The Roanoke housing market is very competitive. The median sale price of a home in Roanoke was $145K last month, up 11.6% since last year. The median sale price per square foot in Roanoke is $108, down 2.7% since last year.
In December 2024, Roanoke home prices were up 11.6% compared to last year, selling for a median price of $145K.
$145K
Sale Price
+11.6% since last year
$108
Sale $/Sq. Ft.
-2.7% since last year
Over List Price
0.7%
Days on Market
29.5
Down Payment
—
Total Homes Sold
3
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How hot is the Roanoke housing market?
Roanoke is very competitive. Homes sell in 29.5 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 30 days.
Hot homes
can sell for about 5% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Roanoke housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Roanoke.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Roanoke has a minor risk of flooding. 171 properties in Roanoke are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Roanoke. Flood risk is increasing slower than the national average.
8% of properties are at risk of wildfire over the next 30 years
Fire Factor
Roanoke has a moderate risk of wildfire. There are 81 properties in Roanoke that have some risk of being affected by wildfire over the next 30 years. This represents 8% of all properties in Roanoke.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Roanoke has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Roanoke is most at risk from hurricanes. 1,008 properties in Roanoke have some risk of being in a severe wind event within the next 30 years.