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

Roanoke Market Report

$334,016

AVERAGE PRICE OF 435 HOMES

$186,950

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,510,869

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$478,053

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$434,523

AVERAGE PRICE OF 23 HOMES WITH A POOL

$269,552

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $334,016
Avg Bedrooms 3.26 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $208,833
2 bedrooms $205,679
3 bedrooms $297,104
4 bedrooms $373,879
5 bedrooms $614,610
Roanoke Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 408 387 413 442 461
Average Price $330,039 $327,220 $330,241 $329,819 $334,062
Avg Price Change +0.86% -0.92% +0.13% -1.29% -1.16%
Median Price $270,070 $269,950 $270,970 $269,421 $274,552
Med Price Change +0.04% -0.38% +0.57% -1.90% -0.47%
Avg Bedrooms 3.25 beds 3.27 beds 3.3 beds 3.32 beds 3.35 beds
Avg Bathrooms 1.95 baths 1.96 baths 1.97 baths 1.96 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 133 $343,861 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $334,016 67 days
Distressed Homes 4 $186,950 53 days
Multi-Million Dollar Homes 10 $1,510,869 137 days
Newly Built Homes 43 $478,053 120 days
Homes with a Pool 23 $434,523 56 days
Reduced Price Homes 11 $269,552 69 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 March 1, 2024. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2024 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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