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Roanoke Market Report

$334,953

AVERAGE PRICE OF 423 HOMES

$175,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,524,825

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$453,836

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$472,688

AVERAGE PRICE OF 26 HOMES WITH A POOL

$379,840

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $334,953
Avg Bedrooms 3.3 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $185,975
2 bedrooms $241,796
3 bedrooms $274,590
4 bedrooms $380,997
5 bedrooms $659,386
Roanoke Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 442 461 478 463 457
Average Price $329,819 $334,062 $337,942 $345,392 $352,243
Avg Price Change -1.29% -1.16% -2.20% -1.98% -2.64%
Median Price $269,421 $274,552 $275,856 $280,244 $282,597
Med Price Change -1.90% -0.47% -1.59% -0.84% -4.19%
Avg Bedrooms 3.32 beds 3.35 beds 3.39 beds 3.43 beds 3.42 beds
Avg Bathrooms 1.96 baths 1.99 baths 2.05 baths 2.1 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 52 $520,537 100 days
Hidden Valley 32 $352,085 69 days
Northside 54 $309,480 75 days
Patrick Henry 148 $329,529 69 days
William Fleming 104 $225,299 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 423 $334,953 72 days
Distressed Homes 1 $175,000 29 days
Multi-Million Dollar Homes 12 $1,524,825 172 days
Newly Built Homes 32 $453,836 108 days
Homes with a Pool 26 $472,688 50 days
Reduced Price Homes 22 $379,840 82 days
Wainwright & Co. - Realtors
1202 Electric Road Ste A
Salem, VA 24153
540-819-7388
Licensed in Virginia

Last updated; multiple times December 5, 2023. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2023 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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