Roanoke, VA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Roanoke, VA is showing healthy, moderate growth.

  • •Steady price growth of 3.1% year-over-year — a balanced market.
  • •Price-to-rent ratio: 17.6 — buying and renting are roughly comparable.

Median Home Value

$289,094

ZHVI

Year-over-Year

+3.1%

Price change

5-Year Change

+39.7%

Since 2021

Median Rent

$1,370/mo

ZORI

Active Listings

1,019

For sale

State Avg

$405,474

Virginia

Home Value Trends

5-year Zillow Home Value Index for Roanoke, VA vs. state and national averages.

Rent Data

Median Rent

$1,370/mo

Rent YoY Change

+4.2%

Rent vs. Buy Calculator

Other Markets in Virginia

Charlottesville, VA$457,385Richmond, VA$383,940Winchester, VA$380,312Virginia Beach, VA$363,198Harrisonburg, VA$340,251Staunton, VA$320,761
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.