Metropolitan market · Virginia · June 2026 data

Roanoke Real Estate Market

The Roanoke, VA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Roanoke report in a click.

Median listing price
$394,950
▲ 9.5% YoY
Median $ / sq ft
$195
2,029 sq ft median
Median days on market
54
June 2026
Active listings
1,053
For sale now
New listings
464
June 2026
Listings with price cuts
25%
Share of active
Median sale price (closed)
$319,950
▼ 0.0% YoY · closed sales
Sale-to-list ratio
98.5%
Closed sales
Homes sold / month
384
Closed sales
Median listing price trend
$395K$384K$372K$361K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Roanoke VA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$395K$357K$320K$282K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Roanoke VA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
1,053
New this month
464
Pending
547
Price-reduced
264

As of June 2026, the median home listed in Roanoke, VA asks $394,950 — up 9.5% from a year ago. Homes are taking a median of 54 days to go under contract, and 25% of the 1,053 active listings have taken a price cut, which points to a balanced market. Figures cover the Roanoke, VA metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
47/100
#518 of 932 covered metros
12-month outlook
-0.8%
Flat · model output, not advice
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
Momentum
42
Value
43
Rental yield
42
Supply risk
46
Market heat
60

Roanoke scores 47/100 on our composite Investor Score (#518 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 57% over five years and +96% over ten, leaving prices 51% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,200/mo for a two-bedroom, the gross rental yield on the median listing is about 3.6%; active inventory sits at 80% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 9.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Roanoke ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,780/mo
−$202/mo vs today
At today's rate · 6.43%
$1,983/mo
National weekly average
If rates rise 1% · 7.43%
$2,194/mo
+$212/mo vs today

Principal & interest on the $394,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
877
▼ 16.8% vs 2024
2.8 per 1,000 residents
Net migration (2022–2023)
+693
▲ people, via tax-return records
net income flow +$32.5M/yr
Job growth (YoY)
-0.3%
▼ 169.6k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Roanoke market FAQs

What is the median home price in Roanoke?
As of June 2026, the median listing price in Roanoke, VA is $394,950, up 9.5% year over year (source: public records and industry data). Figures cover the Roanoke, VA metro area.
How fast are homes selling in Roanoke?
The median property in Roanoke spends 54 days on the market, with 1,053 homes actively listed and 25% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Roanoke?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Roanoke and the wider Virginia market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Roanoke, VA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.