Roanoke, VA
Housing market overview · Updated weekly
$233,850median sale price
Homes sold
82
Last 12 weeks
Days on market
56
Average pace
Active listings
283
3.5 months supply
Sale-to-list
96.2%
Below asking
The Roanoke housing market is currently classified as a balanced market with a median sale price of $233,850. Prices have risen 6.3% compared to last year, with homes spending an average of 56 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Roanoke
There are currently 283 homes listed for sale in Roanoke, Virginia. The median listing price is $270K.
Active listings
283
Homes on market
Median list price
$270K
Avg. days on market
56
Days until sale
New this week
104
Newly listed
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Frequently asked questions
What is the average home price in Roanoke?
The median home sale price in Roanoke is $233,850, up 6.3% from last year.
How long do homes stay on market in Roanoke?
Homes typically spend 56 days on market before going under contract.
Is Roanoke a buyer's or seller's market?
With 3.5 months of supply, Roanoke is currently a balanced market.
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