What the Pros Know
Market Snapshot
Zip Code 24016 | Roanoke, VA
9,605
Population
YoY
202232.8
Median Age
YoY
2022$40,664
Median Household Income
YoY
2022$210,000
Median Sale Price
16.7% MoM
12.3% YoY
6/202519
Homes Sold
11.8% MoM
13.6% YoY
6/20251.1
Months Inventory
27.7% MoM
3.6% YoY
6/202545
Days on Market
31 MoM
19 YoY
6/202521
Listings
19.2% MoM
16.7% YoY
6/2025106
Price per Sq Ft
10.7% MoM
10.8% YoY
6/2025
See 24016 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.