Roanoke Market Report
$291,532
AVERAGE PRICE OF 653 HOMES$169,950
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,311,674
AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES$384,920
AVERAGE PRICE OF 72 NEWLY BUILT HOMES$347,731
AVERAGE PRICE OF 43 HOMES WITH A POOL$279,669
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
| Average Price | $291,532 |
| Avg Bedrooms | 3.35 beds |
| Avg Bathrooms | 2.07 baths |
Average Price by Bedrooms
| 1 bedroom | $119,962 |
| 2 bedrooms | $185,972 |
| 3 bedrooms | $249,307 |
| 4 bedrooms | $329,870 |
| 5 bedrooms | $495,443 |
Roanoke Home Price Trends
| 8/2021 | 7/2021 | 6/2021 | 5/2021 | 4/2021 | |
|---|---|---|---|---|---|
| Total Listings | 670 | 675 | 678 | 642 | 594 |
| Average Price | $281,549 | $286,393 | $293,654 | $296,444 | $301,179 |
| Avg Price Change | -1.72% | -2.54% | -0.95% | -1.60% | +2.33% |
| Median Price | $242,184 | $235,945 | $232,023 | $236,006 | $242,986 |
| Med Price Change | +2.64% | +1.69% | -1.72% | -2.96% | +0.49% |
| Avg Bedrooms | 3.33 beds | 3.34 beds | 3.37 beds | 3.4 beds | 3.4 beds |
| Avg Bathrooms | 2.03 baths | 2.05 baths | 2.09 baths | 2.11 baths | 2.15 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cave Spring | 108 | $396,906 | 86 days |
| Hidden Valley | 86 | $391,017 | 69 days |
| Northside | 75 | $242,631 | 55 days |
| Patrick Henry | 186 | $267,972 | 52 days |
| William Fleming | 139 | $186,734 | 55 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 653 | $291,532 | 63 days |
| Distressed Homes | 2 | $169,950 | 33 days |
| Multi-Million Dollar Homes | 7 | $1,311,674 | 147 days |
| Newly Built Homes | 72 | $384,920 | 166 days |
| Homes with a Pool | 43 | $347,731 | 50 days |
| Reduced Price Homes | 21 | $279,669 | 34 days |
