Housing in Roanoke, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$194,500
Median List Price
$259,950
Price Per Sq Ft
$124
Days on Market
45
Active Inventory
291
Months of Supply
3.4
Seller's market
Zillow Home Value
$269,569
ZHVI — January 2026
Zillow Rent Index
$1,345
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.5%
Off Market in 2 Weeks
37.9%
Sale-to-List Ratio
95.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
86
New Listings
107
Pending Sales
95
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$124
Median List $/SF
$169
Roanoke vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Roanoke is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$180,500
Median Rent
$964
Total Housing Units
48,931
Vacancy Rate
11.2%
Owner Occupied
51.7%
Renter Occupied
48.3%
Median Property Tax
$1,828
per year
Monthly Cost (w/ Mortgage)
$1,003
Housing Types
The current median sale price in Roanoke, VA is $194,500 according to Redfin data. Homes spend a median of 45 days on the market. 10.5% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $124. Zillow's observed rent index is $1,345/month. About 51.7% of housing units are owner-occupied. The median year homes were built is 1959. There are 48,931 total housing units.