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  • Roanoke Market Report

    $293,992

    AVERAGE PRICE OF 638 HOMES

    $266,475

    AVERAGE PRICE OF 4 DISTRESSED HOMES

    $1,288,465

    AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

    $396,387

    AVERAGE PRICE OF 72 NEWLY BUILT HOMES

    $321,609

    AVERAGE PRICE OF 45 HOMES WITH A POOL

    $252,611

    AVERAGE PRICE OF 17 REDUCED PRICE HOMES

    Average Home

    Average Price $293,992
    Avg Bedrooms 3.32 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $107,055
    2 bedrooms $186,708
    3 bedrooms $245,063
    4 bedrooms $347,612
    5 bedrooms $503,686
    Roanoke Home Price Trends
      9/2021 8/2021 7/2021 6/2021 5/2021
    Total Listings 650 670 675 678 642
    Average Price $288,362 $281,549 $286,393 $293,654 $296,444
    Avg Price Change +2.42% -1.72% -2.54% -0.95% -1.60%
    Median Price $247,403 $242,184 $235,945 $232,023 $236,006
    Med Price Change +2.15% +2.64% +1.69% -1.72% -2.96%
    Avg Bedrooms 3.36 beds 3.33 beds 3.34 beds 3.37 beds 3.4 beds
    Avg Bathrooms 2.07 baths 2.03 baths 2.05 baths 2.09 baths 2.11 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cave Spring 105 $407,711 91 days
    Hidden Valley 75 $388,535 77 days
    Northside 82 $242,809 58 days
    Patrick Henry 187 $285,849 50 days
    William Fleming 134 $181,380 57 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 638 $293,992 66 days
    Distressed Homes 4 $266,475 44 days
    Multi-Million Dollar Homes 11 $1,288,465 123 days
    Newly Built Homes 72 $396,387 181 days
    Homes with a Pool 45 $321,609 45 days
    Reduced Price Homes 17 $252,611 31 days