Roanoke, VA is a great place to purchase a home, as its median value of $264,700 is much lower than the US House Median Value of $338,100. Additionally, the one year appreciation rate in Roanoke is 11.69%, which is higher than the national average of 8.27%. All told, Roanoke provides an attractive housing market for individuals looking to invest in a home.
The median home cost in Roanoke (zip 24015) is $264,700. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Roanoke (zip 24015) is up 17.1%.
Average Age of Homes
- The median age of Roanoke (zip 24015) real estate is 66 years old
The Rental Market in Roanoke (zip 24015)
- Renters make up 37.1% of the Roanoke (zip 24015) population
- 3.7% of houses and apartments in Roanoke (zip 24015), 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.