Roanoke, VA Housing Market
The Roanoke housing market is very competitive. The median sale price of a home in Roanoke was $230K last month, up 21.0% since last year. The median sale price per square foot in Roanoke is $134, up 5.9% since last year.
Roanoke Housing Market Trends
In February 2024, Roanoke home prices were up 21.0% compared to last year, selling for a median price of $230K. On average, homes in Roanoke sell after 16 days on the market compared to 12 days last year. There were 76 homes sold in February this year, down from 85 last year.
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How hot is the Roanoke housing market?
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 14 days.
- Hot homescan sell for about 1% above list price and go pending in around 3 days.
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 38 days.
- Hot homescan sell for about 1% above list price and go pending in around 6 days.
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 21 days.
- Hot homescan sell for about 1% above list price and go pending in around 4 days.
Roanoke Migration & Relocation Trends
Home offer insights for Roanoke
Recent offers
View houses in Roanoke that sold recently
Recently sold homes
- $229,000 Last Sold Price—beds—baths—sq ft1726 Patterson Ave SW, Roanoke, VA 24016List Price$239,000Sale to List4% under listDays on Market43 days1726 Patterson Ave SW, Roanoke, VA 24016
- $185,000 Last Sold Price2 beds1.5 baths1,044 sq ft7021 Oak Ct, Roanoke, VA 24018List Price$185,000Sale to List0% over listDays on Market25 days7021 Oak Ct, Roanoke, VA 24018
- $355,000 Last Sold Price3 beds2.5 baths2,088 sq ft350 Ray St, Roanoke, VA 24019List Price$319,950Sale to List11% over listDays on Market29 days350 Ray St, Roanoke, VA 24019
- $290,016 Last Sold Price3 beds2 baths1,607 sq ft6636 Little Walk Rd, Roanoke, VA 24019List Price$282,950Sale to List2% over listDays on Market397 days6636 Little Walk Rd, Roanoke, VA 24019
- $195,000 Last Sold Price3 beds1 bath965 sq ft3611 Rolling Hill Ave NW, Roanoke, VA 24017List Price$189,950Sale to List3% over listDays on Market32 days3611 Rolling Hill Ave NW, Roanoke, VA 24017
- $565,000 Last Sold Price5 beds3 baths3,795 sq ft4709 April Ln, Roanoke, VA 24012List Price$595,000Sale to List5% under listDays on Market201 days4709 April Ln, Roanoke, VA 24012
- $439,950 Last Sold Price3 beds2 baths2,046 sq ft7947 Carriage Park Dr, Roanoke, VA 24019List Price$439,950Sale to List0% over listDays on Market74 days7947 Carriage Park Dr, Roanoke, VA 24019
- $303,500 Last Sold Price3 beds2.5 baths1,683 sq ft4641 Trevino Dr NE, Roanoke, VA 24019List Price$275,000Sale to List10% over listDays on Market45 days4641 Trevino Dr NE, Roanoke, VA 24019
See all recently sold homes in Roanoke.
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Schools in Roanoke
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Bonsack Elementary School Public • PreK-5 | 367 Students | 8 reviews |
8/10 Grandin Court Elementary School Public • PreK-5 | 345 Students | 10 reviews |
7/10 Glen Cove Elementary School Public • PreK-5 | 471 Students | 2 reviews |
7/10 Green Valley Elementary School Public • PreK-5 | 538 Students | 4 reviews |
7/10 Herman L. Horn Elementary School Public • PreK-5 | 441 Students | 4 reviews |
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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Roanoke
Walk Score®
Transit Score®
Bike Score®
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