Roanoke city, VA County has seen a significant increase in their housing median value this year. The median value is currently $187,600, compared to the US House Median Value of $338,100. This is an increase of 15.80% in the past year alone and outpaces the national appreciation rate of 8.27%. This is great news for those looking to invest in real estate in Roanoke city, VA County as it indicates that property values are continuing to rise.
The median home cost in Roanoke City County is $187,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Roanoke City County is up 17.1%.
Average Age of Homes
- The median age of Roanoke City County real estate is 60 years old
The Rental Market in Roanoke City County
- Renters make up 40.9% of the Roanoke City County population
- 4.7% of houses and apartments in Roanoke City County, 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.