Roanoke, AL 36274 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Roanoke, AL—36274

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$142,000

1.9% YoY Growth

Household Income

$43,700

7.7% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Roanoke, AL

Roanoke, AL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$142,000	1.9%
Single Family	$142,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Roanoke, AL

Roanoke, AL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.5%

1 Bedroom

24.9%

2 Bedrooms

24.9%

3 Bedrooms

36.5%

4 Bedrooms

6.4%

5+ Bedrooms

3.8%

Property Listings — Roanoke, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Roanoke, AL is 68. This is a increase of 8.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$200,000	-9.0%
Listing Count	34	20.0%
Listings as % of Homes	0.4%	20.0%
Days on Market	74	-3.0%

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Demographics — Roanoke, AL

As of the latest ACS Survey released in 2023, Roanoke, AL has a population of 9,830, which has decreased by -13.0% over the past 5 years. Roanoke, AL is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,830	-13.0%
% Under 18	20.1%	-6.1%
% Seniors	23.6%	26.9%
% WFH	2.7%	92.9%
% w/ College Degree	18.0%	19.2%

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As of the latest ACS Survey released in 2023, Roanoke, AL is a predominantly white area, with 63.9% 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, AL is black, making up 29.5% of the population. Foreign-born residents account for 1.3% of the population in Roanoke, AL, and this percentage has decreased by 18.8% 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	63.9%	-8.1%
% Black	29.5%	8.1%
% Hispanic	1.7%	-22.7%
% Asian	0.0%	N/A
% Foreign Born	1.3%	-18.8%

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Mortgage and Risk — Roanoke, AL

According to HUD data as of 2023, there were 90 mortgage originations in Roanoke, AL, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Roanoke, AL. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	90
% Conventional Loans	52.0%
% Government Loans	48.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Roanoke, AL

Roanoke, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	171
Total Units Section 8	121
% Rentals under Section 8	N/A
% Occupied Section 8	87.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	N/A	N/A	$970
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,300

Roanoke, AL—36274

Key Metrics at a Glance

Home Price Trends — Roanoke, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roanoke, AL

% of Rental Stock

Property Listings — Roanoke, AL

Demographics — Roanoke, AL

Race and Ethnicity

Mortgage and Risk — Roanoke, AL

Mortgages

Rentals and Section 8 — Roanoke, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Roanoke, AL

Home Price to Income Ratio

Roanoke, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, AL

Wadley, AL

Franklin, GA

Lagrange, GA

Lafayette, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$142,000
Median Household Income	$43,700

Roanoke, AL—36274

Key Metrics at a Glance

Home Price Trends — Roanoke, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roanoke, AL

% of Rental Stock

Property Listings — Roanoke, AL

Demographics — Roanoke, AL

Race and Ethnicity

Mortgage and Risk — Roanoke, AL

Mortgages

Rentals and Section 8 — Roanoke, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Roanoke, AL

Home Price to Income Ratio

Roanoke, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, AL

Wadley, AL

Franklin, GA

Lagrange, GA

Lafayette, AL

Frequently Asked Questions

What is the average home price in Roanoke, AL 36274?

How have home prices in Roanoke, AL 36274 changed over the past year?

What is the home price projection for Roanoke, AL 36274?

What are the demographics of Roanoke, AL 36274?

How long does it take homes to sell in Roanoke, AL 36274?

What is the average rent price in Roanoke, AL 36274?