VINTON AND SOUTHEAST ROANOKE COUNTY HOUSING MARKET DATA

The number of units sold remained stable in March, with 22 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 March 2024.

Versus last year, the total number of homes available this month is higher by 3 units or 6%. The total number of active inventory this March was 56 compared to 53 in March 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 65, a decrease of 14%.

Last March, the median sale price for Vinton and Southeast Roanoke County Homes was $284,975. This March, the median sale price was $226,000, a decrease of 21% or $58,975 compared to last year. The current median sold price is 25% lower than in February.

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

In March, there was 2.5 months of supply available in Vinton and Southeast Roanoke County, compared to 1.9 in March 2024. That is an increase of 34% 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 56 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 55 in March 2024, an increase of 2%. There were 54 current contracts pending sale this March compared to 33 a year ago. The number of current contracts is 64% higher than last March.

In March, the average sale price in Vinton and Southeast Roanoke County was 98.8% of the average list price, which is 0.7% lower than at this time last year.

This month, the average number of days on market was 27, lower than the average last year, which was 34, a decrease of 21%.





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

Zip Code(s): 24179 and 24014
Units Sold 22	Active Inventory 56	Median Sale Price $226,000	Days On Market 27

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


		Units Sold The number of units sold remained stable in March, with 22 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 March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 3 units or 6%. The total number of active inventory this March was 56 compared to 53 in March 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 65, a decrease of 14%.
		Median Sale Price Last March, the median sale price for Vinton and Southeast Roanoke County Homes was $284,975. This March, the median sale price was $226,000, a decrease of 21% or $58,975 compared to last year. The current median sold price is 25% lower than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 56	Current Contracts 54	Sold Vs. List Price 98.8%	Months of Supply 2.5

Up 2% Vs. Year Ago	Up 64% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 35% Vs. Year Ago


		Months of Supply In March, there was 2.5 months of supply available in Vinton and Southeast Roanoke County, compared to 1.9 in March 2024. That is an increase of 34% 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 56 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 55 in March 2024, an increase of 2%. There were 54 current contracts pending sale this March compared to 33 a year ago. The number of current contracts is 64% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Vinton and Southeast Roanoke County was 98.8% of the average list price, which is 0.7% lower than at this time last year. Days on Market This month, the average number of days on market was 27, lower than the average last year, which was 34, a decrease of 21%.


	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.