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Market Intelligence · VA / Roanoke

Roanoke, VA 24018 Housing Market

The typical home value in Roanoke's 24018 ZIP is $375,478, up 2.3% over the past year. The median list price stands at $399,475, with homes typically spending 57 days on the market as of September 2026.

Updated September 2026Median value$375K

The median home value in Roanoke, VA 24018 is $375K as of September 2026, up 2.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 24018 range

$345K to $406K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.3% over 12 months

Typical home value in 24018 over the last 12 months: $367K in Sep 2025 to $375K in Sep 2026 (+2.3%).

Sep 2025$367K

Sep 2026$375K

The numbers

What is the 24018 housing market like?

Typical home value

$375K

Up2.3%YoY

Median list price

$399K

Down0.1%MoM

Days on market

57

Up9.6%MoM

Homes for sale

155

Up11.5%MoM

Price cuts

37.8%

Up15.7%MoM

New listings

74

Up8.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

24018 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 24018 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 24018 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 24018?

Zillow's forecast does not call for a drop: it expects typical home values in 24018 to rise 1.7% by September 2027, after a 2.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 24018 home prices compare?

  • 24018$375,478
  • Roanoke$261,556
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Roanoke: 8 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

The 24018 market is showing moderate activity, with 155 homes for sale and 74 new listings as of September 2026. However, 37.8% of those listings have already received a price cut, suggesting some sellers are adjusting expectations. The median of 57 days on market indicates properties are taking time to move. While values have gained 2.3% annually, the prevalence of price reductions points to a shift toward caution. Sellers should expect a more measured pace and consider pricing strategically from the start.

Monthly payment

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20% · $75,096

Common questions

What people ask us.

What is the typical home value in 24018?

The typical home value in 24018 is $375,478 as of September 2026, up 2.3% over the past year.

How many homes are for sale in 24018?

There are 155 homes for sale in 24018 as of September 2026, with 74 new listings added during the same period.

How long do homes typically take to sell in 24018?

Homes in 24018 spend a median of 57 days on the market as of September 2026.

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