Roanoke Market Report
$375,539
AVERAGE PRICE OF 540 HOMES$147,316
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,678,056
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$506,950
AVERAGE PRICE OF 52 NEWLY BUILT HOMES$460,576
AVERAGE PRICE OF 40 HOMES WITH A POOL$369,968
AVERAGE PRICE OF 35 REDUCED PRICE HOMESAverage Home
| Average Price | $375,539 |
| Avg Bedrooms | 3.41 beds |
| Avg Bathrooms | 2.09 baths |
Average Price by Bedrooms
| 1 bedroom | $148,599 |
| 2 bedrooms | $216,152 |
| 3 bedrooms | $313,094 |
| 4 bedrooms | $416,213 |
| 5 bedrooms | $722,945 |
Roanoke Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 555 | 555 | 579 | 555 | 479 |
| Average Price | $365,969 | $356,114 | $361,419 | $364,941 | $353,732 |
| Avg Price Change | +2.77% | -1.49% | -0.97% | +3.17% | +2.69% |
| Median Price | $301,013 | $295,869 | $296,897 | $296,891 | $289,492 |
| Med Price Change | +1.74% | -0.35% | +0.00% | +2.56% | +2.40% |
| Avg Bedrooms | 3.4 beds | 3.36 beds | 3.36 beds | 3.39 beds | 3.37 beds |
| Avg Bathrooms | 2.08 baths | 2.08 baths | 2.09 baths | 2.09 baths | 2.1 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Patrick Henry | 160 | $399,460 | 61 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 540 | $375,539 | 63 days |
| Distressed Homes | 3 | $147,316 | 67 days |
| Multi-Million Dollar Homes | 16 | $1,678,056 | 153 days |
| Newly Built Homes | 52 | $506,950 | 125 days |
| Homes with a Pool | 40 | $460,576 | 52 days |
| Reduced Price Homes | 35 | $369,968 | 44 days |
