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Roanoke Home Values and Market Report

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Report prepared by Roanokepropertiesforsale.com Red Key Realty

Market at a glance

Over the last 12 months, homes sold for 97.7% of list price in 44 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $346K Sold · $338K
$360K$330K$300K$270K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 256 sales in May. Last month: 164.

Where the market stands

All homes in this report, by status.

3,457homes
Active837 · 24%
Under contract282 · 8%
Sold (12 mo)2,338 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$341K
Under contract$361K
Sold$325K

Average days on market

Active94 days
Under contract44 days
Sold44 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 837
Average list price $340,947
Avg. days on market 94 days
Avg. price per ft² $178
Avg. living area 2,001 ft²
Avg. beds / baths 3.4 / 2.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

45 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 204 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

227 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

2220 Manning Rd Ne$412
Layman Rd Ne$371
5442 The Peaks Dr Unit # 209$364
2125 Yellow Mountain Rd Se Unit APT 209$348
2517 Maiden Ln Sw$319
437 Savannah Dr Ne$317
4675 Layman Rd Ne$305

All active listings (837)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1927 Windsor Ave Sw Unit 1, 2, 3Roanoke, VA 24015 ———$480,000—0 days
1410 9th St SeRoanoke, VA 24013 21892$155,000$1730 days
813 Dale Ave SeRoanoke, VA 24013 321,908$95,000$490 days
139 Monterey Ave NeRoanoke, VA 24012 321,770$289,950$1630 days
1443 Greenbrier Ave SeRoanoke, VA 24013 311,610$199,950$1240 days
6270 Smokey Ridge RdRoanoke, VA 24018 432,385$375,787$1570 days
3406 Kim Ct Unit APT B23Roanoke, VA 24018 221,074$225,000$2091 day
102 14th St SwRoanoke, VA 24016 ———$9,250—1 day
2736 Creston Ave SwRoanoke, VA 24015 432,314$399,000$1721 day
1660 Indian Rock RdRoanoke, VA 24014 531,692$277,777$1641 day
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Roanokepropertiesforsale.com Red Key Realty

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