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City / Town Overview

Roanoke, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Roanoke, VA real estate market currently shows 719 active listings, with 291 pending sales. Homes are averaging 61.8 days on the market before going under contract.

Inventory has increased compared to last year, with 179 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61.8 days on market compared to 42.1 days last year.

The median listing price has risen 4.4% year-over-year, from $304,228 to $317,531.

Whether you are buying or selling in Roanoke, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 170,964  ·  Density: 666.4/mi²  ·  Median household income: $64,452

Typical home value: $208,458  ·  Homeownership: 61.6%

Included Areas

Northside: 24004, 24006, 24008, 24010, 24024, 24026, 24028, 24034, 24040, 24042

West End: 24016, 24023, 24025, 24027, 24029, 24030, 24031, 24033, 24038

Roanoke: 24001, 24003, 24007, 24012, 24014, 24050, 24155, 24157

Old Wilkins: 24022, 24032, 24036, 24037

Cedar Bluff: 24005, 24009, 24011

Buena Vista: 24013, 24043

Rugby: 24002

Center Hill: 24015

Fairview: 24017

Homeplace: 24018

Sunnybrook: 24019

Hollins Court: 24020

Fairmount: 24035

Area Map

Market Overview

Active Listings
719
⇧ 33.1% vs 540 last year
Pending
291
40% pending ratio
Median Price
$317,531
⇧ 4.4% vs $304,228 last year
Average Price
$355,810
⇩ 1.5% vs $361,291 last year
Days on Market
61.8
⇧ 46.8% vs 42 days last year

Price Per Square Foot

Median $/sqft
$179
⇧ 1.6% vs $176/sqft last year
Median Home Size
1,821 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %