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…
Climbing Prices and Mortgage Rates Dampen Virginia’s Spring Housing Market
By Robin Spensieri - April 25, 2024
According to the March 2024 Virginia Home Sales Report released by Virginia REALTORS®, sales activity in Virginia’s housing market slowed down last month. Statewide, there were 8,075 homes sold… Read More
5 Key Takeaways from the NAHREP 2023 State of Hispanic Homeownership Report
By Sejal Naik - April 17, 2024
In March 2024, the National Association of Hispanic Real Estate Professionals (NAHREP) released its 2023 State of Hispanic Homeownership Report. Using data from surveys conducted by various public… Read More
3 Multifamily Market Trends from the First Quarter
By Dominique Fair - April 16, 2024
For the last three years, the multifamily market has seen high demand, double digit rent growth, and increased construction to meet demand. These trends are expected to shift… Read More