There’s No Place Like Home

Downtown digs. Lakefront living. Cute cul-de-sacs. Or country roads. Check “housing” off the list. We’ve got you covered.

Whether you dream of owning land, a modern downtown apartment, doing a little DIY with an older home, a suburban palace, or a waterfront manor, it can become a reality in the Roanoke Region. You’ll be amazed at what $250,000 can buy here.

You’ll get more house for your money. The median home has more rooms (5.7) in the Roanoke Region than the national average (5.5). Plus, there are amazing mountain views outside every window.

With competitive housing prices — 18% below the national average (based on new 2,400 square foot home) — plus a low cost of living, it’s no wonder why the Roanoke Region is been recognized as one of the best places to live.

What Does a New House Cost?

Comparing houses in different markets, with the average house standard of 2,400 square feet, new construction, for a single-family detached home.

NY Manhattan$2,074,561
NY Brooklyn $1,338,023
Washington, DC$1,041,970
San Francisco$1,297,511
Newark, NJ$576,450
San Diego$800,746
Stamford, CT $628,238
Providence, RI $432,805
Source: ACCRA, 2019 Annual Average

Median Home Price in Roanoke: $215,000

(U.S.: $270,000)

New York, NY (Manhattan)514.0
New York, NY (Brooklyn) 335.3
Newark, NJ161.5
San Francisco, CA364.8
Boston, MA 226.1
Seattle, WA225.0
San Diego, CA 213.9
Stamford, CT 184.7
Providence, RI 131.3
Roanoke, VA81.2
SOURCE: Roanoke Valley Association of Realtors and National Association of Realtors, 2019 Annual Average


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Work from Home

Bring your work home … literally.

The Roanoke metro area has the second-highest telecommuting rate — 7.3% — in the state. In 2018, the Roanoke metro area was in the top 10% of U.S. metro area telecommuting rates. The Roanoke Times

Learn more about remote work in the Roanoke Region


Photos courtesy of Vickie Clark, Long & Foster (white house) and Bill Cleveland, Coldwell Banker (brick house)