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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Blacksburg metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Tom's Creek (Blacksburg, VA)

1113 Brook Cir, Blacksburg, VA 24060
- List price: $495,000
- Beds: 3 | Baths: 2.5 | Square feet: 1,961
- See 1113 Brook Cir, Blacksburg, VA 24060 on

1131 Brook Cir, Blacksburg, VA 24060
- List price: $640,000
- Beds: 5 | Baths: 3.5 | Square feet: 3,207
- See 1131 Brook Cir, Blacksburg, VA 24060 on

1217 Village Way S, Blacksburg, VA 24060
- List price: $769,000
- Beds: 5 | Baths: 4 | Square feet: 3,831
- See 1217 Village Way S, Blacksburg, VA 24060 on

1722 Trillium Ln, Blacksburg, VA 24060
- List price: $475,000
- Beds: 3 | Baths: 2.5 | Square feet: 2,086
- See 1722 Trillium Ln, Blacksburg, VA 24060 on

#2. Alleghany (Blacksburg, VA)

2542 Blossom Trl W, Blacksburg, VA 24060
- List price: $374,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,568
- See 2542 Blossom Trl W, Blacksburg, VA 24060 on

604 Gigi Dr, Blacksburg, VA 24060
- List price: $574,900
- Beds: 4 | Baths: 2.5 | Square feet: 2,740
- See 604 Gigi Dr, Blacksburg, VA 24060 on

#3. Hethwood (Blacksburg, VA)

2256 Scenic Ridge Cir, Blacksburg, VA 24060
- List price: $689,900
- Beds: 5 | Baths: 3.5 | Square feet: 3,287
- See 2256 Scenic Ridge Cir, Blacksburg, VA 24060 on

2309 Scenic Ridge Cir, Blacksburg, VA 24060
- List price: $709,500
- Beds: 5 | Baths: 3.5 | Square feet: 3,106
- See 2309 Scenic Ridge Cir, Blacksburg, VA 24060 on

6102 Albemarle Ln, Blacksburg, VA 24060
- List price: $675,000
- Beds: 4 | Baths: 3 | Square feet: 2,720
- See 6102 Albemarle Ln, Blacksburg, VA 24060 on

#4. Grissom (Blacksburg, VA)

1730 Donlee Dr, Blacksburg, VA 24060
- List price: $279,900
- Beds: 3 | Baths: 2 | Square feet: 1,400
- See 1730 Donlee Dr, Blacksburg, VA 24060 on

307 Charles St, Blacksburg, VA 24060
- List price: $269,000
- Beds: 3 | Baths: 2 | Square feet: 1,344
- See 307 Charles St, Blacksburg, VA 24060 on

422 Marlington St, Blacksburg, VA 24060
- List price: $251,900
- Beds: 2 | Baths: 1 | Square feet: 966
- See 422 Marlington St, Blacksburg, VA 24060 on

607 Landsdowne Dr, Blacksburg, VA 24060
- List price: $695,000
- Beds: 5 | Baths: 3 | Square feet: 3,480
- See 607 Landsdowne Dr, Blacksburg, VA 24060 on

#5. Mountain View (Blacksburg, VA)

1004 Kentwood Dr, Blacksburg, VA 24060
- List price: $449,900
- Beds: 4 | Baths: 3 | Square feet: 1,762
- See 1004 Kentwood Dr, Blacksburg, VA 24060 on

603 Kelly Ln, Blacksburg, VA 24060
- List price: $1,100,000
- Beds: 5 | Baths: 4 | Square feet: 3,366
- See 603 Kelly Ln, Blacksburg, VA 24060 on