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

Roanoke Market Report

$335,295

AVERAGE PRICE OF 470 HOMES

$94,833

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,589,963

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$415,563

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$345,204

AVERAGE PRICE OF 32 HOMES WITH A POOL

$361,555

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $335,295
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $211,666
2 bedrooms $212,746
3 bedrooms $266,492
4 bedrooms $404,230
5 bedrooms $559,178
Roanoke Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 478 463 457 475 454
Average Price $337,942 $345,392 $352,243 $361,525 $356,671
Avg Price Change -2.20% -1.98% -2.64% +1.36% +2.63%
Median Price $275,856 $280,244 $282,597 $294,425 $293,642
Med Price Change -1.59% -0.84% -4.19% +0.27% +2.12%
Avg Bedrooms 3.39 beds 3.43 beds 3.42 beds 3.43 beds 3.41 beds
Avg Bathrooms 2.05 baths 2.1 baths 2.11 baths 2.1 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 65 $449,884 81 days
Hidden Valley 45 $438,536 82 days
Northside 56 $319,745 58 days
Patrick Henry 144 $331,284 51 days
William Fleming 130 $220,036 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 470 $335,295 59 days
Distressed Homes 3 $94,833 21 days
Multi-Million Dollar Homes 8 $1,589,963 202 days
Newly Built Homes 35 $415,563 95 days
Homes with a Pool 32 $345,204 41 days
Reduced Price Homes 28 $361,555 56 days
Reiner Realty
Rene Reiner
2923 Brambleton Ave. SW
Roanoke, VA 24015
540-793-4095
Joel Balsley
NMLS#210455
Licensed in VA
Office #: 540-278-1430
Mobile #: 540-597-8877
joelbalsley@atlanticbay.com
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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 2, 2023. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of RealtorsĀ© 2023 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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