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0110 - City of Roanoke - Downtown 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 98.9% of list price in 76 days on average.

Average price, last 12 months

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

List · $380K Sold · $351K
$420K$330K$240K$150K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Jun. Last month: 2.

Where the market stands

All homes in this report, by status.

30homes
Active16 · 53%
Under contract1 · 3%
Sold (12 mo)13 · 43%

Buyer's or seller's market?

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

9.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$735K
Under contract$1.59M
Sold$289K

Average days on market

Active100 days
Under contract140 days
Sold76 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 16
Average list price $735,425
Avg. days on market 100 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 6 homes in this status.

109 Campbell Ave Sw$392
406 Fairfax Ave Nw Unit B$183
406 Firfx Ve Nw Unit A$183
418 Fairfax Ave Nw Unit B$169
418 Firfx Ve Nw Unit A$169
204 S Jefferson St Unit # 2$143

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2001 Memorial Ave SwRoanoke, VA 24015 ———$480,000—19 days
917 10th St NwRoanoke, VA 24016 ———$325,000—45 days
418 Fairfax Ave Nw Unit BRoanoke, VA 24016 331,769$299,000$16960 days
418 Firfx Ve Nw Unit ARoanoke, VA 24016 331,769$299,000$16960 days
406 Fairfax Ave Nw Unit BRoanoke, VA 24016 331,769$325,000$18360 days
406 Firfx Ve Nw Unit ARoanoke, VA 24016 331,769$325,000$18360 days
110 Campbell Ave SwRoanoke, VA 24011 ———$3,595,000—81 days
17th St NeRoanoke, VA 24012 ———$19,500—8 days
419 Gilmer Ave NwRoanoke, VA 24016 ———$15,400—121 days
204 S Jefferson St Unit # 2Roanoke, VA 24011 ——3,899$560,000$14375 days
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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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