Roanoke, VA Housing Market
The Roanoke housing market is very competitive. The median sale price of a home in Roanoke was $228K last month, up 13.9% since last year. The median sale price per square foot in Roanoke is $126, up 0.8% since last year.
Roanoke Housing Market Trends
In April 2024, Roanoke home prices were up 13.9% compared to last year, selling for a median price of $228K. On average, homes in Roanoke sell after 7 days on the market compared to 11 days last year. There were 100 homes sold in April this year, up from 94 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 1% below list price and go pending in around 7 days.
- Hot homescan sell for about 3% 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 around list price and go pending in around 16 days.
- Hot homescan sell for about 2% 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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 15 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
Roanoke Migration & Relocation Trends
Home offer insights for Roanoke
Recent offers
View houses in Roanoke that sold recently
Recently sold homes
- $1,490,000 Last Sold Price5 beds7 baths6,558 sq ft507 Audubon Rd SW, Roanoke, VA 24014List Price$1,565,785Sale to List5% under listDays on Market122 days507 Audubon Rd SW, Roanoke, VA 24014
- $282,000 Last Sold Price3 beds1.5 baths1,674 sq ft7717 Creek Cir, Roanoke, VA 24018List Price$290,000Sale to List3% under listDays on Market37 days7717 Creek Cir, Roanoke, VA 24018
- $185,000 Last Sold Price2 beds1.5 baths1,044 sq ft7222 Woods Crossing Dr, Roanoke, VA 24018List Price$185,000Sale to List0% over listDays on Market27 days7222 Woods Crossing Dr, Roanoke, VA 24018
- $740,000 Last Sold Price4 beds4 baths4,393 sq ft5653 Club Ln, Roanoke, VA 24018List Price$783,000Sale to List5% under listDays on Market51 days5653 Club Ln, Roanoke, VA 24018
- $275,000 Last Sold Price3 beds2 baths1,968 sq ft4704 Old Mountain Rd NE, Roanoke, VA 24019List Price$278,850Sale to List1% under listDays on Market46 days4704 Old Mountain Rd NE, Roanoke, VA 24019
- $393,000 Last Sold Price3 beds2 baths1,834 sq ft1310 Keagy Ln SW, Roanoke, VA 24018List Price$389,000Sale to List1% over listDays on Market31 days1310 Keagy Ln SW, Roanoke, VA 24018
- $247,000 Last Sold Price4 beds2.5 baths1,700 sq ft719 Highland Ave SE, Roanoke, VA 24013List Price$239,950Sale to List3% over listDays on Market38 days719 Highland Ave SE, Roanoke, VA 24013
- $750,000 Last Sold Price4 beds3.5 baths3,793 sq ft2501 Stanley Ave SE, Roanoke, VA 24014List Price$750,000Sale to List0% over listDays on Market79 days2501 Stanley Ave SE, Roanoke, VA 24014
See all recently sold homes in Roanoke.
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Schools in Roanoke
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Grandin Court Elementary School Public • PreK-5 | 341 Students | 11 reviews |
8/10 Mount Pleasant Elementary School Public • PreK-5 | 275 Students | 2 reviews |
8/10 Oak Grove Elementary School Public • PreK-5 | 395 Students | 10 reviews |
8/10 Bonsack Elementary School Public • PreK-5 | 352 Students | 8 reviews |
7/10 East Salem Elementary School Public • PreK-5 | 437 Students | 10 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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