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Roanoke Market Report

$294,076

AVERAGE PRICE OF 629 HOMES

$365,281

AVERAGE PRICE OF 50 HOMES WITH A POOL

$45,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,290,520

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$389,177

AVERAGE PRICE OF 67 NEWLY BUILT HOMES

$345,645

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $294,076
Avg Bedrooms 3.49 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $129,798
2 bedrooms $103,576
3 bedrooms $198,685
4 bedrooms $319,625
5 bedrooms $418,659
Roanoke Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 597 549 n/a 543 599
Average Price $300,600 $294,247 n/a $285,571 $292,923
Avg Price Change +2.16% n/a n/a -2.57% +2.98%
Median Price $242,674 $241,822 n/a $237,113 $236,733
Med Price Change +0.35% n/a n/a +0.16% +1.51%
Avg Bedrooms 3.42 beds 3.7 beds n/a 3.71 beds 3.73 beds
Avg Bathrooms 2.21 baths 2.57 baths n/a 2.56 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 101 $395,973 85 days
Hidden Valley 69 $384,570 50 days
Northside 73 $232,105 40 days
Patrick Henry 214 $296,938 55 days
William Fleming 126 $174,067 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 629 $294,076 78 days
Homes with a Pool 50 $365,281 32 days
Distressed Homes 2 $45,450 38 days
Multi-Million Dollar Homes 11 $1,290,520 174 days
Newly Built Homes 67 $389,177 132 days
Reduced Price Homes 16 $345,645 33 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 May 12, 2021. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2021 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.
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