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Roanoke Market Report

$372,095

AVERAGE PRICE OF 658 HOMES

$229,375

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,359,535

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$482,740

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$340,013

AVERAGE PRICE OF 46 HOMES WITH A POOL

$397,408

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $372,095
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $221,487
2 bedrooms $229,278
3 bedrooms $322,986
4 bedrooms $388,002
5 bedrooms $467,592
Roanoke Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 532 494 459 526 570
Average Price $356,740 $350,851 $352,094 $359,432 $358,168
Avg Price Change +1.68% -0.35% -2.08% +0.35% -2.54%
Median Price $295,810 $289,685 $291,754 $299,286 $297,098
Med Price Change +2.11% -0.71% -2.58% +0.74% -0.06%
Avg Bedrooms 3.71 beds 3.48 beds 3.47 beds 3.37 beds 3.43 beds
Avg Bathrooms 2.35 baths 2.01 baths 2.05 baths 2.14 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 212 $406,544 62 days
Total Homes Average Price Avg Days on Site
All Homes 658 $372,095 76 days
Distressed Homes 4 $229,375 51 days
Multi-Million Dollar Homes 23 $1,359,535 129 days
Newly Built Homes 45 $482,740 150 days
Homes with a Pool 46 $340,013 77 days
Reduced Price Homes 39 $397,408 38 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 April 30, 2025. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2025 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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