48Alpha

Roanoke City County, VA Housing Market Brief

county · VA · as of May 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%
-0.543
Inventory Health25%
+13.850
Affordability20%
26
Economic Strength20%
-1.760
Rental Yield15%
61

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

EmergingGrowingMaturePeakingDecliningRecovering

Roanoke City County, VA is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Roanoke City County, VA housing market data

MetricValueYoY
Median Sale Price$251K▲ +1.9%
Median Days on Market21 days▲ +50%
Months of Supply2.5▲ +4.2%
Homes for Sale323▲ +10.6%
Homes Sold128▲ +6.7%
Median Price / Sq Ft$142▲ +5.9%
Sale-to-List Ratio97.8%-0.7%

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

Now: 48
3-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?

As of May 2026, Roanoke City County, VA is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, inventory, 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 $251K, having risen 1.9% over the past year.

How affordable is Roanoke City County, VA?

Roanoke City County, VA scores 26 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 (61/100) and its weakest is Affordability (26/100). 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.