The story of this market
The typical home in ZIP 24011 sells for about $839,300, or $4,937 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,117 a month.
ZIP 24011 — Roanoke
The 24011 ZIP code represents a highly dense, urban downtown market with limited inventory and high price points relative to the broader Roanoke area. Market activity is stable, driven by urban professionals and a high concentration of rental properties. Data reflects a niche, low-volume market segment within the city.
This ZIP is best suited for urban professionals and investors seeking high-density, central city living with immediate access to downtown amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 39 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96.27% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 7.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24011, Roanoke city, Virginia
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is a dense urban core in downtown Roanoke with limited new residential development space.
Property taxes are assessed by the City of Roanoke; rates are set annually by the city council.
Located in the heart of downtown Roanoke, this ZIP offers high walkability and immediate access to major city employment hubs.
The area features proximity to downtown shopping, dining, and the Roanoke River Greenway.
The rental market is characterized by high density and urban demand, with limited vacancy due to the central location.
The economy is anchored by healthcare, education, and government services within the Roanoke metropolitan area.
Served by the Valley Metro transit system and major highway corridors including I-581.
Development is focused on urban infill and revitalization projects within the downtown core.
Parcels are subject to City of Roanoke municipal taxes and standard utility service districts.
Data retrieved from data.census.gov for ZCTA 24011.
- Splash Valley4.45.5 mi
- Launching Pad Trampoline Park & Family Fun Center4.34.9 mi
- Sky Zone Trampoline Park4.13.3 mi
- Green Ridge Recreation Center4.45.5 mi
- Chuck E. Cheese4.23.9 mi
- Salem Civic Center4.25.5 mi
- Berglund Center40.7 mi
- Golden Corral Buffet & Grill4.43.6 mi
- Taubman Museum of Art4.70.2 mi
- Kirk Family YMCA4.70.5 mi
- Mill Mountain Star4.81.4 mi
- Explore Park4.75.4 mi
- Dixie Caverns4.512.9 mi
- McAfee Knob Trailhead4.911.1 mi
- Mill Mountain Zoo4.21.6 mi
- Virginia Museum of Transportation4.70.3 mi
- Black Dog Salvage - Main Showroom4.71.4 mi
- Taubman Museum of Art4.70.2 mi
- Booker T. Washington National Monument4.715.5 mi
- Roanoke Pinball Museum4.80.1 mi
- Explore Park4.75.4 mi
- McAfee Knob Trailhead4.911.1 mi
- Green Hill Park4.79.4 mi
- Elmwood Park4.60.2 mi
- Wasena Park4.51.2 mi
- Drifter's4.318.9 mi
- Goodhue Boat Company, Eastlake4.518.9 mi
- Ballyhack Golf Club4.83.7 mi
- Blue Hills Golf Club4.23.6 mi
- Hidden Valley Country Club4.56 mi
- Ashley Plantation Country Club4.411.7 mi
- Hunting Hills Country Club4.34.3 mi
- Valley View Mall4.22.7 mi
- Tanglewood Mall3.83.5 mi
- T.J. Maxx & HomeGoods4.33.6 mi
- The Fresh Market4.41.4 mi
- Ross Dress for Less4.23.4 mi
- Roanoke-Blacksburg Airport4.23.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing recreation and connectivity.
The primary commercial and entertainment district of the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.