Housing Prices in Roanoke, AL

How much do homes in Roanoke, AL cost?

Median List Price

$175,000

$90/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$50,500(+40.6%)

Key Takeaway

The list price of homes in Roanoke has increased by 40.6% since last year.

Summary: The median home list price in Roanoke was $175,000 in March 2024, up 40.6% from the previous year, and the median price per square foot was $90.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $100K$100K
0.0%
2 $119.3K$135K
+13.2%
3 $166K$164.5K
-0.9%
4 -$189.9K
N/A
5+ $244K$335K
+37.3%

Summary: Roanoke housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 37.3%.

Housing Supply in Roanoke, AL

How many homes are available in Roanoke, AL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711+57.1%

Summary: The Roanoke real estate market had 11 homes for sale in March 2024, a 57.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 13
+200.0%
5+ 22
0.0%

Summary: The Roanoke housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Days on Market for Roanoke, AL

How long does it take to sell a home in Roanoke, AL?

Average Listing Age

Mar 2023Mar 2024CHANGE
127 Days49 Days-60.7%

Summary: Homes in Roanoke had an average listing age of 49 days in Mar 2024, down by 60.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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