If you need assistance, please call 540-793-4095

Downtown Roanoke

Why you'd want to live in Downtown Roanoke

Downtown Roanoke is a dynamic urban neighborhood offering a blend of historic architecture, modern amenities, and a rich cultural scene. The neighborhood features a mix of historic buildings, renovated lofts, modern condos, and apartment complexes.

Downtown Roanoke Market Report

$282,035

AVERAGE PRICE OF 109 HOMES

$353,484

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$399,999

AVERAGE PRICE OF 1 HOMES WITH A POOL

$2,997,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$357,250

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $282,035
Avg Bedrooms 3.13 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $242,000
2 bedrooms $300,943
3 bedrooms $316,557
4 bedrooms $353,264
5 bedrooms $474,750
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry High School 34 $243,764 89 days
William Byrd High School 28 $298,791 723 days
William Fleming High School 22 $138,502 70 days
Franklin County High School 8 $374,956 216 days
Cave Spring High School 8 $196,818 901 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 109 $282,035 324 days
Newly Built Homes 19 $353,484 144 days
Homes with a Pool 1 $399,999 62 days
Multi-Million Dollar Homes 2 $2,997,500 454 days
Reduced Price Homes 2 $357,250 100 days
Distressed Homes n/a n/a n/a
Reiner Realty
Rene Reiner
2923 Brambleton Ave. SW
Roanoke, VA 24015
540-793-4095
Joel Balsley
NMLS#210455
Licensed in VA
Office #: 540-278-1430
Mobile #: 540-597-8877
joelbalsley@atlanticbay.com



Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
Last updated; multiple times May 14, 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.
This site powered by CINC: www.cincpro.com