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Roanoke Market Report

$257,664

AVERAGE PRICE OF 805 HOMES

$75,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$349,893

AVERAGE PRICE OF 59 HOMES WITH A POOL

$170,720

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

$1,320,571

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$329,833

AVERAGE PRICE OF 100 NEWLY BUILT HOMES

Average Home

Average Price $257,664
Avg Bedrooms 3.05 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $95,962
2 bedrooms $122,607
3 bedrooms $249,027
4 bedrooms $266,504
5 bedrooms $374,473
Roanoke Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 872 953 955 972 965
Average Price $258,459 $253,142 $253,303 $255,761 $257,031
Avg Price Change +2.10% -0.06% -0.97% -0.50% -0.21%
Median Price $205,200 $200,281 $205,782 $210,191 $209,927
Med Price Change +2.46% -2.75% -2.14% +0.13% +0.33%
Avg Bedrooms 3.07 beds 3.09 beds 3.14 beds 3.02 beds 3.41 beds
Avg Bathrooms 2.39 baths 2.31 baths 2.3 baths 2.45 baths 2.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 132 $365,424 140 days
Hidden Valley 97 $321,969 82 days
Northside 111 $235,664 161 days
Patrick Henry 237 $243,017 87 days
William Fleming 141 $135,792 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 805 $257,664 88 days
Distressed Homes 2 $75,000 99 days
Homes with a Pool 59 $349,893 95 days
Reduced Price Homes 12 $170,720 50 days
Multi-Million Dollar Homes 7 $1,320,571 175 days
Newly Built Homes 100 $329,833 225 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 December 7, 2019. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2019 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.