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 HOMESAverage 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 |
