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

Roanoke Market Report

$263,184

AVERAGE PRICE OF 790 HOMES

$1,284,857

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$316,913

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$379,399

AVERAGE PRICE OF 73 HOMES WITH A POOL

$317,303

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $263,184
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $138,860
2 bedrooms $152,527
3 bedrooms $213,927
4 bedrooms $303,331
5 bedrooms $492,144
Roanoke Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 772 724 714 775 864
Average Price $258,522 $255,968 $256,787 $257,350 $258,705
Avg Price Change +1.00% -0.32% -0.22% -0.53% +2.11%
Median Price $208,641 $204,907 $203,460 $201,602 $204,786
Med Price Change +1.82% +0.71% +0.92% -1.58% +2.35%
Avg Bedrooms 3.37 beds 3.36 beds 3.35 beds 3.34 beds 3.36 beds
Avg Bathrooms 2.09 baths 2.09 baths 2.1 baths 2.12 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 128 $365,228 34 days
Hidden Valley 106 $330,110 35 days
Northside 98 $216,359 37 days
Patrick Henry 231 $263,704 35 days
William Fleming 157 $148,067 34 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 790 $263,184 35 days
Multi-Million Dollar Homes 7 $1,284,857 47 days
Newly Built Homes 96 $316,913 42 days
Homes with a Pool 73 $379,399 36 days
Reduced Price Homes 26 $317,303 34 days
Reiner Realty Group
Rene Reiner
3621 Manassas Drive
Roanoke, VA 24018
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 April 5, 2020. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2020 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.