The Long & Foster Market Minute

FOCUS ON: VINTON AND SOUTHEAST ROANOKE COUNTY HOUSING MARKET JULY 2025

Zip Code(s): 24179 and 24014
Units Sold
52
Active Inventory
90
Median Sale Price
$311,250
Days On Market
27
Up
Vs. Year Ago
Up 38%
Vs. Year Ago
Up 22%
Vs. Year Ago
Up 80%
Vs. Year Ago

Units Sold
There was an increase in total units sold in July, with 52 sold this month in Vinton and Southeast Roanoke County Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is higher by 25 units or 38%. The total number of active inventory this July was 90 compared to 65 in July 2024. This month's total of 90 is lower than the previous month's total supply of available inventory of 95, a decrease of 5%.

Median Sale Price
Last July, the median sale price for Vinton and Southeast Roanoke County Homes was $255,000. This July, the median sale price was $311,250, an increase of 22% or $56,250 compared to last year. The current median sold price is 1% lower than in June.

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


New Listings
50
Current Contracts
47
Sold Vs. List Price
99.3%
Months of Supply
1.7
Up 6%
Vs. Year Ago
Up 27%
Vs. Year Ago
No Change
Vs. Year Ago
Down -7%
Vs. Year Ago

Months of Supply
In July, there was 1.7 months of supply available in Vinton and Southeast Roanoke County, compared to 1.9 in July 2024. That is a decrease of 7% 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 50 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 47 in July 2024, an increase of 6%. There were 47 current contracts pending sale this July compared to 37 a year ago. The number of current contracts is 27% higher than last July.

Sale Price to List Price Ratio
In July, the average sale price in Vinton and Southeast Roanoke County was 99.3% 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 27, higher than the average last year, which was 15, an increase of 80%.

The Long & Foster Market Minute Vinton and Southeast Roanoke County are defined as properties listed in zip code/s 24179 and 24014.
*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.
REALTOR, Equal Opportunity HousingInformation 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.