VINTON AND SOUTHEAST ROANOKE COUNTY HOUSING MARKET DATA

The number of units sold remained stable in May, with 44 sold this month in Vinton and Southeast Roanoke County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 2% versus May 2024.

Versus last year, the total number of homes available this month is higher by 28 units or 61%. The total number of active inventory this May was 74 compared to 46 in May 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 82, a decrease of 10%.

Last May, the median sale price for Vinton and Southeast Roanoke County Homes was $305,000. This May, the median sale price was $324,500, an increase of 6% or $19,500 compared to last year. The current median sold price is 16% higher than in April.

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

In May, there was 1.7 months of supply available in Vinton and Southeast Roanoke County, compared to 0.8 in May 2024. That is an increase of 105% 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 54 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 55 in May 2024, a decrease of 2%. There were 48 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 2% higher than last May.

In May, the average sale price in Vinton and Southeast Roanoke County was 98.3% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 31, higher than the average last year, which was 27, an increase of 15%.





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

Zip Code(s): 24179 and 24014
Units Sold 44	Active Inventory 74	Median Sale Price $324,500	Days On Market 31

Down -21% Vs. Year Ago	Up 61% Vs. Year Ago	Up 6% Vs. Year Ago	Up 15% Vs. Year Ago


		Units Sold The number of units sold remained stable in May, with 44 sold this month in Vinton and Southeast Roanoke County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 2% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 28 units or 61%. The total number of active inventory this May was 74 compared to 46 in May 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 82, a decrease of 10%.
		Median Sale Price Last May, the median sale price for Vinton and Southeast Roanoke County Homes was $305,000. This May, the median sale price was $324,500, an increase of 6% or $19,500 compared to last year. The current median sold price is 16% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 54	Current Contracts 48	Sold Vs. List Price 98.3%	Months of Supply 1.7

Down -2% Vs. Year Ago	Up 2% Vs. Year Ago	Down -1.7% Vs. Year Ago	Up 105% Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Vinton and Southeast Roanoke County, compared to 0.8 in May 2024. That is an increase of 105% 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 54 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 55 in May 2024, a decrease of 2%. There were 48 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 2% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Vinton and Southeast Roanoke County was 98.3% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 31, higher than the average last year, which was 27, an increase of 15%.


	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.
	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.