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

Roanoke Market Report

$370,215

AVERAGE PRICE OF 541 HOMES

$155,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,536,112

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$491,761

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$425,524

AVERAGE PRICE OF 32 HOMES WITH A POOL

$471,573

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $370,215
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $133,316
2 bedrooms $208,675
3 bedrooms $308,563
4 bedrooms $419,316
5 bedrooms $692,203
Roanoke Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 479 426 408 387 413
Average Price $353,732 $344,454 $330,039 $327,220 $330,241
Avg Price Change +2.69% +4.37% +0.86% -0.92% +0.13%
Median Price $289,492 $282,719 $270,070 $269,950 $270,970
Med Price Change +2.40% +4.68% +0.04% -0.38% +0.57%
Avg Bedrooms 3.37 beds 3.31 beds 3.25 beds 3.27 beds 3.3 beds
Avg Bathrooms 2.1 baths 2.04 baths 1.95 baths 1.96 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 178 $392,660 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 541 $370,215 51 days
Distressed Homes 2 $155,000 6 days
Multi-Million Dollar Homes 15 $1,536,112 141 days
Newly Built Homes 36 $491,761 137 days
Homes with a Pool 32 $425,524 48 days
Reduced Price Homes 23 $471,573 41 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
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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 May 18, 2024. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2024 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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