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Roanoke, VA
Full City Profile · Virginia · Roanoke city County
3.1
/5.0
B
Good
98,677
Population
2,321/sq mi density
$52,671
Median Income
$34,792 per capita
$180,500
Home Value
$272,178 Zillow
$964
Median Rent
28.8% income on rent
58°F
Avg Temperature
306 sunny days/yr
387
Violent Crime/100K
4,413 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,671 median income, 3.4% unemployment
A+
Affordability
4.8 / 5.0
$180,500 home value, $964/mo rent
F
Safety
1.0 / 5.0
387 violent crimes/100K (2% above avg)
B
Education
3.3 / 5.0
28.9% bachelor's degree or higher
Housing Overview
Median Home Value
$180,500
36% below
US avg: $281,900
Median Rent
$964/mo
17% below
US avg: $1,163/mo
Homeownership Rate
51.7%
21% below US avg (65.4%)
Total Housing Units
48,726
Median year built: 1959
Home Value by Source
Census Median
$180,500
Zillow (ZHVI)
$272,178
Median Sale Price
$233,850
Median List Price
$269,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
51.7%
Owner-Occupied
48.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,004/mo
1 Bedroom
$1,053/mo
2 Bedroom
$1,254/mo
3 Bedroom
$1,743/mo
4 Bedroom
$2,104/mo
Census median rent:
$964/mo
· Zillow rent:
$1,354/mo
Market Indicators (Redfin)
Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
82
Price Drops
47.7%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
283
homes for sale
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
51.7%
Complete Housing Data
Home Values
| Census Median Value | $180,500 |
| Zillow Home Value (ZHVI) | $272,178 |
| Median Sale Price | $233,850 |
| Median List Price | $269,950 |
| Price Per Sq Ft | $130 |
Rent
| Census Median Rent | $964 |
| Zillow Rent (ZORI) | $1,354 |
| FMR Studio | $1,004 |
| FMR 1-Bedroom | $1,053 |
| FMR 2-Bedroom | $1,254 |
| FMR 3-Bedroom | $1,743 |
| FMR 4-Bedroom | $2,104 |
Market
| Days on Market | 56 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 47.7% |
| Homes Sold | 82 |
| Active Inventory | 283 |
| Price Per Sq Ft | $130 |
Ownership & Stock
| Owner-Occupied | 51.7% |
| Renter-Occupied | 48.3% |
| Homeownership Rate | 51.7% |
| Total Housing Units | 48,726 |
| Median Year Built | 1959 |
| Rent Burden | 28.8% |