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 HOMESAverage 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 |
