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  • Roanoke Market Report

    $289,675

    AVERAGE PRICE OF 637 HOMES

    $169,950

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,311,674

    AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

    $386,962

    AVERAGE PRICE OF 71 NEWLY BUILT HOMES

    $346,011

    AVERAGE PRICE OF 40 HOMES WITH A POOL

    $278,753

    AVERAGE PRICE OF 16 REDUCED PRICE HOMES

    Average Home

    Average Price $289,675
    Avg Bedrooms 3.35 beds
    Avg Bathrooms 2.07 baths

    Average Price by Bedrooms

    1 bedroom $119,962
    2 bedrooms $184,714
    3 bedrooms $249,039
    4 bedrooms $323,945
    5 bedrooms $495,425
    Roanoke Home Price Trends
      8/2021 7/2021 6/2021 5/2021 4/2021
    Total Listings 670 675 678 642 594
    Average Price $281,549 $286,393 $293,654 $296,444 $301,179
    Avg Price Change -1.72% -2.54% -0.95% -1.60% +2.33%
    Median Price $242,184 $235,945 $232,023 $236,006 $242,986
    Med Price Change +2.64% +1.69% -1.72% -2.96% +0.49%
    Avg Bedrooms 3.33 beds 3.34 beds 3.37 beds 3.4 beds 3.4 beds
    Avg Bathrooms 2.03 baths 2.05 baths 2.09 baths 2.11 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cave Spring 104 $399,196 90 days
    Hidden Valley 83 $393,254 72 days
    Northside 75 $242,665 55 days
    Patrick Henry 182 $267,629 53 days
    William Fleming 137 $181,570 53 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 637 $289,675 64 days
    Distressed Homes 2 $169,950 35 days
    Multi-Million Dollar Homes 7 $1,311,674 149 days
    Newly Built Homes 71 $386,962 170 days
    Homes with a Pool 40 $346,011 51 days
    Reduced Price Homes 16 $278,753 40 days