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Roanoke Market Report

$364,563

AVERAGE PRICE OF 592 HOMES

$155,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,540,124

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$445,145

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$409,356

AVERAGE PRICE OF 37 HOMES WITH A POOL

$312,488

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $364,563
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $162,475
2 bedrooms $211,112
3 bedrooms $306,576
4 bedrooms $419,140
5 bedrooms $648,644
Roanoke Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 479 426 408 387 413
Average Price $353,732 $344,454 $330,039 $327,220 $330,241
Avg Price Change +2.69% +4.37% +0.86% -0.92% +0.13%
Median Price $289,492 $282,719 $270,070 $269,950 $270,970
Med Price Change +2.40% +4.68% +0.04% -0.38% +0.57%
Avg Bedrooms 3.37 beds 3.31 beds 3.25 beds 3.27 beds 3.3 beds
Avg Bathrooms 2.1 baths 2.04 baths 1.95 baths 1.96 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Patrick Henry 184 $379,668 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 592 $364,563 51 days
Distressed Homes 2 $155,000 20 days
Multi-Million Dollar Homes 14 $1,540,124 145 days
Newly Built Homes 68 $445,145 83 days
Homes with a Pool 37 $409,356 44 days
Reduced Price Homes 21 $312,488 54 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 May 30, 2024. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2024 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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