Roanoke, VA Home Values & Market Trends
Real estate market trends reflect that there have been 2,757 transactions over the past year in Roanoke. The median value for residential home transactions that occurred over the previous year is $247,298.02. The number of current listings in Roanoke is 148, and the percentage of properties for sale in the city is 148.00%. Roanoke, VA currently has 41 properties in foreclosure, 4 bank owned properties, 37 properties headed for auction, and 148 properties for sale.
Roanoke, VA Real Estate Market Overview
Housing Market Summary for Roanoke, VA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $294.5K | $238.4K | -19.04% |
Median Sold Price | $220K | $238.4K | 8.37% |
Homes For Sale | 118 | 123 | 4.24% |
Homes Sold | 1,529 | 1,319 | -13.73% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Roanoke, VA
Browse Homes in Roanoke, VA
Roanoke home values range from $21,502 to $11,323,363. The median estimated value of a home in Roanoke is $247,298.02. The median list price of a home is 275,100, and the total count of properties in the city is 56,614.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Roanoke, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Roanoke, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Roanoke, VA ranges from the highest value of $468,700 in 24018 to the lowest value of $120,000 in 24017. Bank owned homes and properties account for 0.01% of properties in Roanoke, VA. There are 10 zips within Roanoke, VA; 24018 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions24012 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Roanoke, VA. Auction homes and other auction properties account for 0.07% of all properties in Roanoke, VA. There are 10 zips within Roanoke, VA; of those zips, the median estimated home value for homes going to auction ranges from $257,262 in 24018 to the lowest value of $47,363 in 24018.
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More Real Estate Resources for Roanoke, VA
Guide for Roanoke, VA
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