The story of this market
The typical home in ZIP 24101 sells for about $249,625, or $137 per square foot.
Prices are roughly flat from a year ago (-0.55%), a market in balance. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $995 a month.
ZIP 24101 — Hardy
The Roanoke housing market is currently experiencing a period of stability with a median sale price of approximately $250,000. Market velocity remains moderate, with homes selling in about 18 days, reflecting a balanced environment for both buyers and sellers. Price growth has flattened compared to the previous year, indicating a cooling trend in the broader regional market.
This area is well-suited for first-time homebuyers, families, and professionals seeking an affordable cost of living with access to urban amenities and outdoor recreation.
Median prices moved down 0.6% year over year.
Homes spend a median of 18 days on market with 1.6 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 7.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24101, Roanoke County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the Roanoke area are generally consistent with regional averages for mid-sized cities in Virginia, though specific neighborhood variations exist.
Public schools in the Roanoke area are managed by Roanoke City Public Schools and Roanoke County Public Schools, with performance ratings varying significantly by specific school and district.
The region faces moderate risks from localized flooding in low-lying areas near the Roanoke River and occasional severe weather events, with standard insurance coverage typically available.
The local economy is anchored by healthcare, education, and manufacturing sectors, with ongoing efforts to revitalize downtown and expand regional infrastructure.
Property taxes are assessed at the local level by the city or county, with rates determined by annual budget requirements and property valuations; no state-level property tax is levied.
Commuting in the area is primarily car-dependent, with major corridors like I-581 and US-220 providing access to the primary employment hubs in downtown Roanoke.
The area offers extensive outdoor amenities including the Roanoke River Greenway, Mill Mountain Park, and proximity to the Blue Ridge Parkway, alongside various shopping centers.
The rental market remains competitive with steady demand, driven by a mix of local workforce and students, with moderate vacancy pressure.
The economy is driven by major employers in the healthcare sector, such as Carilion Clinic, and the education sector, supported by local colleges and universities.
The area is served by a network of highways and local bus transit, though private vehicle ownership remains the primary mode of transportation.
Ongoing urban development projects focus on mixed-use residential and commercial spaces in the downtown and surrounding corridors.
The Roanoke County and City appraisal districts conduct annual assessments based on market value to determine property tax liabilities.
Parcels are subject to local school district taxes and municipal service fees, with no major MUD/PID districts reported.
Property insurance premiums are influenced by regional weather patterns and hazard exposure, remaining generally stable for standard residential properties.
Data retrieved from ZCTA-level census profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Splash Valley4.415.1 mi
- Launching Pad Trampoline Park & Family Fun Center4.313.9 mi
- Sky Zone Trampoline Park4.112.8 mi
- Green Ridge Recreation Center4.415.1 mi
- Chuck E. Cheese4.210 mi
- Salem Civic Center4.214.8 mi
- Berglund Center410 mi
- Golden Corral Buffet & Grill4.413 mi
- Taubman Museum of Art4.79.7 mi
- Kirk Family YMCA4.710.2 mi
- Mill Mountain Star4.88.5 mi
- Explore Park4.74.9 mi
- Mill Mountain Zoo4.28.6 mi
- Virginia Museum of Transportation4.710.1 mi
- Amtrak3.99.9 mi
- Virginia Museum of Transportation4.710.1 mi
- Black Dog Salvage - Main Showroom4.710.7 mi
- National D-Day Memorial4.918.2 mi
- Taubman Museum of Art4.79.7 mi
- Booker T. Washington National Monument4.75.8 mi
- Explore Park4.74.9 mi
- Elmwood Park4.69.6 mi
- Wasena Park4.510.5 mi
- Smith Mountain Lake Beach4.512.4 mi
- Smith Mountain Lake Community Park4.712.2 mi
- Drifter's4.39.6 mi
- Mitchell's Point Marina4.715.8 mi
- Magnum Point Marina & Restaurant4.511.8 mi
- Gills Creek Marina & Lodge4.711.2 mi
- Goodhue Boat Company, Blackwater4.511.7 mi
- Ballyhack Golf Club4.86 mi
- Blue Hills Golf Club4.210.8 mi
- Copper Cove Golf Club45.6 mi
- Hunting Hills Country Club4.39.6 mi
- Valley View Mall4.212.3 mi
- Tanglewood Mall3.810 mi
- T.J. Maxx & HomeGoods4.310.2 mi
- The Fresh Market4.49.8 mi
- Homestead Creamery4.85 mi
- Roanoke-Blacksburg Airport4.213.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features the iconic Roanoke Star and extensive hiking trails.
A major paved trail system for cycling and walking along the river.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.