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Roanoke Market Report

$360,820

AVERAGE PRICE OF 491 HOMES

$140,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,684,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$530,874

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$406,330

AVERAGE PRICE OF 34 HOMES WITH A POOL

$413,643

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $360,820
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $180,237
2 bedrooms $227,670
3 bedrooms $287,278
4 bedrooms $418,896
5 bedrooms $609,213
Roanoke Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 454 409 388 381 362
Average Price $356,671 $347,542 $336,364 $322,321 $325,980
Avg Price Change +2.63% +3.32% +4.36% -1.14% +2.60%
Median Price $293,642 $287,539 $276,246 $267,969 $276,100
Med Price Change +2.12% +4.09% +3.09% -3.03% -0.35%
Avg Bedrooms 3.41 beds 3.39 beds 3.36 beds 3.33 beds 3.38 beds
Avg Bathrooms 2.09 baths 2.09 baths 2.04 baths 1.99 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 74 $439,003 79 days
Hidden Valley 52 $501,098 59 days
Northside 75 $329,159 64 days
Patrick Henry 145 $368,895 49 days
William Fleming 106 $215,744 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 491 $360,820 58 days
Distressed Homes 1 $140,000 45 days
Multi-Million Dollar Homes 5 $1,684,000 185 days
Newly Built Homes 40 $530,874 178 days
Homes with a Pool 34 $406,330 42 days
Reduced Price Homes 9 $413,643 136 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 June 4, 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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