ROANOKE COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in June, with 114 sold this month in Roanoke County Real Estate versus 122 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 12% versus June 2024.

Versus last year, the total number of homes available this month is higher by 24 units or 13%. The total number of active inventory this June was 208 compared to 184 in June 2024. This month's total of 208 is lower than the previous month's total supply of available inventory of 214, a decrease of 3%.

Last June, the median sale price for Roanoke County Homes was $362,000. This June, the median sale price was $369,950, an increase of 2% or $7,950 compared to last year. The current median sold price is 6% higher than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.8 months of supply available in Roanoke County, compared to 1.4 in June 2024. That is an increase of 28% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 152 homes newly listed for sale in Roanoke County compared to 123 in June 2024, an increase of 24%. There were 127 current contracts pending sale this June compared to 108 a year ago. The number of current contracts is 18% higher than last June.

In June, the average sale price in Roanoke County was 99.1% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 34, higher than the average last year, which was 21, an increase of 62%.





FOCUS ON: ROANOKE COUNTY HOUSING MARKET			JUNE 2025

Units Sold 114	Active Inventory 208	Median Sale Price $369,950	Days On Market 34

Down -12% Vs. Year Ago	Up 13% Vs. Year Ago	Up 2% Vs. Year Ago	Up 62% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 114 sold this month in Roanoke County Real Estate versus 122 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 12% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 24 units or 13%. The total number of active inventory this June was 208 compared to 184 in June 2024. This month's total of 208 is lower than the previous month's total supply of available inventory of 214, a decrease of 3%.
		Median Sale Price Last June, the median sale price for Roanoke County Homes was $362,000. This June, the median sale price was $369,950, an increase of 2% or $7,950 compared to last year. The current median sold price is 6% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 152	Current Contracts 127	Sold Vs. List Price 99.1%	Months of Supply 1.8

Up 24% Vs. Year Ago	Up 18% Vs. Year Ago	Down -0.6% Vs. Year Ago	Up 27% Vs. Year Ago


		Months of Supply In June, there was 1.8 months of supply available in Roanoke County, compared to 1.4 in June 2024. That is an increase of 28% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 152 homes newly listed for sale in Roanoke County compared to 123 in June 2024, an increase of 24%. There were 127 current contracts pending sale this June compared to 108 a year ago. The number of current contracts is 18% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Roanoke County was 99.1% of the average list price, which is 0.6% lower than at this time last year. Days on Market This month, the average number of days on market was 34, higher than the average last year, which was 21, an increase of 62%.



	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by Information included in this report is based on data supplied by the Roanoke Valley Association of REALTORS (RVAR) and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace as some brokerages choose not to provide transaction information. This may result in an understatement of completed sales and available listings. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RVAR or Long & Foster Real Estate, Inc. or Long & Foster Real Estate, Inc.