Market report, updated

Market Report

Search in the region of 0240 - Roanoke County - West

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Report prepared by Roanokepropertiesforsale.com Red Key Realty

Market at a glance

Over the last 6 months, homes sold for 97.8% of list price in 43 days on average.

Average price, last 12 months

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

List · $346K Sold · $337K
$430K$380K$330K$280K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 24 sales in Apr. Last month: 14.

Where the market stands

All homes in this report, by status.

186homes
Active60 · 32%
Under contract22 · 12%
Sold (6 mo)104 · 56%

Buyer's or seller's market?

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

3.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$362K
Under contract$399K
Sold$379K

Average days on market

Active101 days
Under contract39 days
Sold43 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 60
Average list price $361,634
Avg. days on market 101 days
Avg. price per ft² $206 Based on 46 of 60 homes
Avg. living area 2,120 ft² Based on 46 of 60 homes
Avg. beds / baths 3.6 / 2.5

Price vs. living area

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

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

$1.5M$1M$500K$0

Price vs. living area: 46 homes plotted, up to $1.5M 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.

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

Highest price per ft²

Top 7 homes in this status.

5809 Twine Hollow Rd$412
3870 Harborwood Rd$396
3663 Bradshaw Rd$322
2521 Woods Meadow Ct$265
4851 Bradshaw Rd$264
4738 Moore Rd$250
5391 Latah St$239

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
524 Mendham WaySalem, VA 24153 432,021$410,000$2022 days
4633 Nevis DrSalem, VA 24153 321,973$399,950$2023 days
2619 Puckett CirSalem, VA 24153 322,000$279,900$1393 days
1708 Richland Hills DrSalem, VA 24153 421,841$348,000$1896 days
5665 Blacksburg RdCatawba, VA 24070 555,588$1,049,500$1878 days
1838 Red LnSalem, VA 24153 311,244$170,000$1369 days
2647 Puckett CirSalem, VA 24153 421,865$374,950$2019 days
5205 Arrowhead TrlSalem, VA 24153 432,194$445,000$20211 days
000 W Main StSalem, VA 24153 ———$75,000—13 days
00 Creekside DrSalem, VA 24153 ———$16,000—13 days
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Questions about this market?

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