54Alpha

Roanoke County, VA Housing Market Brief

county · VA · as of August 2026

Balanced

What is Roanoke 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%
-0.544
Inventory Health25%
+9.053
Affordability20%
-17.350
Economic Strength20%
56
Rental Yield15%
-1.970

Where is Roanoke County, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Roanoke 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 County, VA?

Our model forecasts Roanoke County, VA’s home prices to rise about 5.9% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Roanoke County, VA housing market data

MetricValueYoY
Median Sale Price$349K-2.5%
Median Days on Market25 days▲ +78.6%
Months of Supply2.5▲ +19.1%
Homes for Sale321▲ +2.9%
Homes Sold133-11.9%
Median Price / Sq Ft$1620%

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

Now: 54
12-period trend
Median sale price · 12 mo

Markets like Roanoke County, VA

Frequently asked questions

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

As of August 2026, Roanoke County, VA is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Roanoke County, VA is $349K, having fallen 2.5% over the past year.

How affordable is Roanoke County, VA?

Roanoke County, VA scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Roanoke County, VA's strongest dimension is Rental Yield (70/100) and its weakest is Price Momentum (44/100). The Alpha Score is a weighted blend of all five dimensions.

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