Foreclosure Homes in Roanoke, VA 24017

Current Market Conditions in Roanoke, VA

The Roanoke real estate market has seen stable growth, with an increase in property values over the last year. The demand for homes remains strong, particularly for single-family residences, and this trend is expected to continue as more people discover the area's charm and affordability.

Currently, homes in Roanoke are selling relatively quickly, with competitive bidding often seen in desirable neighborhoods. The market is ideal for both buyers and sellers, with a diverse range of housing options available, from historic homes to new developments.

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.