Roanoke Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in Roanoke is $92,000.

Foreclosures will be a factor impacting home values in the next several years. In Roanoke 3.1 homes are foreclosed (per 10,000). This is greater than the Randolph County value of 2.1 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Roanoke is 3.4%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Roanoke homeowners underwater on their mortgage is 8.0%, which is lower than Randolph County at 8.6%.

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Relative ZHVI
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Roanoke Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $92,000 Median listing price
  • No data Median sale price
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Roanoke Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 8.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West Point $156,000 Bowdon $80,100  

Listings & Sales

Data through Aug 31, 2014
  • $54 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.5% Listings with price cut
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Roanoke Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$961 Roanoke
$1,024 Randolph County
$1,328 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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