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 1,896 residential properties sold. As of July 2026, the median price for a single-family home is $206,500, with a median AVM value of $231,000 for properties sold in the last year.
There are 255 involuntary liens on 219 properties, 46 in pre-foreclosure, and 21,528 properties with more than 50% equity in Roanoke city. The market also includes 11,380 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
32,684
Total Home Sales
1,872 12 mo. trend
Median Home Price
$206,50012 mo. trend
Average Loan-to-Value
31.4%
Current Pre-foreclosures
46
% of Properties in Distress
0.14%
Total Involuntary Liens
255
% of High Equity Homes
65.87%
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 ($286,000), 24018 ($381,000), 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.