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Roanoke Market Report

$287,349

AVERAGE PRICE OF 655 HOMES

$129,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,221,750

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$360,994

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$410,074

AVERAGE PRICE OF 48 HOMES WITH A POOL

$566,465

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $287,349
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $91,070
2 bedrooms $156,869
3 bedrooms $228,450
4 bedrooms $327,378
5 bedrooms $535,838
Roanoke Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 704 757 772 779 777
Average Price $284,599 $286,288 $288,864 $287,709 $289,782
Avg Price Change -0.59% -0.90% +0.40% -0.72% +3.77%
Median Price $233,047 $230,990 $235,094 $235,954 $237,419
Med Price Change +0.89% -1.78% -0.37% -0.62% +2.79%
Avg Bedrooms 3.43 beds 3.44 beds 3.43 beds 3.39 beds 3.39 beds
Avg Bathrooms 2.17 baths 2.17 baths 2.18 baths 2.17 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cave Spring 87 $376,488 94 days
Hidden Valley 89 $415,871 78 days
Northside 81 $242,791 87 days
Patrick Henry 202 $286,410 75 days
William Fleming 136 $160,919 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 655 $287,349 77 days
Distressed Homes 2 $129,950 14 days
Multi-Million Dollar Homes 8 $1,221,750 137 days
Newly Built Homes 80 $360,994 141 days
Homes with a Pool 48 $410,074 81 days
Reduced Price Homes 13 $566,465 58 days
Catherine Weaver Realty
Lichtenstein Rowan Realtors
3621 Manassas Drive
Roanoke, VA 24018
540-815-4707
Atlantic Bay Mortgage Group
Joel Balsley
Sr. Mortgage Banker
NMLS #210455
Licensed in VA
2350 Electric Road, Suite 100 Roanoke, VA 24018
Phone #: 540-597-8877
joelbalsley@atlanticbay.com
https://www.atlanticbay.com/joelbalsley
{lastupdated 2019}
Licensed in Virginia

Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
Last updated; multiple times December 3, 2020. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2020 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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