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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

$363,903

AVERAGE PRICE OF 532 HOMES

$119,925

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,598,727

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$502,280

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$395,888

AVERAGE PRICE OF 40 HOMES WITH A POOL

$266,848

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $363,903
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $204,916
2 bedrooms $221,567
3 bedrooms $307,692
4 bedrooms $425,576
5 bedrooms $640,341
Roanoke Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 560 561 553 555 555
Average Price $359,757 $368,727 $371,890 $365,969 $356,114
Avg Price Change -2.49% -0.86% +1.62% +2.77% -1.49%
Median Price $297,772 $297,586 $300,863 $301,013 $295,869
Med Price Change +0.06% -1.10% -0.05% +1.74% -0.35%
Avg Bedrooms 3.33 beds 3.34 beds 3.39 beds 3.4 beds 3.36 beds
Avg Bathrooms 2.03 baths 2.03 baths 2.07 baths 2.08 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 171 $381,864 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 532 $363,903 73 days
Distressed Homes 2 $119,925 100 days
Multi-Million Dollar Homes 15 $1,598,727 205 days
Newly Built Homes 71 $502,280 118 days
Homes with a Pool 40 $395,888 61 days
Reduced Price Homes 14 $266,848 49 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 December 14, 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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