The median sale price of a home in Roanoke City was $218K last month, up 7.4% since last year. The median sale price per square foot in Roanoke City is $135, up 8.4% since last year.
What is the housing market like in Roanoke City today?
In March 2024, Roanoke City home prices were up 7.4% compared to last year, selling for a median price of $218K. On average, homes in Roanoke City sell after 12 days on the market compared to 5 days last year. There were 128 homes sold in March this year, up from 104 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$217,500
+7.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Roanoke City, VA
$217,500
+7.4%
United States
To compare other locations to the Roanoke City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia add value to a home.
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How hot is the Roanoke City housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.3%
-1.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Roanoke City, VA
98.3%
-1.4 pt
United States
Home offer insights for Roanoke City
Explore recent offers and recently sold homes in Roanoke City
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 City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Roanoke City.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Roanoke City has a moderate risk of flooding. 6,570 properties in Roanoke City are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Roanoke City. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
Roanoke City has a moderate risk of wildfire. There are 6,224 properties in Roanoke City that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in Roanoke City.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Roanoke City has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Roanoke City is most at risk from hurricanes. 44,317 properties in Roanoke City have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 51 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.