3 ba1,944 sqft$206/ft²
House24,394 sqft lot
View photos & details
4 bedroom house for sale at 2540 Blue Ridge Springs Rd Blue Ridge - $499,950
$499,950

2540 Blue Ridge Springs Rd

Blue Ridge, VA

4 bd4 ba2,634 sqft$190/ft²
House1.65 acres
View photos & details

Looking to buy in Blue Ridge?

Get connected with a local real estate expert — free, no obligation.

Active listings

7

Homes on market

Median list price

$450K

Avg. days on market

25

Days until sale

New this week

3

Newly listed

Price drops:28.6%of listings
Sale-to-list:103.5%

How much do homes cost in Blue Ridge by property type?

How the Blue Ridge, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Blue Ridge, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$330,500$155/sq ft325 days

Who lives in Blue Ridge?

American Community Survey estimates for Blue Ridge. U.S. Census ACS, 2023

Population

3,112

Households

1,179

Median income

$83,113/yr

Median age

43.9 years

Owner-occupied

95.7%

Median home value

$247,900

Mean commute

23.2 min

95.7% of occupied homes in Blue Ridge are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $247,900 against Zillow's $315,043 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Blue Ridge, VA?

Ordered by distance from Blue Ridge, not by size. Compare Blue Ridge side by side with any of them.

Blue Ridge housing market FAQ

Is Blue Ridge a buyer's or seller's market?

Blue Ridge, VA is currently a strong seller's market. That read comes from 2.3 months of supply, homes going under contract in about 25 days, and sellers getting 103.5% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Blue Ridge?

The typical home in Blue Ridge, VA is worth $315,043 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $330,500, about $155 per square foot.

Is Blue Ridge cheaper than the rest of Virginia?

Blue Ridge's median sale price of $330,500 is 34% lower than the Virginia statewide median of $499,300, and 20% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Blue Ridge?

Homes in Blue Ridge, VA spent a median of 25 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Blue Ridge?

At the current 30-year fixed rate of 7.03%, 20% down on a $315,043 home is about $1,682 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,080 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $83,113.

Are home prices rising in Blue Ridge?

The typical home value in Blue Ridge, VA rose 3.9% over the last 12 months, from $303,281 to $315,043 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Blue Ridge?

Blue Ridge ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Blue Ridge?

That depends on your timeline, not on a headline. What the data says today: Blue Ridge, VA is a strong seller's market with 2.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.