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Roanoke Market Report

$836,357

AVERAGE PRICE OF 58 HOMES

$3,318,105

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$576,323

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$1,318,062

AVERAGE PRICE OF 11 HOMES WITH A POOL

$219,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $836,357
Avg Bedrooms 2.22 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $895,000
2 bedrooms $174,900
3 bedrooms $453,024
4 bedrooms $655,485
5 bedrooms $3,065,633
Roanoke Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 58 67 70 82 87
Average Price $791,989 $623,754 $577,939 $545,075 $521,599
Avg Price Change +26.97% +7.93% +6.03% +4.50% +2.58%
Median Price $518,156 $551,293 $541,881 $545,621 $505,462
Med Price Change -6.40% +1.74% -0.69% +7.95% +6.17%
Avg Bedrooms 2.18 beds 2.39 beds 2.51 beds 2.75 beds 2.81 beds
Avg Bathrooms 2.22 baths 2.35 baths 2.42 baths 2.66 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Byron Nelson 49 $747,080 166 days
James M Steele Accelerated 2 $4,086,950 206 days
Northwest 3 $284,625 287 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 58 $836,357 183 days
Multi-Million Dollar Homes 7 $3,318,105 305 days
Newly Built Homes 20 $576,323 134 days
Homes with a Pool 11 $1,318,062 188 days
Reduced Price Homes 1 $219,500 239 days