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Roanoke Market Report

$289,599

AVERAGE PRICE OF 786 HOMES

$137,442

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,432,556

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$319,865

AVERAGE PRICE OF 104 NEWLY BUILT HOMES

$408,958

AVERAGE PRICE OF 51 HOMES WITH A POOL

$286,394

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $289,599
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $148,625
2 bedrooms $172,698
3 bedrooms $278,677
4 bedrooms $287,610
5 bedrooms $557,753
Roanoke Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 824 797 797 775 728
Average Price $278,850 $268,690 $265,125 $258,379 $255,712
Avg Price Change +3.78% +1.34% +2.61% +1.04% -0.33%
Median Price $230,863 $222,604 $217,718 $208,702 $204,888
Med Price Change +3.71% +2.24% +4.32% +1.86% +0.63%
Avg Bedrooms 3.43 beds 3.34 beds 3.32 beds 3.36 beds 3.39 beds
Avg Bathrooms 2.39 baths 2.31 baths 2.3 baths 2.36 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 121 $390,506 70 days
Hidden Valley 110 $364,087 65 days
Northside 116 $237,775 70 days
Patrick Henry 210 $282,493 58 days
William Fleming 133 $166,609 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 786 $289,599 114 days
Distressed Homes 7 $137,442 95 days
Multi-Million Dollar Homes 9 $1,432,556 82 days
Newly Built Homes 104 $319,865 100 days
Homes with a Pool 51 $408,958 73 days
Reduced Price Homes 25 $286,394 59 days
United Home Group
2840 Electric Road Suite 104
Roanoke, VA 24018
434-660-6020

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated; multiple times July 15, 2020. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2020 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.