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  • Roanoke Market Report

    $323,588

    AVERAGE PRICE OF 376 HOMES

    $82,875

    AVERAGE PRICE OF 4 DISTRESSED HOMES

    $1,710,000

    AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

    $469,119

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $353,260

    AVERAGE PRICE OF 25 HOMES WITH A POOL

    $299,962

    AVERAGE PRICE OF 8 REDUCED PRICE HOMES

    Average Home

    Average Price $323,588
    Avg Bedrooms 3.34 beds
    Avg Bathrooms 2 baths

    Average Price by Bedrooms

    1 bedroom $152,280
    2 bedrooms $245,210
    3 bedrooms $264,522
    4 bedrooms $391,207
    5 bedrooms $437,303
    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 49 $455,302 100 days
    Hidden Valley 46 $400,669 78 days
    Northside 49 $307,617 92 days
    Patrick Henry 114 $278,692 58 days
    William Fleming 86 $226,549 69 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 376 $323,588 74 days
    Distressed Homes 4 $82,875 47 days
    Multi-Million Dollar Homes 5 $1,710,000 153 days
    Newly Built Homes 42 $469,119 216 days
    Homes with a Pool 25 $353,260 51 days
    Reduced Price Homes 8 $299,962 83 days