Roanoke Market Report
$349,511
AVERAGE PRICE OF 488 HOMES$325,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,487,838
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$469,783
AVERAGE PRICE OF 60 NEWLY BUILT HOMES$423,041
AVERAGE PRICE OF 39 HOMES WITH A POOL$422,048
AVERAGE PRICE OF 27 REDUCED PRICE HOMESAverage Home
| Average Price | $349,511 |
| Avg Bedrooms | 3.31 beds |
| Avg Bathrooms | 2.02 baths |
Average Price by Bedrooms
| 1 bedroom | $137,958 |
| 2 bedrooms | $213,721 |
| 3 bedrooms | $297,525 |
| 4 bedrooms | $397,480 |
| 5 bedrooms | $660,991 |
Roanoke Home Price Trends
| 1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
|---|---|---|---|---|---|
| Total Listings | 452 | 518 | 560 | 561 | 553 |
| Average Price | $353,547 | $361,071 | $359,757 | $368,727 | $371,890 |
| Avg Price Change | -2.13% | +0.37% | -2.49% | -0.86% | +1.62% |
| Median Price | $292,238 | $300,159 | $297,772 | $297,586 | $300,863 |
| Med Price Change | -2.71% | +0.80% | +0.06% | -1.10% | -0.05% |
| Avg Bedrooms | 3.34 beds | 3.34 beds | 3.33 beds | 3.34 beds | 3.39 beds |
| Avg Bathrooms | 2.02 baths | 2.02 baths | 2.03 baths | 2.03 baths | 2.07 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Patrick Henry | 157 | $355,983 | 73 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 488 | $349,511 | 79 days |
| Distressed Homes | 1 | $325,000 | 4 days |
| Multi-Million Dollar Homes | 16 | $1,487,838 | 208 days |
| Newly Built Homes | 60 | $469,783 | 145 days |
| Homes with a Pool | 39 | $423,041 | 78 days |
| Reduced Price Homes | 27 | $422,048 | 99 days |
