There’s Snow Place Like Home: Virginia’s Snowiest Housing Markets
December 20, 2021
Are you dreaming of a snowy winter? If so, you’ll want to check out these communities in Virginia that have been named the Commonwealth’s “snowiest cities.” We took a look at how the housing markets are faring in these winter wonderlands.
Bluefield
The town of Bluefield, Virginia, located in Tazewell County, is the state’s best place for snow, with an average of 37.8 inches of the white stuff each year. In 2021, there were 25 home sales in Bluefield. The average home price in the town was about $158,000, up 27% from a year ago. Inventory is tight; at the end of November there were just seven homes listed for sale in Bluefield.
Blacksburg
Blacksburg comes in at number two on the list of snowiest cities in Virginia. Located in Montgomery County, Blacksburg is home to Virginia Tech, historic Smithfield Plantation, and an average of 24.1 inches of snow annually. The typical home in Blacksburg sells for about $320,000, but about 15% of all sales in November sold for more than $500,000. In 2021, homes sold for more than list price, on average.
Strasburg
Rounding out the top three snowiest cities is Strasburg, the largest town in Shenandoah County. Like Blacksburg, Strasburg gets an average of 24.1 inches of snow each year. The average price of homes sold in Strasburg is about $294,000, up 22% from a year ago. There is less than a month’s supply of inventory in the town of Strasburg at the end of November.
Interested to know which city in Virginia gets the least amount of snow? The City of Emporia, a commercial hub in Southside Virginia, only records an average of 3.2 inches of snow annually.
For more info on Virginia’s housing market—no matter what the weather—check out Virginia REALTORS® latest home sales report.
Click here to send any comments or questions about this piece to Virginia REALTORS® Chief Economist Lisa Sturtevant, PhD.
You might also like…
5 Myths About FHA Loans (Debunked!)
By Dominique Fair - June 5, 2023
With elevated interest rates and climbing home prices, many potential buyers are looking for alternative ways to buy a home without breaking the bank. FHA loans have more… Read More
Virginia Sees Slowest April Housing Market in More than a Decade
By Robin Spensieri - May 23, 2023
But tight inventory conditions keep the market competitive and home prices high According to the April 2023 Virginia Home Sales Report released by Virginia REALTORS®, there were 8,252 homes… Read More
The State of Commercial Real Estate in the Current Economy
By Sejal Naik - May 17, 2023
Commercial real estate is the oft-forgotten half of the U.S. real estate market. This sector, which amounts to about $20 trillion, has been under continuous spotlight following the… Read More