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

Roanoke Market Report

$291,526

AVERAGE PRICE OF 690 HOMES

$32,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,260,893

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$411,145

AVERAGE PRICE OF 70 NEWLY BUILT HOMES

$382,646

AVERAGE PRICE OF 50 HOMES WITH A POOL

$298,591

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $291,526
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $119,472
2 bedrooms $157,113
3 bedrooms $232,279
4 bedrooms $351,715
5 bedrooms $559,254
Roanoke Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 642 594 548 n/a 542
Average Price $296,444 $301,179 $294,328 n/a $285,637
Avg Price Change -1.60% +2.33% n/a n/a -2.57%
Median Price $236,006 $242,986 $241,808 n/a $237,090
Med Price Change -2.96% +0.49% n/a n/a +0.16%
Avg Bedrooms 3.4 beds 3.4 beds 3.4 beds n/a 3.42 beds
Avg Bathrooms 2.11 baths 2.15 baths 2.15 baths n/a 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 116 $378,516 77 days
Hidden Valley 83 $417,082 49 days
Northside 72 $233,701 45 days
Patrick Henry 203 $277,310 54 days
William Fleming 161 $183,499 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 690 $291,526 55 days
Distressed Homes 2 $32,450 23 days
Multi-Million Dollar Homes 12 $1,260,893 196 days
Newly Built Homes 70 $411,145 135 days
Homes with a Pool 50 $382,646 57 days
Reduced Price Homes 19 $298,591 25 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 June 23, 2021. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2021 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.
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