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ROANOKE, VA 24017

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

Market Overview

Active Listings
91
⇧ 89.6% vs 48 last year
Pending
32
35% pending ratio
Median Price
$199,919
⇩ 4.8% vs $210,000 last year
Average Price
$206,750
⇧ 5.4% vs $196,142 last year
Days on Market
83
⇧ 76.6% vs 47 days last year

Market Context

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

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

Market Analysis

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

The ROANOKE, VA real estate market (24017) currently shows 91 active listings, with 32 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 47 days last year.

The median listing price has fallen 4.8% year-over-year, from $210,000 to $199,919.

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: 91 this year vs 48 last year
  • Days on market: 83 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $199,919 (-4.8% YoY)
  • Average: $206,750 (+5.4% 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 18.3 miles — 716 listings ($269,414,293 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24017Roanoke, VA 240170.0 mi91$18,814,250$199,919$206,750
24015Roanoke, VA 240152.8 mi51$17,052,258$315,000$334,358
24019Roanoke, VA 240194.0 mi99$35,532,783$325,000$358,917
24012Roanoke, VA 240125.3 mi127$33,574,355$249,950$264,365
24014Roanoke, VA 240146.5 mi61$29,069,367$339,999$476,547
24153Salem, VA 241536.8 mi159$64,381,008$384,950$404,912
24175Troutville, VA 241759.5 mi27$15,881,940$399,000$588,220
24065Boones Mill, VA 2406512.3 mi14$7,881,608$549,925$562,972
24064Blue Ridge, VA 2406413.0 mi19$6,597,484$349,450$347,236
24101Hardy, VA 2410113.3 mi40$21,512,800$449,825$537,820
24087Elliston, VA 2408714.8 mi5$1,527,590$219,999$305,518
24090Fincastle, VA 2409017.0 mi18$14,716,350$541,200$817,575
24162Shawsville, VA 2416218.3 mi5$2,872,500$574,500$574,500

Frequently Asked Questions

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

As of January 2026, there are 91 active listings in ROANOKE, VA (zip code 24017), compared to 48 the prior year.

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

The median listing price in ROANOKE, VA 24017 is $199,919 as of January 2026, a 4.8% decrease from $210,000 the prior year.

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

Homes in ROANOKE, VA 24017 spend an average of 83 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 24017?

Based on current inventory and days-on-market data as of January 2026, ROANOKE, VA 24017 is currently a Buyer's Market. Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 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 24017 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,919. 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.