If you need assistance, please call 434-660-6020

Roanoke Market Report

$287,987

AVERAGE PRICE OF 695 HOMES

$120,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,309,889

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$357,496

AVERAGE PRICE OF 78 NEWLY BUILT HOMES

$409,294

AVERAGE PRICE OF 52 HOMES WITH A POOL

$372,483

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $287,987
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $91,070
2 bedrooms $161,620
3 bedrooms $238,264
4 bedrooms $288,919
5 bedrooms $459,041
Roanoke Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 764 779 782 781 824
Average Price $285,845 $288,495 $287,714 $289,624 $278,850
Avg Price Change -0.93% +0.27% -0.66% +3.86% +3.78%
Median Price $230,880 $235,066 $236,164 $237,541 $230,863
Med Price Change -1.81% -0.47% -0.58% +2.89% +3.71%
Avg Bedrooms 3.46 beds 3.4 beds 3.51 beds 3.58 beds 3.43 beds
Avg Bathrooms 2.47 baths 2.52 baths 2.72 baths 2.59 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 91 $369,715 91 days
Hidden Valley 96 $421,145 76 days
Northside 88 $241,733 80 days
Patrick Henry 211 $280,412 70 days
William Fleming 133 $163,850 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 695 $287,987 162 days
Distressed Homes 1 $120,000 17 days
Multi-Million Dollar Homes 9 $1,309,889 145 days
Newly Built Homes 78 $357,496 141 days
Homes with a Pool 52 $409,294 80 days
Reduced Price Homes 28 $372,483 43 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 November 23, 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.
This site powered by CINC: www.cincpro.com