Roanoke Market Report
$317,270
AVERAGE PRICE OF 382 HOMES$138,750
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,216,667
AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES$466,367
AVERAGE PRICE OF 46 NEWLY BUILT HOMES$330,738
AVERAGE PRICE OF 23 HOMES WITH A POOL$300,237
AVERAGE PRICE OF 13 REDUCED PRICE HOMESAverage Home
| Average Price | $317,270 |
| Avg Bedrooms | 3.34 beds |
| Avg Bathrooms | 2.03 baths |
Average Price by Bedrooms
| 2 bedrooms | $220,887 |
| 3 bedrooms | $265,392 |
| 4 bedrooms | $385,913 |
| 5 bedrooms | $512,647 |
Roanoke Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 447 | 484 | 494 | 507 | 530 |
| Average Price | $315,489 | $315,779 | $309,079 | $309,456 | $311,854 |
| Avg Price Change | -0.09% | +2.17% | -0.12% | -0.77% | n/a |
| Median Price | $276,530 | $270,965 | $260,219 | $257,404 | $259,937 |
| Med Price Change | +2.05% | +4.13% | +1.09% | -0.98% | n/a |
| Avg Bedrooms | 3.33 beds | 3.35 beds | 3.33 beds | 3.35 beds | 3.34 beds |
| Avg Bathrooms | 2 baths | 2.01 baths | 1.98 baths | 1.97 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cave Spring | 51 | $422,662 | 109 days |
| Hidden Valley | 48 | $392,596 | 77 days |
| Northside | 49 | $297,025 | 78 days |
| Patrick Henry | 105 | $313,162 | 62 days |
| William Fleming | 92 | $220,975 | 67 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 382 | $317,270 | 75 days |
| Distressed Homes | 4 | $138,750 | 38 days |
| Multi-Million Dollar Homes | 3 | $1,216,667 | 228 days |
| Newly Built Homes | 46 | $466,367 | 203 days |
| Homes with a Pool | 23 | $330,738 | 50 days |
| Reduced Price Homes | 13 | $300,237 | 39 days |
