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ROANOKE, VA 24012

Real Estate Market Report  ·  Roanoke County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
127
⇧ 76.4% vs 72 last year
Pending
40
31% pending ratio
Median Price
$249,950
⇩ 7.5% vs $270,075 last year
Average Price
$264,365
⇩ 13.1% vs $304,073 last year
Days on Market
64
⇧ 36.2% vs 47 days last year

Market Context

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

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

Market Analysis

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

The ROANOKE, VA real estate market (24012) currently shows 127 active listings, with 40 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 47 days last year.

The median listing price has fallen 7.5% year-over-year, from $270,075 to $249,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 72 last year
  • Days on market: 64 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $249,950 (-7.5% YoY)
  • Average: $264,365 (-13.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 631 listings ($244,762,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24012Roanoke, VA 240120.0 mi127$33,574,355$249,950$264,365
24013Roanoke, VA 240133.6 mi45$7,385,400$162,000$164,120
24011Roanoke, VA 240113.9 mi1$2,100,000$2,100,000$2,100,000
24017Roanoke, VA 240175.3 mi91$18,814,250$199,919$206,750
24015Roanoke, VA 240156.1 mi51$17,052,258$315,000$334,358
24014Roanoke, VA 240146.4 mi61$29,069,367$339,999$476,547
24175Troutville, VA 241757.9 mi27$15,881,940$399,000$588,220
24095Goodview, VA 2409510.9 mi17$13,159,632$529,950$774,096
24153Salem, VA 2415312.0 mi159$64,381,008$384,950$404,912
24122Montvale, VA 2412213.4 mi0$0$309,950$309,950
24090Fincastle, VA 2409014.6 mi18$14,716,350$541,200$817,575
24184Wirtz, VA 2418417.1 mi29$22,314,630$444,900$769,470
24070Catawba, VA 2407017.7 mi5$6,313,335$1,275,000$1,262,667

Frequently Asked Questions

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

As of January 2026, there are 127 active listings in ROANOKE, VA (zip code 24012), compared to 72 the prior year.

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

The median listing price in ROANOKE, VA 24012 is $249,950 as of January 2026, a 7.5% decrease from $270,075 the prior year.

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

Homes in ROANOKE, VA 24012 spend an average of 64 days on the market before going under contract, compared to 47 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 January 2026, ROANOKE, VA 24012 is currently a Buyer's Market. Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 47 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 $4,999 compared to a typical 5% commission on the median listing price of $249,950. 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.