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Is Roanoke, VA 24011 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Roanoke is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$157▼ −41.5% vs. last year

Run the numbers for 24011

Prefilled for 24011Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24011Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Roanoke 24012Seller’s market $143 /sq ftRoanoke 24013Balanced $104 /sq ftRoanoke 24015Seller’s market $154 /sq ftRoanoke 24016Balanced $129 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology