Featuring Property Focus AI™
Roanoke City Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Roanoke city saw 1,548 residential properties sold. As of June 2025, the median price for a single-family home is $205,000, with a median AVM value of $227,000 for properties sold in the last year.
There are 198 involuntary liens on 169 properties, 80 in pre-foreclosure, and 22,558 properties with more than 50% equity in Roanoke city. The market also includes 13,151 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
32,135
Total Home Sales
1,537 12 mo. trend
Median Home Price
$205,00012 mo. trend
Average Loan-to-Value
26.9%
Current Pre-foreclosures
80
% of Properties in Distress
0.25%
Total Involuntary Liens
198
% of High Equity Homes
70.2%
Markets Nearby Roanoke City
The cities and zip codes below highlight the highest-value real estate markets within Roanoke city, ranked by median home sale prices. Top areas include Roanoke ($281,000), 24018 ($373,000), and 24015 ($319,000), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.