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  • Roanoke Market Report

    $291,592

    AVERAGE PRICE OF 699 HOMES

    $45,450

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,260,893

    AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

    $411,145

    AVERAGE PRICE OF 70 NEWLY BUILT HOMES

    $378,182

    AVERAGE PRICE OF 51 HOMES WITH A POOL

    $404,076

    AVERAGE PRICE OF 13 REDUCED PRICE HOMES

    Average Home

    Average Price $291,592
    Avg Bedrooms 3.37 beds
    Avg Bathrooms 2.08 baths

    Average Price by Bedrooms

    1 bedroom $120,027
    2 bedrooms $155,375
    3 bedrooms $232,256
    4 bedrooms $348,634
    5 bedrooms $559,661
    Roanoke Home Price Trends
      5/2021 4/2021 3/2021 2/2021 1/2021
    Total Listings 642 594 548 n/a 542
    Average Price $296,444 $301,179 $294,328 n/a $285,637
    Avg Price Change -1.60% +2.33% n/a n/a -2.57%
    Median Price $236,006 $242,986 $241,808 n/a $237,090
    Med Price Change -2.96% +0.49% n/a n/a +0.16%
    Avg Bedrooms 3.4 beds 3.4 beds 3.4 beds n/a 3.42 beds
    Avg Bathrooms 2.11 baths 2.15 baths 2.15 baths n/a 2.13 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cave Spring 119 $379,077 78 days
    Hidden Valley 84 $410,855 48 days
    Northside 74 $233,795 44 days
    Patrick Henry 207 $278,377 54 days
    William Fleming 160 $183,889 47 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 699 $291,592 56 days
    Distressed Homes 2 $45,450 78 days
    Multi-Million Dollar Homes 12 $1,260,893 194 days
    Newly Built Homes 70 $411,145 133 days
    Homes with a Pool 51 $378,182 57 days
    Reduced Price Homes 13 $404,076 24 days