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Roanoke Market Report

$286,631

AVERAGE PRICE OF 650 HOMES

$169,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,311,674

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$377,173

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$339,124

AVERAGE PRICE OF 40 HOMES WITH A POOL

$268,649

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $286,631
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $119,965
2 bedrooms $184,862
3 bedrooms $246,989
4 bedrooms $321,454
5 bedrooms $482,367
Roanoke Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 670 675 678 642 594
Average Price $281,549 $286,393 $293,654 $296,444 $301,179
Avg Price Change -1.72% -2.54% -0.95% -1.60% +2.33%
Median Price $242,184 $235,945 $232,023 $236,006 $242,986
Med Price Change +2.64% +1.69% -1.72% -2.96% +0.49%
Avg Bedrooms 3.33 beds 3.34 beds 3.37 beds 3.4 beds 3.4 beds
Avg Bathrooms 2.03 baths 2.05 baths 2.09 baths 2.11 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 107 $389,835 86 days
Hidden Valley 88 $384,999 65 days
Northside 75 $238,979 56 days
Patrick Henry 178 $259,004 54 days
William Fleming 142 $185,469 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 650 $286,631 63 days
Distressed Homes 2 $169,950 28 days
Multi-Million Dollar Homes 7 $1,311,674 142 days
Newly Built Homes 71 $377,173 163 days
Homes with a Pool 40 $339,124 48 days
Reduced Price Homes 20 $268,649 34 days
Murray Realty Inc. - Douglas W Murray Signature Team
Doug Murrary
4519 Brambleton Ave #200
Roanoke, VA 24018
540-366-7771

Last updated; multiple times September 16, 2021. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2021 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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