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Preforeclosure Homes in Roanoke, VA 24013

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Roanoke, VA Foreclosures

Current Market Conditions in in Roanoke, VA As of February 2026?
Over the past month, Roanoke has experienced a slight uptick in housing inventory, which has provided buyers with more options. However, the demand remains strong, and homes are selling quickly, often at or above listing prices. It has encouraged sellers to list their homes for competitive pricing, aiming to take advantage of favorable market conditions. As mortgage rates fluctuate, potential buyers are actively exploring opportunities, creating a dynamic environment in the local real estate scene.
How much do homes sell for in Roanoke, VA?
The average home price is currently $342,544.
In Roanoke, VA, how many homes are available?
There are currently 5 active home listings available in Roanoke.
What’s the average rental cost in Roanoke, VA?
The average rental price in Roanoke is $1,235.
What is the most expensive home in Roanoke?
The most expensive home sold in Roanoke had a price of $42,786,054.
What is currently the cheapest priced home in Roanoke, VA?
The cheapest home for sale in Roanoke is priced at $10,153.

Living in Roanoke, VA

Roanoke, VA, combines beautiful mountain scenery with a rich cultural scene, making it a desirable place to live. The city offers plenty of outdoor activities, a thriving downtown, and a strong sense of community. Residents enjoy easy access to schools, parks, and excellent dining options.

Buyer vs Seller Market in Roanoke, VA

Roanoke's real estate market has been steadily growing, with an increase in demand for homes due to its appealing lifestyle and natural beauty. The median home prices have shown a rise, reflecting the positive trend in the local economy and housing market.

The market continues to attract both first-time homebuyers and investors seeking rental properties. With new developments and community enhancements in the pipeline, Roanoke is positioned for long-term growth.

Home Value Estimator For Roanoke, VA

There are currently 61,954 real estate properties in Roanoke, VA, with a median automated valuation model (AVM) price of $274,671.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roanoke, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Roanoke, VA, is $342,544.00, with the most expensive house in Roanoke, VA, topping out at $42,786,054.00 and the cheapest home in Roanoke, VA, clocking in at $10,153.00. In other words, there’s something for every potential homebuyer or savvy investor in Roanoke, VA!

Rent Prices In Roanoke, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roanoke, VA, is on a rollercoaster ride. The average rent price in Roanoke, VA, is $1,235.00. Indeed, when looking to rent in Roanoke, VA, you can expect to pay as little as $460.00 or as much as $3,280.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Roanoke, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Roanoke, VA 24013 Preforeclosure Homes

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