The median sale price of a home in Downtown Roanoke was $595K last month, up 140.4% since last year. The median sale price per square foot in Downtown Roanoke is $254, down 17.9% since last year.
What is the housing market like in Downtown Roanoke today?
In December 2024, Downtown Roanoke home prices were up 140.4% compared to last year, selling for a median price of $595K.
$595K
Sale Price
+164.4% since last year
$254
Sale $/Sq. Ft.
-17.9% since last year
Under List Price
4.9%
Days on Market
100
Down Payment
—
Total Homes Sold
2
To compare other locations to the Downtown Roanoke and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Roanoke add value to a home.
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View houses in Downtown Roanoke that sold recently
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Climate's impact on Downtown Roanoke housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Roanoke.
Flood Factor - Minor
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Roanoke has a minor risk of flooding. 123 properties in Downtown Roanoke are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in Downtown Roanoke. Flood risk is increasing slower than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Roanoke has a moderate risk of wildfire. There are 65 properties in Downtown Roanoke that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in Downtown Roanoke.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Roanoke has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Roanoke is most at risk from hurricanes. 527 properties in Downtown Roanoke 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 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Roanoke has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Roanoke have a Major Heat Factor®.
Downtown Roanoke is expected to see a 142% increase in the number of days over 101ºF over the next 30 years. Downtown Roanoke is expected to experience 5