Aug 2026
$248K
-0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Roanoke, VA
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Roanoke, VA. Built for agents; free to read.
Roanoke, VA’s median sale price is $248K as of Aug 2026 — -0.9% year over year. Pecan Street tracks Roanoke with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,326/mo
$57K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Roanoke compares to other U.S. metros
| Price cuts | ↑10th of 194 (top 6%) |
|---|---|
| Price-to-rent | ↓157th of 195 |
| Home-price growth | ↓152nd of 195 |
| Days on market | 85th of 194 (top 44%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 12 -9.2% YoY ↓157th of 195 |
|---|---|
| Asking price / sq ft | $192 +1.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 53% -5.9 pts YoY ↑10th of 194 (top 6%) |
|---|---|
| New housing units permitted | 93 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 30 |
|---|---|
| MLS board of record | — |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 4.2ppRedfin (city) -0.9% | FHFA HPI · Q2 2026 +3.3% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in VA
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 24012 | $275K↑ | 79↑ | 28↓ | 40↓ | 61↑ | $231K↑ |
| 24013 | $175K↑ | 33↓ | 8↓ | 16↓ | 68↑ | $150K↓ |
| 24014 | $370K↓ | 72↑ | 24↓ | 40↓ | 55↑ | $297K↑ |
| 24015 | $358K↑ | 55↑ | 16↑ | 28↑ | 50↑ | $305K↑ |
| 24016 | $210K↑ | 33↑ | 8↓ | 20↑ | 60↓ | $169K↑ |
| 24017 | $205K↑ | 73↑ | 24↓ | 44↓ | 48↓ | $188K↑ |
| 24018 | $400K↓ | 139↑ | 68↓ | 92↑ | 52↑ | $378K↑ |
| 24019 | $339K↑ | 79↑ | 36↓ | 44↑ | 50↑ | $311K↑ |
| 24101 | $505K↓ | 50↑ | 4↓ | 28↑ | 67↑ | $401K↑ |
| 24151 | $346K↓ | 63↑ | 16↓ | 32↑ | 57↓ | $276K↑ |
| 24153 | $375K↑ | 115↑ | 56↓ | 72↑ | 58↑ | $312K↑ |
| 24175 | $390K↓ | 34↑ | 12↑ | 16↑ | 61↑ | $339K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.