Zip 24017 (Roanoke, VA) Housing

The housing market in 24017 Roanoke, VA is thriving with a median house value of $161,100. This is significantly lower than the US house median value of $338,100 and it reflects this area's affordability for potential buyers. In the last year alone, the appreciation rate on homes in Roanoke has been 11.69%, which is higher than the US 1 year appreciation rate of 8.27%. This positive trend suggests that now may be a great time to invest in property in this area.

The median home cost in Roanoke (zip 24017) is $161,100. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Roanoke (zip 24017) is up 17.1%.

Average Age of Homes

- The median age of Roanoke (zip 24017) real estate is 56 years old

The Rental Market in Roanoke (zip 24017)

- Renters make up 41.5% of the Roanoke (zip 24017) population
- 6.6% of houses and apartments in Roanoke (zip 24017), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Roanoke, Virginia	United States
	10,986.0	139,647,020.0
	58	42
	$161,100	$338,100
	17.1%	16.6%
	52.1%	57.0%
	66.2%	101.1%
	$12.01	$10.98
	$1,348	$2,690
	45.0%	57.4%
	13.7%	11.2%
	41.3%	31.4%
Vacant Housing
	6.6%	1.9%
	0.4%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	0.8%	2.4%
	5.0%	2.8%
	6.2%	3.9%
	21.9%	4.5%
	38.1%	11.3%
	17.3%	13.0%
	5.2%	20.1%
	1.4%	13.6%
	0.8%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	7.0%	13.6%
	8.9%	13.2%
	15.7%	14.8%
	7.0%	13.6%
	23.8%	10.0%
	6.6%	4.7%
	14.0%	12.2%

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