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

Roanoke Market Report

$349,257

AVERAGE PRICE OF 446 HOMES

$79,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,585,839

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$487,586

AVERAGE PRICE OF 57 NEWLY BUILT HOMES

$433,713

AVERAGE PRICE OF 32 HOMES WITH A POOL

$359,577

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $349,257
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $182,783
2 bedrooms $203,538
3 bedrooms $298,107
4 bedrooms $393,991
5 bedrooms $634,224
Roanoke Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 518 560 561 553 555
Average Price $361,071 $359,757 $368,727 $371,890 $365,969
Avg Price Change +0.37% -2.49% -0.86% +1.62% +2.77%
Median Price $300,159 $297,772 $297,586 $300,863 $301,013
Med Price Change +0.80% +0.06% -1.10% -0.05% +1.74%
Avg Bedrooms 3.34 beds 3.33 beds 3.34 beds 3.39 beds 3.4 beds
Avg Bathrooms 2.02 baths 2.03 baths 2.03 baths 2.07 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 140 $356,718 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 446 $349,257 81 days
Distressed Homes 1 $79,900 28 days
Multi-Million Dollar Homes 13 $1,585,839 236 days
Newly Built Homes 57 $487,586 139 days
Homes with a Pool 32 $433,713 76 days
Reduced Price Homes 20 $359,577 61 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



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 January 18, 2025. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2025 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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