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 HOMESAverage 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 |
