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ROANOKE, VA 24012

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ROANOKE, VA real estate market (24012) currently shows 123 active listings, with 49 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70 days on market compared to 40 days last year.

The median listing price has risen 4.9% year-over-year, from $257,250 to $269,925.

Whether you are buying or selling in ROANOKE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 29,545  ·  Density: 561.0/mi²  ·  Median household income: $50,857

Typical home value: $160,093  ·  Homeownership: 56.8%

Market Overview

Active Listings
123
⇧ 51.9% vs 81 last year
Pending
49
40% pending ratio
Median Price
$269,925
⇧ 4.9% vs $257,250 last year
Average Price
$284,852
⇩ 3.7% vs $295,903 last year
Days on Market
70
⇧ 75% vs 40 days last year

Price Per Square Foot

Median $/sqft
$181
⇧ 0.6% vs $180/sqft last year
Median Home Size
1,628 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 123 this year vs 81 last year
  • Days on market: 70 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $269,925 (+4.9% YoY)
  • Average: $284,852 (-3.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 631 listings ($244,762,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24012Roanoke, VA 240120.0 mi127$33,574,355$249,950$264,365
24013Roanoke, VA 240133.6 mi45$7,385,400$162,000$164,120
24011Roanoke, VA 240113.9 mi1$2,100,000$2,100,000$2,100,000
24017Roanoke, VA 240175.3 mi91$18,814,250$199,919$206,750
24015Roanoke, VA 240156.1 mi51$17,052,258$315,000$334,358
24014Roanoke, VA 240146.4 mi61$29,069,367$339,999$476,547
24175Troutville, VA 241757.9 mi27$15,881,940$399,000$588,220
24095Goodview, VA 2409510.9 mi17$13,159,632$529,950$774,096
24153Salem, VA 2415312.0 mi159$64,381,008$384,950$404,912
24122Montvale, VA 2412213.4 mi0$0$309,950$309,950
24090Fincastle, VA 2409014.6 mi18$14,716,350$541,200$817,575
24184Wirtz, VA 2418417.1 mi29$22,314,630$444,900$769,470
24070Catawba, VA 2407017.7 mi5$6,313,335$1,275,000$1,262,667

Frequently Asked Questions

How many homes are for sale in ROANOKE, VA 24012?

As of February 2026, there are 123 active listings in ROANOKE, VA (zip code 24012), compared to 81 the prior year.

What is the median home price in ROANOKE, VA 24012?

The median listing price in ROANOKE, VA 24012 is $269,925 as of February 2026, a 4.9% increase from $257,250 the prior year.

How long do homes stay on the market in ROANOKE, VA?

Homes in ROANOKE, VA 24012 spend an average of 70 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in ROANOKE, VA 24012?

Based on current inventory and days-on-market data as of February 2026, ROANOKE, VA 24012 is currently a Buyer's Market. Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 40 days last year.

How much can I save on real estate commission in ROANOKE, VA?

With SELL123.com's maximum 3% commission, sellers in ROANOKE, VA 24012 save an estimated $5,399 compared to a typical 5% commission on the median listing price of $269,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.