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ROANOKE, VA 24012

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ROANOKE, VA real estate market (24012) currently shows 141 active listings, with 59 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 46 days last year.

The median listing price has risen 8.5% year-over-year, from $249,975 to $271,275.

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: 29,545  ·  Density: 561.0/mi²  ·  Median household income: $50,857

Typical home value: $160,093  ·  Homeownership: 56.8%

Market Overview

Active Listings
141
⇧ 36.9% vs 103 last year
Pending
59
42% pending ratio
Median Price
$271,275
⇧ 8.5% vs $249,975 last year
Average Price
$292,076
⇧ 2.9% vs $283,742 last year
Days on Market
55
⇧ 19.6% vs 46 days last year

Price Per Square Foot

Median $/sqft
$181
⇩ 5.2% vs $191/sqft last year
Median Home Size
1,628 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 141 this year vs 103 last year
  • Days on market: 55 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $271,275 (+8.5% YoY)
  • Average: $292,076 (+2.9% 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 19.5 miles — 714 listings ($303,610,183 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24012Roanoke, VA 240120.0 mi123$35,036,796$269,925$284,852
24013Roanoke, VA 240133.6 mi45$7,448,490$169,813$165,522
24011Roanoke, VA 240113.9 mi1$2,100,000$2,100,000$2,100,000
24017Roanoke, VA 240175.3 mi86$18,039,016$199,950$209,756
24015Roanoke, VA 240156.1 mi51$17,549,151$303,825$344,101
24014Roanoke, VA 240146.4 mi64$31,187,968$347,250$487,312
24175Troutville, VA 241757.9 mi32$13,108,992$367,000$409,656
24095Goodview, VA 2409510.9 mi15$11,469,600$529,950$764,640
24153Salem, VA 2415312.0 mi161$67,567,836$404,288$419,676
24065Boones Mill, VA 2406514.1 mi15$8,185,530$649,950$545,702
24059Bent Mountain, VA 2405917.0 mi7$5,165,601$419,825$737,943
24121Moneta, VA 2412117.3 mi103$81,870,580$589,225$794,860
24066Buchanan, VA 2406619.5 mi11$4,880,623$378,950$443,693

Frequently Asked Questions

How many homes are for sale in ROANOKE, VA 24012?

As of March 2026, there are 141 active listings in ROANOKE, VA (zip code 24012), compared to 103 the prior year.

What is the median home price in ROANOKE, VA 24012?

The median listing price in ROANOKE, VA 24012 is $271,275 as of March 2026, a 8.5% increase from $249,975 the prior year.

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

Homes in ROANOKE, VA 24012 spend an average of 55 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in ROANOKE, VA 24012?

Based on current inventory and days-on-market data as of March 2026, ROANOKE, VA 24012 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 46 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 24012 save an estimated $5,426 compared to a typical 5% commission on the median listing price of $271,275. 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.