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Roanoke County 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 98.2% 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 · $391K Sold · $383K
$430K$400K$370K$340K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 149 sales in Jun. Last month: 80.

Where the market stands

All homes in this report, by status.

1,841homes
Active418 · 23%
Under contract163 · 9%
Sold (12 mo)1,260 · 68%

Buyer's or seller's market?

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

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$416K
Under contract$410K
Sold$390K

Average days on market

Active88 days
Under contract45 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 418
Average list price $416,328
Avg. days on market 88 days
Avg. price per ft² $194
Avg. living area 2,247 ft²
Avg. beds / baths 3.5 / 2.8

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.

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

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 206 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.

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

Highest price per ft²

Top 7 homes among the newest.

9243 Patterson Dr$642
Layman Rd Ne$371
5442 The Peaks Dr Unit # 209$364
4675 Layman Rd Ne$305
4675 Layman Rd Ne$305
4840 Branch Rd$304
4665 Layman Rd Ne$297

All active listings (418)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
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
1660 Indian Rock RdRoanoke, VA 24014 531,692$277,777$1641 day
524 Mendham WaySalem, VA 24153 432,021$410,000$2021 day
4548 Cresthill DrRoanoke, VA 24018 422,046$339,000$1650 days
3726 View AveRoanoke, VA 24018 431,841$385,000$2091 day
4314 Gearhart RdRoanoke, VA 24014 21832$179,000$2151 day
3330 Longhorn RdRoanoke, VA 24018 332,426$379,000$1561 day
2036 Elizabeth DrVinton, VA 24179 422,152$309,950$1441 day
8346 Leighburn DrRoanoke, VA 24019 431,910$414,950$2171 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.

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