ROANOKE COUNTY HOUSING MARKET DATA

There was an increase in total units sold in July, with 137 sold this month in Roanoke County Real Estate versus 116 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 20% versus July 2024.

Versus last year, the total number of homes available this month is higher by 59 units or 32%. The total number of active inventory this July was 243 compared to 184 in July 2024. This month's total of 243 is higher than the previous month's total supply of available inventory of 223, an increase of 9%.

Last July, the median sale price for Roanoke County Homes was $327,500. This July, the median sale price was approximately the same at $370,000. The current median sold price is 13% higher than in July 2024.

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

In July, there was 1.8 months of supply available in Roanoke County, compared to 1.6 in July 2024. That is an increase of 10% 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 180 homes newly listed for sale in Roanoke County compared to 120 in July 2024, an increase of 50%. There were 124 current contracts pending sale this July compared to 109 a year ago. The number of current contracts is 14% higher than last July.

In July, the average sale price in Roanoke County was 99.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 29, higher than the average last year, which was 22, an increase of 32%.





FOCUS ON: ROANOKE COUNTY HOUSING MARKET			JULY 2025

Units Sold 137	Active Inventory 243	Median Sale Price $370,000	Days On Market 29

Up 20% Vs. Year Ago	Up 32% Vs. Year Ago	Up 13% Vs. Year Ago	Up 32% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 137 sold this month in Roanoke County Real Estate versus 116 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 20% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 59 units or 32%. The total number of active inventory this July was 243 compared to 184 in July 2024. This month's total of 243 is higher than the previous month's total supply of available inventory of 223, an increase of 9%.
		Median Sale Price Last July, the median sale price for Roanoke County Homes was $327,500. This July, the median sale price was approximately the same at $370,000. The current median sold price is 13% higher than in July 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 180	Current Contracts 124	Sold Vs. List Price 99.0%	Months of Supply 1.8

Up 50% Vs. Year Ago	Up 14% Vs. Year Ago	No Change Vs. Year Ago	Up 10% Vs. Year Ago


		Months of Supply In July, there was 1.8 months of supply available in Roanoke County, compared to 1.6 in July 2024. That is an increase of 10% 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 180 homes newly listed for sale in Roanoke County compared to 120 in July 2024, an increase of 50%. There were 124 current contracts pending sale this July compared to 109 a year ago. The number of current contracts is 14% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Roanoke County was 99.0% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 29, higher than the average last year, which was 22, an increase of 32%.



	*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.