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Roanoke, VA 24012 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Roanoke, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 3030PendingPending sales: 22
Roanoke, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $265k$265kSoldMedian sold price (last 6 months): $225k$225k
What homes actually sell for in Roanoke, VA
Distribution of 225 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $175k to $300k
$90k to $140k: 23 sales$90k$140k to $190k: 37 sales$190k to $240k: 61 sales61sales$190k$240k to $290k: 30 sales$290k to $340k: 31 sales$290k$340k to $390k: 6 sales$390k to $440k: 7 sales$390k$440k to $490k: 8 salesMedian $225k

What the numbers say

As of October 19, 2026, Resideline is tracking 30 active listings and 2 pending sales in ZIP code 24012. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $265,000, while the median of the 225 closed sales Resideline tracked over the last six months was $225,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 24012 for 77 days.

Frequently asked questions

What is the median home price in 24012?

The median closed sale price in Roanoke, VA 24012 was $225,000 over the last six months, based on 225 closed sales tracked by Resideline. The middle half of those sales ranged from $175,000 to $299,950.

Is 24012 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 30 active listings in 24012, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 24012 currently looks like a balanced market.

Nearby ZIP code market data

Full Roanoke, VA housing market report →

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