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

Roanoke Market Report

$317,270

AVERAGE PRICE OF 382 HOMES

$138,750

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,216,667

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$466,367

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$330,738

AVERAGE PRICE OF 23 HOMES WITH A POOL

$300,237

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $317,270
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

2 bedrooms $220,887
3 bedrooms $265,392
4 bedrooms $385,913
5 bedrooms $512,647
Roanoke Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 447 484 494 507 530
Average Price $315,489 $315,779 $309,079 $309,456 $311,854
Avg Price Change -0.09% +2.17% -0.12% -0.77% n/a
Median Price $276,530 $270,965 $260,219 $257,404 $259,937
Med Price Change +2.05% +4.13% +1.09% -0.98% n/a
Avg Bedrooms 3.33 beds 3.35 beds 3.33 beds 3.35 beds 3.34 beds
Avg Bathrooms 2 baths 2.01 baths 1.98 baths 1.97 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 51 $422,662 109 days
Hidden Valley 48 $392,596 77 days
Northside 49 $297,025 78 days
Patrick Henry 105 $313,162 62 days
William Fleming 92 $220,975 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 382 $317,270 75 days
Distressed Homes 4 $138,750 38 days
Multi-Million Dollar Homes 3 $1,216,667 228 days
Newly Built Homes 46 $466,367 203 days
Homes with a Pool 23 $330,738 50 days
Reduced Price Homes 13 $300,237 39 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 December 8, 2022. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2022 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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