Roanoke, VA Housing Market
$279,227
2.6% 1-yrThe average Roanoke, VA home value is $279,227, up 2.6% over the past year, and homes go to pending in around 20 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Roanoke Key Takeaways
Typical Home Values: $279,227
1-Year Value Change: +2.6%
(Data through August 31, 2026)
Roanoke Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Greater Deyerle$377,696
- Cherry Hill$192,314
- Ridgewood Park$231,367
- Grandin Court$281,697
- Wilmont$199,904
- Raleigh Court$329,663
- Cave Spring$354,538
- Norwich$138,960
- Edgewood-Summit Hills$204,308
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Roanoke Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Roanoke, VA?
The median home value in Roanoke, VA is $279,227 as of August 2026. This represents a 0.2% increase compared to last month and a 2.6% increase year-over-year.
How have home values changed in Roanoke, VA?
Home values in Roanoke, VA have increased by 0.2% month-over-month and 2.6% year-over-year.
How do home values in Roanoke, VA compare to Roanoke City, Virginia, and the national average?
The median home value in Roanoke, VA ($279,227) compares to: Roanoke City ($220,971), Virginia ($414,662), and the U.S. national median ($368,697).
