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City

ZIP codes

Roanoke, VA · 24003

Realtor Nov 2024 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $55K, +5.1% YoY (county); renters hold 47.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

43,575

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

---- YoY

Average Listing Price

---- YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

1-- YoY

New Listings

0-- YoY

Total Listings

1-- YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%-- YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 49,106

49Kunits

Occupied43,57588.7%

Vacant5,53111.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 43,575

44Koccupied

Owner22,85252.4%

Renter20,72347.6%

Renter Share

47.6%-1.5% YoY

Total Housing Units

49,106+0.4% YoY

FY2026 Fair Market Rent

CountyRoanoke city · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,004

/month

1 BR

$1,053

/month

2 BR

$1,254

/month

3 BR

$1,743

/month

4 BR

$2,104

/month

FMR trends · Roanoke city

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.3% to 98,355: residents under 18 are down 0.3% and those 65 and over are up 1.4%.

Median Age

38.32024

Population

Roanoke city Population

97,912+0.4% YoY

Households

Total Households

43,575+0.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.22-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 98,355

98Kresidents

Under 1822,25422.6%

Adults 18–6458,63559.6%

65 & Over17,46617.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

22,254-0.3% YoY

Population 65 & Over

17,466+1.4% YoY

Median Age

38.30+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.3%

Moved (within US)11.5%

Other0.2%

Veterans

7.3%-2.7% YoY

County Economy

County median household income is $55K, 18.3% of residents are below the poverty level, 11.8% work from home.

Income

Median Household Income

$55K+5.1% YoY

Per-Capita Income

$37K+5.1% YoY

Mean Household Income

$81K+5.0% YoY

Poverty

Below Poverty Level

18.3%-7.1% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.9%

Public transit2.4%

Worked from home11.8%

Other10.9%

Worked From Home

11.8%+10.3% YoY

Mean Commute

19.00-4.5% YoY

Done with 24003? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Roanoke, VA · 24003

Realtor Nov 2024 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $55K, +5.1% YoY (county); renters hold 47.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

43,575

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

---- YoY

Average Listing Price

---- YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

1-- YoY

New Listings

0-- YoY

Total Listings

1-- YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%-- YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 49,106

49Kunits

Occupied43,57588.7%

Vacant5,53111.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 43,575

44Koccupied

Owner22,85252.4%

Renter20,72347.6%

Renter Share

47.6%-1.5% YoY

Total Housing Units

49,106+0.4% YoY

FY2026 Fair Market Rent

CountyRoanoke city · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,004

/month

1 BR

$1,053

/month

2 BR

$1,254

/month

3 BR

$1,743

/month

4 BR

$2,104

/month

FMR trends · Roanoke city

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.3% to 98,355: residents under 18 are down 0.3% and those 65 and over are up 1.4%.

Median Age

38.32024

Population

Roanoke city Population

97,912+0.4% YoY

Households

Total Households

43,575+0.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.22-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 98,355

98Kresidents

Under 1822,25422.6%

Adults 18–6458,63559.6%

65 & Over17,46617.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

22,254-0.3% YoY

Population 65 & Over

17,466+1.4% YoY

Median Age

38.30+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.3%

Moved (within US)11.5%

Other0.2%

Veterans

7.3%-2.7% YoY

County Economy

County median household income is $55K, 18.3% of residents are below the poverty level, 11.8% work from home.

Income

Median Household Income

$55K+5.1% YoY

Per-Capita Income

$37K+5.1% YoY

Mean Household Income

$81K+5.0% YoY

Poverty

Below Poverty Level

18.3%-7.1% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.9%

Public transit2.4%

Worked from home11.8%

Other10.9%

Worked From Home

11.8%+10.3% YoY

Mean Commute

19.00-4.5% YoY

Done with 24003? Put it next to another market.