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

Roanoke Market Report

$326,649

AVERAGE PRICE OF 369 HOMES

$82,875

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,687,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$469,814

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$370,152

AVERAGE PRICE OF 23 HOMES WITH A POOL

$242,281

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $326,649
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $145,225
2 bedrooms $240,782
3 bedrooms $270,423
4 bedrooms $381,225
5 bedrooms $443,455
Roanoke Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 378 447 484 494 507
Average Price $317,721 $315,489 $315,779 $309,079 $309,456
Avg Price Change +0.71% -0.09% +2.17% -0.12% -0.77%
Median Price $277,065 $276,530 $270,965 $260,219 $257,404
Med Price Change +0.19% +2.05% +4.13% +1.09% -0.98%
Avg Bedrooms 3.36 beds 3.33 beds 3.35 beds 3.33 beds 3.35 beds
Avg Bathrooms 2.04 baths 2 baths 2.01 baths 1.98 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 44 $467,455 107 days
Hidden Valley 45 $407,116 80 days
Northside 49 $312,927 90 days
Patrick Henry 113 $279,117 61 days
William Fleming 83 $231,113 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 369 $326,649 75 days
Distressed Homes 4 $82,875 37 days
Multi-Million Dollar Homes 4 $1,687,500 182 days
Newly Built Homes 43 $469,814 203 days
Homes with a Pool 23 $370,152 57 days
Reduced Price Homes 11 $242,281 119 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 28, 2023. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of RealtorsĀ© 2023 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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