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Cedar Bluff

ROANOKE, VA 24011

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ROANOKE, VA real estate market (24011) currently shows 2 active listings. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 16 days last year.

The median listing price has risen 86.2% year-over-year, from $724,900 to $1,349,500.

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: 723  ·  Density: 1,689.4/mi²  ·  Median household income: $59,700

Typical home value: $824,990  ·  Homeownership: 10.3%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$1,349,500
⇧ 86.2% vs $724,900 last year
Average Price
$1,349,500
⇧ 86.2% vs $724,900 last year
Days on Market
46
⇧ 187.5% vs 16 days last year

Price Per Square Foot

Median $/sqft
$292
⇧ 9.4% vs $267/sqft last year
Median Home Size
4,249 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 46 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $1,349,500 (+86.2% YoY)
  • Average: $1,349,500 (+86.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 617 listings ($251,502,265 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24011Roanoke, VA 240110.0 mi1$2,100,000$2,100,000$2,100,000
24013Roanoke, VA 240131.1 mi45$7,448,490$169,813$165,522
24017Roanoke, VA 240173.2 mi86$18,039,016$199,950$209,756
24012Roanoke, VA 240123.9 mi123$35,036,796$269,925$284,852
24077Cloverdale, VA 240776.8 mi2$331,000$165,500$165,500
24179Vinton, VA 241797.9 mi49$15,820,140$299,019$322,860
24153Salem, VA 241539.8 mi161$67,567,836$404,288$419,676
24065Boones Mill, VA 2406510.6 mi15$8,185,530$649,950$545,702
24064Blue Ridge, VA 2406411.5 mi18$7,273,926$359,250$404,107
24059Bent Mountain, VA 2405913.1 mi7$5,165,601$419,825$737,943
24174Thaxton, VA 2417416.0 mi3$667,350$222,450$222,450
24087Elliston, VA 2408717.1 mi4$1,996,000$499,000$499,000
24121Moneta, VA 2412117.9 mi103$81,870,580$589,225$794,860

Frequently Asked Questions

How many homes are for sale in ROANOKE, VA 24011?

As of March 2026, there are 2 active listings in ROANOKE, VA (zip code 24011), compared to 3 the prior year.

What is the median home price in ROANOKE, VA 24011?

The median listing price in ROANOKE, VA 24011 is $1,349,500 as of March 2026, a 86.2% increase from $724,900 the prior year.

How long do homes stay on the market in ROANOKE, VA?

Homes in ROANOKE, VA 24011 spend an average of 46 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in ROANOKE, VA 24011?

Based on current inventory and days-on-market data as of March 2026, ROANOKE, VA 24011 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 16 days last year.

How much can I save on real estate commission in ROANOKE, VA?

With SELL123.com's maximum 3% commission, sellers in ROANOKE, VA 24011 save an estimated $26,990 compared to a typical 5% commission on the median listing price of $1,349,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.