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Fixer Upper Homes in Roanoke, VA

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Roanoke, VA Foreclosures

How much do homes sell for in Roanoke, VA?
The average home price is currently $339,561.
In Roanoke, VA, how many homes are available?
There are currently 234 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 $42,945,048.
What is currently the cheapest priced home in Roanoke, VA?
The cheapest home for sale in Roanoke is priced at $10,261.

Living in Roanoke, VA

Roanoke, Virginia, is a charming city nestled in the scenic Blue Ridge Mountains. Known for its beautiful landscapes and vibrant community, Roanoke offers excellent amenities, recreational options, and cultural attractions. It has a rich history with a growing real estate market that suits various lifestyles.

Current Market Conditions in Roanoke, VA

The real estate market in Roanoke has shown steady growth over recent years, with a mix of properties ranging from historic homes to new developments catering to families and young professionals. The demand has increased due to the city's affordability compared to larger metropolitan areas, making it an attractive destination for new residents. The market is competitive, with home prices generally appreciating, reflecting a healthy economic environment.

Home Value Estimator For Roanoke, VA

There are currently 60,878 real estate properties in Roanoke, VA, with a median automated valuation model (AVM) price of $274,321.00. 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 $339,561.00, with the most expensive house in Roanoke, VA, topping out at $42,945,048.00 and the cheapest home in Roanoke, VA, clocking in at $10,261.00. 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 Fixer Upper Homes

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