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

Roanoke Market Report

$286,072

AVERAGE PRICE OF 797 HOMES

$130,942

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,405,375

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$318,985

AVERAGE PRICE OF 92 NEWLY BUILT HOMES

$367,981

AVERAGE PRICE OF 62 HOMES WITH A POOL

$289,870

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $286,072
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $133,237
2 bedrooms $177,133
3 bedrooms $226,695
4 bedrooms $341,739
5 bedrooms $563,261
Roanoke Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 777 819 793 793 772
Average Price $289,782 $279,248 $268,997 $265,398 $258,522
Avg Price Change +3.77% +3.81% +1.36% +2.66% +1.00%
Median Price $237,419 $230,973 $222,642 $217,720 $208,641
Med Price Change +2.79% +3.74% +2.26% +4.35% +1.82%
Avg Bedrooms 3.39 beds 3.41 beds 3.41 beds 3.4 beds 3.37 beds
Avg Bathrooms 2.19 baths 2.15 baths 2.11 baths 2.11 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 114 $394,622 73 days
Hidden Valley 111 $343,563 62 days
Northside 124 $231,128 71 days
Patrick Henry 223 $280,079 58 days
William Fleming 134 $174,648 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 797 $286,072 61 days
Distressed Homes 7 $130,942 96 days
Multi-Million Dollar Homes 8 $1,405,375 116 days
Newly Built Homes 92 $318,985 124 days
Homes with a Pool 62 $367,981 64 days
Reduced Price Homes 20 $289,870 53 days
Reiner Realty Group
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 August 13, 2020. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2020 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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