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ZIP 24016 in Roanoke, VA: housing market trends

The median home sale price in ZIP 24016 in Roanoke, VA was $219,935 for the three-month period ending September 2026. Sale prices were 3.5% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$219,935
three-month period ending September 2026
Median sale price per sq ft
$119.91
three-month period ending September 2026
Active listings
72
three-month period ending September 2026
Typical monthly rent
$1,134
Rent index · August 2026

How is housing inventory changing?

There were 72 active listings for the three-month period ending September 2026. Active listings were 7.5% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 37 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 24016 in Roanoke, VA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$219,935$119.9125
Single-familySeptember 2026$205,948$116.9921
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$229,993$214.351 · small sample
Multifamily (2–4 units)September 2026$280,000$124.363 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 24016 in Roanoke, VA
MarketMedian sale priceReporting period / source
Roanoke, VA$269,950Month ending July 2026 · Zillow
Vinton, VA$279,8673 months ending September 2026 · Redfin
Salem, VA$272,000Month ending July 2026 · Zillow
Cloverdale, VA$347,8343 months ending September 2026 · Redfin
Daleville, VA$469,7763 months ending September 2026 · Redfin
Blue Ridge, VA$335,8403 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 24016 in Roanoke, VA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$219,935$119.9172
August 2026$230,000$129.0376
July 2026$239,999$117.0278
June 2026$220,000$115.0180
May 2026$195,000$115.0176
April 2026$205,000$122.1969
March 2026$190,000$115.0771
February 2026$197,900$122.1966
January 2026$185,000$79.7263
December 2025$155,000$73.4759
November 2025$140,000$69.9160
October 2025$175,000$102.1069
September 2025$228,000$131.8767
August 2025$275,000$132.9464
July 2025$213,250$108.0867
June 2025$200,000$97.4064
May 2025$160,000$103.3961
April 2025$164,000$107.2661
March 2025$169,570$106.3354
February 2025$226,000$116.8056
January 2025$192,500$105.3566
December 2024$209,975$116.3069
November 2024$155,000$100.6777
October 2024$207,000$105.9574

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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