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ROANOKE, VA 24017

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

Market Analysis

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

The ROANOKE, VA real estate market (24017) currently shows 97 active listings, with 40 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 33 days last year.

The median listing price has risen 2% year-over-year, from $203,738 to $207,763.

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: 23,756  ·  Density: 1,016.3/mi²  ·  Median household income: $43,097

Typical home value: $127,825  ·  Homeownership: 50.2%

Market Overview

Active Listings
97
⇧ 21.3% vs 80 last year
Pending
40
41% pending ratio
Median Price
$207,763
⇧ 2% vs $203,738 last year
Average Price
$214,265
⇧ 9% vs $196,557 last year
Days on Market
54
⇧ 63.6% vs 33 days last year

Price Per Square Foot

Median $/sqft
$157
⇧ 14.6% vs $137/sqft last year
Median Home Size
1,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 80 last year
  • Days on market: 54 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $207,763 (+2% YoY)
  • Average: $214,265 (+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 18.3 miles — 719 listings ($279,264,296 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24017Roanoke, VA 240170.0 mi86$18,039,016$199,950$209,756
24015Roanoke, VA 240152.8 mi51$17,549,151$303,825$344,101
24019Roanoke, VA 240194.0 mi101$36,816,015$332,488$364,515
24012Roanoke, VA 240125.3 mi123$35,036,796$269,925$284,852
24014Roanoke, VA 240146.5 mi64$31,187,968$347,250$487,312
24153Salem, VA 241536.8 mi161$67,567,836$404,288$419,676
24175Troutville, VA 241759.5 mi32$13,108,992$367,000$409,656
24065Boones Mill, VA 2406512.3 mi15$8,185,530$649,950$545,702
24064Blue Ridge, VA 2406413.0 mi18$7,273,926$359,250$404,107
24101Hardy, VA 2410113.3 mi42$23,925,636$460,725$569,658
24087Elliston, VA 2408714.8 mi4$1,996,000$499,000$499,000
24090Fincastle, VA 2409017.0 mi18$15,860,430$542,050$881,135
24162Shawsville, VA 2416218.3 mi4$2,717,000$679,250$679,250

Frequently Asked Questions

How many homes are for sale in ROANOKE, VA 24017?

As of April 2026, there are 97 active listings in ROANOKE, VA (zip code 24017), compared to 80 the prior year.

What is the median home price in ROANOKE, VA 24017?

The median listing price in ROANOKE, VA 24017 is $207,763 as of April 2026, a 2% increase from $203,738 the prior year.

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

Homes in ROANOKE, VA 24017 spend an average of 54 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in ROANOKE, VA 24017?

Based on current inventory and days-on-market data as of April 2026, ROANOKE, VA 24017 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 33 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 24017 save an estimated $4,155 compared to a typical 5% commission on the median listing price of $207,763. 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.