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Roanoke Market Report

$320,280

AVERAGE PRICE OF 376 HOMES

$82,875

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,687,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$469,119

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$358,460

AVERAGE PRICE OF 25 HOMES WITH A POOL

$311,732

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $320,280
Avg Bedrooms 3.34 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $152,280
2 bedrooms $240,278
3 bedrooms $265,528
4 bedrooms $377,023
5 bedrooms $444,737
Roanoke Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 362 378 447 484 494
Average Price $325,980 $317,721 $315,489 $315,779 $309,079
Avg Price Change +2.60% +0.71% -0.09% +2.17% -0.12%
Median Price $276,100 $277,065 $276,530 $270,965 $260,219
Med Price Change -0.35% +0.19% +2.05% +4.13% +1.09%
Avg Bedrooms 3.38 beds 3.36 beds 3.33 beds 3.35 beds 3.33 beds
Avg Bathrooms 2.03 baths 2.04 baths 2 baths 2.01 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 48 $456,985 102 days
Hidden Valley 48 $399,660 75 days
Northside 48 $307,569 91 days
Patrick Henry 114 $265,338 57 days
William Fleming 85 $227,567 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 376 $320,280 73 days
Distressed Homes 4 $82,875 44 days
Multi-Million Dollar Homes 4 $1,687,500 189 days
Newly Built Homes 42 $469,119 213 days
Homes with a Pool 25 $358,460 50 days
Reduced Price Homes 14 $311,732 63 days
Wainwright & Co. - Realtors
1202 Electric Road Ste A
Salem, VA 24153
540-819-7388
Licensed in Virginia

Last updated; multiple times February 4, 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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