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Roanoke

Why you'd want to live in Roanoke

Home to nearly 100,000 residents, Roanoke is a mountain city and hub for innovation offering award-winning outdoor amenities, endless trails, friendly neighborhoods with character, public art, the famous Roanoke Star, museums, craft breweries, one-of-a-kind shops and restaurants, and historical attractions. Ranked as one of IMBA’s top mountain biking destinations in the world, Roanoke visitors and residents can quickly access the Appalachian Trail and plenty of other famous outdoor attractions. Roanoke, Virginia is also among one of the few metropolitan areas that sits beside the Blue Ridge Parkway - one of the most popular attractions in the National Parks System. The City of Roanoke maintains 70 parks that span 14,000+ acres and offer 100 miles of award-winning natural surface and paved trail systems for commuting, road cycling, mountain biking, hiking, and horseback riding. via roanokeva.gov

Roanoke Market Report

$367,940

AVERAGE PRICE OF 570 HOMES

$152,975

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,597,347

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$526,834

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$369,117

AVERAGE PRICE OF 45 HOMES WITH A POOL

$318,292

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $367,940
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $151,212
2 bedrooms $208,337
3 bedrooms $310,948
4 bedrooms $432,951
5 bedrooms $647,658
Roanoke Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 553 555 555 579 555
Average Price $371,890 $365,969 $356,114 $361,419 $364,941
Avg Price Change +1.62% +2.77% -1.49% -0.97% +3.17%
Median Price $300,863 $301,013 $295,869 $296,897 $296,891
Med Price Change -0.05% +1.74% -0.35% +0.00% +2.56%
Avg Bedrooms 3.39 beds 3.4 beds 3.36 beds 3.36 beds 3.39 beds
Avg Bathrooms 2.07 baths 2.08 baths 2.08 baths 2.09 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 174 $384,647 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 570 $367,940 64 days
Distressed Homes 2 $152,975 67 days
Multi-Million Dollar Homes 17 $1,597,347 143 days
Newly Built Homes 56 $526,834 121 days
Homes with a Pool 45 $369,117 57 days
Reduced Price Homes 34 $318,292 63 days
Greenway Group Realtors
Brad Greenway
1211 Hardy Rd, Ste 2
Vinton, VA 24179
540-632-1423
Licensed in Virginia
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Jason Helmintoller
501 E Dolly Ann Drive, Suite B
Covington, VA 24426
540-691-6351
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Lloyd Blankenship
540-312-3759

Last updated; multiple times October 13, 2024. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2024 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
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