Roanoke Market Report
$355,545
AVERAGE PRICE OF 525 HOMES$262,500
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,367,668
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$482,137
AVERAGE PRICE OF 50 NEWLY BUILT HOMES$395,961
AVERAGE PRICE OF 42 HOMES WITH A POOL$334,185
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
| Average Price | $355,545 |
| Avg Bedrooms | 3.33 beds |
| Avg Bathrooms | 2.06 baths |
Average Price by Bedrooms
| 1 bedroom | $185,497 |
| 2 bedrooms | $209,980 |
| 3 bedrooms | $300,187 |
| 4 bedrooms | $422,474 |
| 5 bedrooms | $601,349 |
Roanoke Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 488 | 452 | 518 | 560 | 561 |
| Average Price | $352,024 | $353,547 | $361,071 | $359,757 | $368,727 |
| Avg Price Change | -0.43% | -2.13% | +0.37% | -2.49% | -0.86% |
| Median Price | $290,143 | $292,238 | $300,159 | $297,772 | $297,586 |
| Med Price Change | -0.72% | -2.71% | +0.80% | +0.06% | -1.10% |
| Avg Bedrooms | 3.3 beds | 3.34 beds | 3.34 beds | 3.33 beds | 3.34 beds |
| Avg Bathrooms | 2.03 baths | 2.02 baths | 2.02 baths | 2.03 baths | 2.03 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Patrick Henry | 181 | $368,049 | 69 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 525 | $355,545 | 73 days |
| Distressed Homes | 2 | $262,500 | 38 days |
| Multi-Million Dollar Homes | 14 | $1,367,668 | 219 days |
| Newly Built Homes | 50 | $482,137 | 149 days |
| Homes with a Pool | 42 | $395,961 | 70 days |
| Reduced Price Homes | 19 | $334,185 | 55 days |
