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Roanoke Metro Area Housing

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As of 2010-2014, median price of a house in Roanoke Area is $169,400, which is lower than the state average of $243,500 and is about the same as the national average of $175,700. The median year that a house in Roanoke Area was built is 1974, which is older than the median year for a house built in the state which is 1980 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 89,833 Owner Occupied Houses in Roanoke Area, #195

Roanoke Area	169,400 USD
Virginia	243,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Roanoke Area	8.66%
Virginia	94.18%
U.S.	46.91%

*The Roanoke Area median house price growth rate is since 2005-2009. The Virginia and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Roanoke Area	Virginia	U.S.
Total Housing Units	145,379, see rank, 100%	3,403,241	132,741,033
Occupied Housing Units	128,965, 88.71%, see rank	89.38%	87.55%
Owner Occupied	89,833, 61.79%, see rank	59.60%	56.34%
Renter Occupied	39,132, 26.92%, see rank	29.78%	31.21%
Vacant Housing Units	16,414, 11.29%, see rank	10.62%	12.45%
For Rent	2,491, 1.71%, see rank	2.10%	2.34%
For Sale Only	2,539, 1.75%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	965, 0.66%, see rank	1.20%	0.92%
For Seasonal, Recreational, or Occasional Use	4,806, 3.31%, see rank	2.67%	3.97%
For Migrant Workers	9, 0.01%, see rank	0.02%	0.03%
Other Vacant	5,604, 3.85%, see rank	3.55%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #486

Roanoke Area	Virginia	U.S.
1974	1980	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Roanoke Area	%	Virginia	U.S.
Owner-Occupied Units	89,833	100%	2,028,244	74,787,460
With a Mortgage	57,258	63.74%, see rank	71.14%	65.58%
Without a Mortgage	32,575	36.26%, see rank	28.86%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Roanoke Area	1,259 USD
Virginia	1,742 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Roanoke Area	%	Virginia	U.S.
$299 or Less	87	0.15%, see rank	0.23%	0.20%
$300 to $499	1,318	2.30%, see rank	1.45%	1.59%
$500 to $699	3,346	5.84%, see rank	3.72%	5.01%
$700 to $999	10,938	19.10%, see rank	10.40%	14.32%
$1,000 to $1,499	21,581	37.69%, see rank	23.15%	27.90%
$1,500 to $1,999	10,657	18.61%, see rank	21.20%	20.35%
$2,000 to $2,999	7,274	12.70%, see rank	24.77%	19.52%
$3,000 or More	2,057	3.59%, see rank	15.06%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Roanoke Area	23.20% of the Total Income
Virginia	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Roanoke Area	%	Virginia	U.S.
10% or Less	3,345	5.84%, see rank	6.18%	5.86%
10% to 20%	19,136	33.42%, see rank	32.74%	31.95%
20% to 30%	16,128	28.17%, see rank	29.30%	27.64%
30% to 40%	7,829	13.67%, see rank	13.96%	13.74%
40% or More	10,641	18.58%, see rank	17.46%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Roanoke Area	380 USD
Virginia	429 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Roanoke Area	%	Virginia	U.S.
$199 or Less	2,657	8.16%, see rank	8.34%	7.76%
$200 to $299	6,283	19.29%, see rank	17.18%	14.70%
$300 to $499	15,323	47.04%, see rank	35.90%	34.63%
$500 to $699	5,728	17.58%, see rank	20.27%	21.16%
$700 or More	2,584	7.93%, see rank	18.31%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Roanoke Area	10.90% of the Total Income
Virginia	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Roanoke Area	%	Virginia	U.S.
10% or Less	14,842	45.56%, see rank	46.49%	40.19%
10% to 20%	10,321	31.68%, see rank	29.97%	31.47%
20% to 30%	3,569	10.96%, see rank	10.53%	12.24%
30% to 40%	1,398	4.29%, see rank	4.67%	5.64%
40% or More	2,029	6.23%, see rank	7.24%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Roanoke Area	Virginia	U.S.
Total Housing Units	145,379, 100%	3,403,241	132,741,033
1-unit, Detached	104,328, 71.76%, see rank	61.97%	61.65%
1-unit, Attached	4,627, 3.18%, see rank	10.88%	5.82%
2 Units	4,575, 3.15%, see rank	1.67%	3.75%
3 or 4 Units	3,789, 2.61%, see rank	2.74%	4.43%
5 to 9 Units	5,271, 3.63%, see rank	4.64%	4.78%
10 or More Units	13,872, 9.54%, see rank	12.76%	13.08%
Mobile Home, Boat, RV, Van, etc.	8,917, 6.13%, see rank	5.34%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Roanoke Area	Virginia	U.S.
Total Housing Units	145,379, 100%	3,403,241	132,741,033
1 Room	2,455, 1.69%, see rank	1.33%	1.95%
2 Rooms	2,024, 1.39%, see rank	1.73%	2.48%
3 Rooms	8,332, 5.73%, see rank	6.92%	9.13%
4 Rooms	20,130, 13.85%, see rank	14.48%	16.60%
5 Rooms	27,885, 19.18%, see rank	17.82%	20.41%
6 Rooms	27,015, 18.58%, see rank	16.80%	18.06%
7 Rooms	20,255, 13.93%, see rank	13.06%	12.27%
8 Rooms	16,109, 11.08%, see rank	10.92%	8.48%
9 Rooms or More	21,174, 14.56%, see rank	16.94%	10.60%
Median Rooms	5.90, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Roanoke Area	Virginia	U.S.
Total Housing Units	145,379, 100%	3,403,241	132,741,033
No Bedroom	2,653, 1.82%, see rank	1.46%	2.17%
1 Bedroom	11,253, 7.74%, see rank	8.47%	11.16%
2 Bedrooms	36,477, 25.09%, see rank	23.83%	26.69%
3 Bedrooms	62,750, 43.16%, see rank	39.65%	39.70%
4 Bedrooms	25,714, 17.69%, see rank	20.28%	16.05%
5 or More Bedrooms	6,532, 4.49%, see rank	6.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Roanoke Area	Virginia	U.S.
Total Housing Units	128,965, 100%	3,041,710	116,211,092
Utility Gas	45,689, 35.43%, see rank	33.74%	48.85%
Bottled, Tank, or LP Gas	5,358, 4.15%, see rank	4.51%	4.86%
Electricity	62,548, 48.50%, see rank	52.28%	36.68%
Fuel Oil, Kerosene, etc.	9,737, 7.55%, see rank	6.01%	5.86%
Coal or Coke	34, 0.03%, see rank	0.08%	0.12%
Wood	4,995, 3.87%, see rank	2.76%	2.12%
Solar Energy	37, 0.03%, see rank	0.02%	0.05%
Other Fuel	316, 0.25%, see rank	0.29%	0.47%
No Fuel Used	251, 0.19%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Roanoke Area	Virginia	U.S.
Occupied Units Paying Rent	36,683, 100%	957,686	39,201,928
$199 or Less	1,154, 3.15%, see rank	1.61%	1.50%
$200 to $299	1,394, 3.80%, see rank	2.46%	3.18%
$300 to $499	3,872, 10.56%, see rank	5.54%	7.37%
$500 to $699	8,720, 23.77%, see rank	10.39%	16.01%
$700 to $999	13,480, 36.75%, see rank	22.57%	29.17%
$1,000 to $1,499	7,047, 19.21%, see rank	30.50%	26.88%
$1,500 to $1,999	700, 1.91%, see rank	15.76%	9.79%
$2,000 or More	316, 0.86%, see rank	11.16%	6.10%
Median	$756, see rank	$1,108	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Roanoke Area	Virginia	U.S.
Occupied Housing Units	128,965, 100%	3,041,710	116,211,092
No Vehicles Available	9,575, 7.42%, see rank	6.38%	9.12%
1 Vehicles Available	40,338, 31.28%, see rank	30.54%	33.80%
2 Vehicles Available	45,612, 35.37%, see rank	38.24%	37.48%
3 or More Vehicles Available	33,440, 25.93%, see rank	24.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.