53Alpha

Roanoke City County, VA Housing Market Brief

county · VA · score computed October 2026

Balanced

What is Roanoke City County, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●61
Inventory Health25%
●53

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●31
Economic Strength20%
●58
Rental Yield15%
●65

Where is Roanoke City County, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Roanoke City County, VA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Roanoke City County, VA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Roanoke City County, VA housing market data

MetricValueYoYSource
Median Sale Price$252K▲ +12.5%Redfin
Median Days on Market23 days▼ -4.2%Redfin
Months of Supply3.3▲ +10%Redfin
Homes for Sale345▲ +5.5%Redfin
Homes Sold104▼ -4.6%Redfin
Median Price / Sq Ft$161▲ +32.1%Redfin

How has Roanoke City County, VA’s Alpha Score moved?

Now: 53
2-period trend
Median sale price · 12 mo

Markets like Roanoke City County, VA

Frequently asked questions

Is Roanoke City County, VA a buyer's or seller's market?

In the scores computed October 2026, Roanoke City County, VA is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Roanoke City County, VA?

The median sale price in Roanoke City County, VA is $252K, having risen 12.5% over the past year, according to Redfin.

How affordable is Roanoke City County, VA?

Roanoke City County, VA scores 31 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Roanoke City County, VA's Alpha Score?

Roanoke City County, VA's strongest dimension is Rental Yield (65/100) and its weakest is Affordability (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Roanoke City County, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.