The Long & Foster Market Minute

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

Zip Code(s): 24179 and 24014
Units Sold
40
Active Inventory
88
Median Sale Price
$314,500
Days On Market
21
Down -25%
Vs. Year Ago
Up 52%
Vs. Year Ago
Up 7%
Vs. Year Ago
No Change
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 40 sold this month in Vinton and Southeast Roanoke County Real Estate versus 46 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 25% versus June 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 June was 88 compared to 58 in June 2024. This month's total of 88 is higher than the previous month's total supply of available inventory of 79, an increase of 11%.

Median Sale Price
Last June, the median sale price for Vinton and Southeast Roanoke County Homes was $295,000. This June, the median sale price was $314,500, an increase of 7% or $19,500 compared to last year. The current median sold price is 3% lower than in May.

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


New Listings
66
Current Contracts
49
Sold Vs. List Price
98.0%
Months of Supply
2.2
Up 22%
Vs. Year Ago
Up 29%
Vs. Year Ago
Down -2.2%
Vs. Year Ago
Up 102%
Vs. Year Ago

Months of Supply
In June, there was 2.2 months of supply available in Vinton and Southeast Roanoke County, compared to 1.1 in June 2024. That is an increase of 101% 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 66 homes newly listed for sale in Vinton and Southeast Roanoke County compared to 54 in June 2024, an increase of 22%. There were 49 current contracts pending sale this June compared to 38 a year ago. The number of current contracts is 29% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Vinton and Southeast Roanoke County was 98.0% of the average list price, which is 2.3% lower than at this time last year.

Days on Market
This month, the average number of days on market was 21, which is similar compared to a year ago.

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.