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

Roanoke Market Report

$283,018

AVERAGE PRICE OF 752 HOMES

$69,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,321,400

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$353,717

AVERAGE PRICE OF 82 NEWLY BUILT HOMES

$395,346

AVERAGE PRICE OF 59 HOMES WITH A POOL

$281,328

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $283,018
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $88,742
2 bedrooms $166,404
3 bedrooms $230,248
4 bedrooms $325,368
5 bedrooms $549,054
Roanoke Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 772 779 777 819 793
Average Price $288,864 $287,709 $289,782 $279,248 $268,997
Avg Price Change +0.40% -0.72% +3.77% +3.81% +1.36%
Median Price $235,094 $235,954 $237,419 $230,973 $222,642
Med Price Change -0.37% -0.62% +2.79% +3.74% +2.26%
Avg Bedrooms 3.43 beds 3.39 beds 3.39 beds 3.41 beds 3.41 beds
Avg Bathrooms 2.18 baths 2.17 baths 2.19 baths 2.15 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 99 $365,740 79 days
Hidden Valley 100 $406,896 67 days
Northside 98 $242,361 67 days
Patrick Henry 224 $275,836 65 days
William Fleming 159 $167,148 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 752 $283,018 66 days
Distressed Homes 2 $69,900 50 days
Multi-Million Dollar Homes 10 $1,321,400 135 days
Newly Built Homes 82 $353,717 123 days
Homes with a Pool 59 $395,346 66 days
Reduced Price Homes 24 $281,328 47 days
Reiner Realty Group, Realtors with Lichtenstein Rowan
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 October 31, 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.
This site powered by CINC: www.cincpro.com