Roanoke Market Report
$288,217
AVERAGE PRICE OF 389 HOMES$157,950
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,365,600
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$380,882
AVERAGE PRICE OF 61 NEWLY BUILT HOMES$341,237
AVERAGE PRICE OF 12 HOMES WITH A POOL$224,950
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $288,217 |
| Avg Bedrooms | 3.32 beds |
| Avg Bathrooms | 1.93 baths |
Average Price by Bedrooms
| 1 bedroom | $92,000 |
| 2 bedrooms | $209,025 |
| 3 bedrooms | $247,132 |
| 4 bedrooms | $356,197 |
| 5 bedrooms | $382,450 |
Roanoke Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 480 | n/a | 636 | 650 | 670 |
| Average Price | $284,498 | n/a | $294,856 | $288,362 | $281,549 |
| Avg Price Change | n/a | n/a | +2.25% | +2.42% | -1.72% |
| Median Price | $236,869 | n/a | $243,945 | $247,403 | $242,184 |
| Med Price Change | n/a | n/a | -1.42% | +2.15% | +2.64% |
| Avg Bedrooms | 3.32 beds | n/a | 3.35 beds | 3.36 beds | 3.33 beds |
| Avg Bathrooms | 1.98 baths | n/a | 2.07 baths | 2.07 baths | 2.03 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cave Spring | 56 | $413,088 | 131 days |
| Hidden Valley | 48 | $374,823 | 116 days |
| Northside | 40 | $262,586 | 112 days |
| Patrick Henry | 111 | $275,337 | 75 days |
| William Fleming | 106 | $185,095 | 78 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 389 | $288,217 | 97 days |
| Distressed Homes | 2 | $157,950 | 91 days |
| Multi-Million Dollar Homes | 4 | $1,365,600 | 243 days |
| Newly Built Homes | 61 | $380,882 | 226 days |
| Homes with a Pool | 12 | $341,237 | 67 days |
| Reduced Price Homes | 2 | $224,950 | 54 days |
