Loudon-Melrose, VA Housing Market

Homes for sale

The median sale price of a home in Loudon-Melrose was $149K last month, up 19.2% since last year. The median sale price per square foot in Loudon-Melrose is $174, up 7.7% since last year.

Trends
Demand
Schools
Climate
Transportation

Loudon-Melrose Housing Market Trends

What is the housing market like in Loudon-Melrose today?

In October 2024, Loudon-Melrose home prices were up 19.2% compared to last year, selling for a median price of $149K.

$188K

Sale Price

+50.4%
since last year

$174

Sale $/Sq. Ft.

+7.7%
since last year

Over List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Loudon-Melrose 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.

View houses in Loudon-Melrose that sold recently

Recently sold homes

SOLD DEC 12, 2024
$60,000 Last Sold Price
2 beds
1 bath
928 sq ft
1611 Gilmer Ave NW, Roanoke, VA 24017
List Price
$70,000
Sale to List
14% under list
Days on Market
89 days
1611 Gilmer Ave NW, Roanoke, VA 24017
SOLD SEP 26, 2024
$188,000 Last Sold Price
3 beds
1 bath
1,077 sq ft
1414 Gilmer Ave NW, Roanoke, VA 24017
List Price
$179,000
Sale to List
5% over list
Days on Market
117 days
1414 Gilmer Ave NW, Roanoke, VA 24017
SOLD AUG 23, 2024
$110,000 Last Sold Price
3 beds
1 bath
876 sq ft
1419 Gilmer Ave NW, Roanoke, VA 24017
List Price
$129,900
Sale to List
15% under list
Days on Market
33 days
1419 Gilmer Ave NW, Roanoke, VA 24017

Schools in Loudon-Melrose

Learn about schools in the Loudon-Melrose area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Loudon-Melrose housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Loudon-Melrose.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Loudon-Melrose

Learn about the walkability, bikeability, and transit-friendliness of Loudon-Melrose

47 / 100

Car-Dependent

Walk Score®

33 / 100

Some Transit

Transit Score®

39 / 100

Somewhat Bikeable

Bike Score®

More real estate resources for Loudon-Melrose

New Listings in Loudon-Melrose

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