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

Roanoke Market Report

$327,992

AVERAGE PRICE OF 428 HOMES

$138,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,513,450

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$444,732

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$441,929

AVERAGE PRICE OF 22 HOMES WITH A POOL

$373,295

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $327,992
Avg Bedrooms 3.32 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $185,975
2 bedrooms $226,514
3 bedrooms $273,760
4 bedrooms $378,758
5 bedrooms $587,919
Roanoke Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 461 478 463 457 475
Average Price $334,062 $337,942 $345,392 $352,243 $361,525
Avg Price Change -1.16% -2.20% -1.98% -2.64% +1.36%
Median Price $274,552 $275,856 $280,244 $282,597 $294,425
Med Price Change -0.47% -1.59% -0.84% -4.19% +0.27%
Avg Bedrooms 3.35 beds 3.39 beds 3.43 beds 3.42 beds 3.43 beds
Avg Bathrooms 1.99 baths 2.05 baths 2.1 baths 2.11 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 53 $492,656 103 days
Hidden Valley 30 $372,604 77 days
Northside 54 $306,792 73 days
Patrick Henry 152 $320,693 71 days
William Fleming 107 $221,652 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 428 $327,992 73 days
Distressed Homes 3 $138,633 55 days
Multi-Million Dollar Homes 11 $1,513,450 182 days
Newly Built Homes 33 $444,732 107 days
Homes with a Pool 22 $441,929 57 days
Reduced Price Homes 12 $373,295 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
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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 November 29, 2023. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 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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