The Long & Foster Market Minute

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

Zip Code(s): 24179 and 24014
Units Sold
39
Active Inventory
88
Median Sale Price
$292,500
Days On Market
41
Down -24%
Vs. Year Ago
Up 52%
Vs. Year Ago
Up 8%
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 39 sold this month in Vinton and Southeast Roanoke County Real Estate versus 53 last month, a decrease of 26%. This month's total units sold was lower than at this time last year, a decrease of 24% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 30 units or 52%. The total number of active inventory this August was 88 compared to 58 in August 2024. This month's total of 88 is lower than the previous month's total supply of available inventory of 98, a decrease of 10%.

Median Sale Price
Last August, the median sale price for Vinton and Southeast Roanoke County Homes was $270,000. This August, the median sale price was $292,500, an increase of 8% or $22,500 compared to last year. The current median sold price is 6% lower than in July.

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


New Listings
48
Current Contracts
46
Sold Vs. List Price
95.9%
Months of Supply
2.3
Up 7%
Vs. Year Ago
No Change
Vs. Year Ago
Down -3.1%
Vs. Year Ago
Up 98%
Vs. Year Ago

Months of Supply
In August, there was 2.3 months of supply available in Vinton and Southeast Roanoke County, compared to 1.1 in August 2024. That is an increase of 98% 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 48 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 45 in August 2024, an increase of 7%. There were 46 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 7% higher than last month.

Sale Price to List Price Ratio
In August, the average sale price in Vinton and Southeast Roanoke County was 95.9% of the average list price, which is 3.1% lower than at this time last year.

Days on Market
This month, the average number of days on market was 41, higher than the average last year, which was 27. This increase was impacted by the limited number of sales.

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.