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 HOMESAverage 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 |
