Roanoke, VA—24011
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roanoke, VA
Roanoke, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roanoke, VA
As of July '25, Rentcast reports the average rent in Roanoke, VA is $1,110, with a year-over-year rent change of -13.3%. Per bedroom, the median rent as of July '25 in Roanoke, VA is studios: $595, 1-bedrooms: $1,160, 2-bedrooms: $1,850. The most common rental property sizes in Roanoke, VA are 1-bedroom and studio, accounting for 64.7% and 20.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,110 |
| Studio Rent | $595 | $595 |
| 1 Bed Rent | $995 | $1,160 |
| 2 Bed Rent | $1,850 | $1,850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Roanoke, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Roanoke, VA is 104. This is a increase of 81.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,100,000 | 72.0% |
Listing Count | 1 | -55.0% |
| Listings as % of Homes | N/A | -55.0% |
Days on Market | 104 | 81.0% |
Demographics — Roanoke, VA
As of the latest ACS Survey released in 2023, Roanoke, VA has a population of 789, which has increased by 78.1% over the past 5 years. Roanoke, VA is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 82.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 789 | 78.1% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 8.7% | 10.1% |
% WFH | 23.7% | 1,592.9% |
% w/ College Degree | 82.5% | 10.6% |
As of the latest ACS Survey released in 2023, Roanoke, VA is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Roanoke, VA is black, making up 13.7% of the population. Foreign-born residents account for 6.7% of the population in Roanoke, VA, and this percentage has decreased by 35.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.4% | -8.1% |
% Black | 13.7% | 372.4% |
% Hispanic | 6.5% | 44.4% |
% Asian | 1.5% | -88.1% |
% Foreign Born | 6.7% | -35.6% |
Mortgage and Risk — Roanoke, VA
Roanoke, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Roanoke, VA
Roanoke, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $5 | $995 | $1,000 |
| 2 Bedroom | -$650 | $1,850 | $1,200 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Roanoke, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $55,900 |