Roanoke Market Report
$373,437
AVERAGE PRICE OF 553 HOMES$344,117
AVERAGE PRICE OF 39 REDUCED PRICE HOMES$147,316
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,646,994
AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES$504,851
AVERAGE PRICE OF 51 NEWLY BUILT HOMES$454,971
AVERAGE PRICE OF 41 HOMES WITH A POOLAverage Home
| Average Price | $373,437 |
| Avg Bedrooms | 3.4 beds |
| Avg Bathrooms | 2.34 baths |
Average Price by Bedrooms
| 1 bedroom | $150,999 |
| 2 bedrooms | $190,106 |
| 3 bedrooms | $332,318 |
| 4 bedrooms | $389,453 |
| 5 bedrooms | $495,427 |
Roanoke Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 562 | 562 | 587 | 563 | 485 |
| Average Price | $365,523 | $355,700 | $361,503 | $364,631 | $353,118 |
| Avg Price Change | +2.76% | -1.63% | -0.87% | +3.26% | +2.81% |
| Median Price | $301,433 | $296,324 | $297,747 | $297,025 | $288,917 |
| Med Price Change | +1.72% | -0.48% | +0.24% | +2.81% | +2.40% |
| Avg Bedrooms | 3.4 beds | 3.27 beds | 3.57 beds | 3.69 beds | 3.72 beds |
| Avg Bathrooms | 2.29 baths | 2.2 baths | 2.39 baths | 2.41 baths | 2.32 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Patrick Henry | 163 | $392,364 | 59 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 553 | $373,437 | 63 days |
| Reduced Price Homes | 39 | $344,117 | 53 days |
| Distressed Homes | 3 | $147,316 | 69 days |
| Multi-Million Dollar Homes | 17 | $1,646,994 | 146 days |
| Newly Built Homes | 51 | $504,851 | 128 days |
| Homes with a Pool | 41 | $454,971 | 52 days |
