The housing market in Roanoke, TX is booming. The median value of homes in Roanoke is $414,600, which is significantly higher than the US average of $338,100. Furthermore, the one year house appreciation rate in Roanoke is 16.66%, almost double the national average of 8.27%. This indicates that investing in real estate in Roanoke can be a lucrative business endeavor and can provide a great return on investment.
The median home cost in Roanoke is $414,600. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Roanoke is up 21.8%.
Average Age of Homes
- The median age of Roanoke real estate is 15 years old
The Rental Market in Roanoke
- Renters make up 40.3% of the Roanoke population
- 2.4% of houses and apartments in Roanoke, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.