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

Roanoke Market Report

$288,217

AVERAGE PRICE OF 389 HOMES

$157,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,365,600

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$380,882

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$341,237

AVERAGE PRICE OF 12 HOMES WITH A POOL

$224,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $288,217
Avg Bedrooms 3.32 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $92,000
2 bedrooms $209,025
3 bedrooms $247,132
4 bedrooms $356,197
5 bedrooms $382,450
Roanoke Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 480 n/a 636 650 670
Average Price $284,498 n/a $294,856 $288,362 $281,549
Avg Price Change n/a n/a +2.25% +2.42% -1.72%
Median Price $236,869 n/a $243,945 $247,403 $242,184
Med Price Change n/a n/a -1.42% +2.15% +2.64%
Avg Bedrooms 3.32 beds n/a 3.35 beds 3.36 beds 3.33 beds
Avg Bathrooms 1.98 baths n/a 2.07 baths 2.07 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 56 $413,088 131 days
Hidden Valley 48 $374,823 116 days
Northside 40 $262,586 112 days
Patrick Henry 111 $275,337 75 days
William Fleming 106 $185,095 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 389 $288,217 97 days
Distressed Homes 2 $157,950 91 days
Multi-Million Dollar Homes 4 $1,365,600 243 days
Newly Built Homes 61 $380,882 226 days
Homes with a Pool 12 $341,237 67 days
Reduced Price Homes 2 $224,950 54 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 January 20, 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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