Roanoke, VA Home Values & Market Trends
Real estate market trends reflect that there have been 2,678 transactions over the past year in Roanoke. The median value for residential home transactions that occurred over the previous year is $241,531.39. The number of current listings in Roanoke is 150, and the percentage of properties for sale in the city is 150.00%. Roanoke, VA currently has 55 properties in foreclosure, 8 bank owned properties, 47 properties headed for auction, and 150 properties for sale.
Roanoke, VA Real Estate Market Overview
Housing Market Summary for Roanoke, VA
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $287.5K | $245.3K | -14.68% |
| Median Sold Price | $187.1K | $245.3K | 31.07% |
| Homes For Sale | 148 | 174 | 17.57% |
| Homes Sold | 1,258 | 1,687 | 34.10% |
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
Recently Sold
$156,953
Sold Price3 beds
1 baths
899 sqft
7,505 sqft lot
2922 Forest Hill Ave Nw, Roanoke, VA 24012
Recently Sold
$261,655
Sold Price3 beds
2 baths
1,715 sqft
87,120 sqft lot
3124 Blue Ridge Blvd, Roanoke, VA 24012
Recently Sold
$340,442
Sold Price4 beds
3 baths
2,064 sqft
43,560 sqft lot
6821 Stonington Rd, Roanoke, VA 24019
Browse Homes in Roanoke, VA
Roanoke home values range from $21,370 to $10,759,531. The median estimated value of a home in Roanoke is $241,531.39. The median list price of a home is 274,475, and the total count of properties in the city is 56,594.
- 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 $212,158 in 24018 to the lowest value of $103,317 in 24012. Bank owned homes and properties account for 0.01% of properties in Roanoke, VA. There are 10 zips within Roanoke, VA; 24017 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions24012 has 13 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 0.08% 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 $255,444 in 24019 to the lowest value of $61,705 in 24019.
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More Real Estate Resources for Roanoke, VA
Guide for Roanoke, VA
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?
Want to learn about the foreclosure process? Our article explains it all.
How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.