Housing Prices in Roanoke, TX
How much do homes in Roanoke, TX cost?
Median List Price
$649,166
$233/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Roanoke has increased by 12.5% since last year.
Summary: The median home list price in Roanoke was $649,166 in May 2024, up 12.5% from the previous year, and the median price per square foot was $233.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $369K | $744.9K | +101.9% |
| 3 Bedrooms | $480K | $510K | +6.3% |
| 4 Bedrooms | $628.5K | $678.5K | +8.0% |
| 5+ Bedrooms | $899.9K | $1.0M | +16.7% |
Summary: Roanoke housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 101.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 16.7%.
Median List Price Compared To Nearby Cities
| Roanoke | $577.1K | $649.1K | +12.5% |
| Flower Mound | $594.6K | $647.7K | +8.9% |
| Trophy Club | $697.5K | $725K | +3.9% |
| Westlake | $3.4M | $3.5M | +3.6% |
| Northlake | $552.9K | $565K | +2.2% |
Housing Supply in Roanoke, TX
How many homes are available in Roanoke, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 176 | 233 | +32.4% |
Summary: The Roanoke real estate market had 233 homes for sale in May 2024, a 32.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 43 | 59 | +37.2% |
| 4 Bedrooms | 97 | 131 | +35.1% |
| 5+ Bedrooms | 36 | 42 | +16.7% |
Summary: The Roanoke housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 37.2%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 16.7%.
Days on Market for Roanoke, TX
How long does it take to sell a home in Roanoke, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 104 Days | 51 Days | -51.1% |
Summary: Homes in Roanoke had an average listing age of 51 days in May 2024, down by 51.1% compared to the previous year.
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