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Downtown Roanoke Homes for Sale

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  • 204 S Jefferson St Unit 2, Roanoke, VA 24011
    204 S Jefferson St Unit 2, Roanoke, VA 24011
    204 S Jefferson St Unit 2, Roanoke, VA 24011
    /41

    $560,000

    • 2 Baths
    • 3,899 Sq Ft

    204 S Jefferson St Unit 2, Roanoke, VA 24011

    This currently listed for sale/lease office condo presents a great opportunity for residential conversion! Priced $73,300 below the current tax assessment and $144 per square foot, this property leaves plenty of room for earn in equity. The last two condominium sales in this building traded for for $223 and $281 per square foot, so schedule your tour today!

    Jackson Walker WALKER REAL ESTATE SOLUTIONS

    204 S Jefferson St Unit 2, Roanoke, VA 24011
  • 131 2nd St SW, Roanoke, VA 24011
    131 2nd St SW, Roanoke, VA 24011
    131 2nd St SW, Roanoke, VA 24011
    /4

    $29,500

    • Land
    • 13,068 Sq Ft
    • $98,333 per Acre

    131 2nd St SW, Roanoke, VA 24011

    Combine these 4 lots into one, water & sewer could be available without extensions. There are a few options, depending on the type of units proposed. Water & sewer hookups to be purchaser's responsibility and expense. Ask for details.

    Gerry Sharpe SHARPE RESOURCES

    131 2nd St SW, Roanoke, VA 24011
  • 400 Salem Ave SW Unit 2-I, Roanoke, VA 24016
    400 Salem Ave SW Unit 2-I, Roanoke, VA 24016
    400 Salem Ave SW Unit 2-I, Roanoke, VA 24016
    /29

    $230,000

    • 1 Bed
    • 1 Bath
    • 774 Sq Ft

    400 Salem Ave SW Unit 2-I, Roanoke, VA 24016

    Experience effortless downtown living in this chic 1-bedroom, 1-bath condo at the fabulous Fulton Motor Lofts! Featuring polished concrete floors and an open, single-level design, this move-in-ready home boasts a modern industrial style with modern appliances and systems in an established building. An on-site storage unit provides additional storage and convenience. Walk to Big Lick Brewery,

    David Spangler KELLER WILLIAMS REALTY ROANOKE

    400 Salem Ave SW Unit 2-I, Roanoke, VA 24016
  • 109 Campbell Ave SW, Roanoke, VA 24011
    109 Campbell Ave SW, Roanoke, VA 24011
    109 Campbell Ave SW, Roanoke, VA 24011
    /70

    $1,850,000

    • 2 Beds
    • 2 Baths
    • 4,716 Sq Ft

    109 Campbell Ave SW, Roanoke, VA 24011

    Extensively updated building w/ extremely high-end materials & great views. Recently used as an art gallery & Airbnb w/ two dwelling units. Entry level features former art gallery w/ full size kitchen-plywood from floor to ceiling for easy hanging of artwork. Two residential units upstairs, each decorated as two bedrooms w/ Wolf gas stove, Cove dishwasher, sub zero fridge, large primary suite

    Bob Parcell MOUNTAIN TO LAKE REALTY

    109 Campbell Ave SW, Roanoke, VA 24011
Virginia Roanoke City County Roanoke

Real Estate & Homes for Sale in Downtown Roanoke, Roanoke

Why Live in Downtown Roanoke
Downtown Roanoke blends historic charm with modern amenities. The neighborhood features converted automobile factories now serving as condo complexes and a variety of dining options, from steakhouses to dive bars. Housing options range from one-bedroom condos in renovated early 1900s buildings to three-bedroom units in historic skyscrapers. The Roanoke City Market, an open-air market that has been open since 1882, offers seasonal produce, fresh flowers and artisan goods daily. Elmwood Park, a 200-acre space, hosts concerts, festivals and a variety of activities. Events at the park's amphitheater include the Budweiser Summer Concert Series and the Blue Ridge Marathon’s Finish Festival. These include a spray park, playground and ice skating rink. The park also features the Mill Mountain Greenway, a 3-mile paved route ending at the Mill Mountain Star. Cultural attractions include the Taubman Museum of Art, the Jefferson Center for performing arts, and the Roanoke Pinball Museum. The neighborhood also features the Kirk Family YMCA and St. John’s Episcopal Church. Downtown Roanoke is renowned for its walkability and is home to the city's Amtrak station, offering passenger rail connections to major East Coast destinations. Numerous Valley Metro bus stops are in the neighborhood. The Roanoke-Blacksburg Regional Airport is 5 miles away.
Learn more about living in Downtown Roanoke

Downtown Roanoke, Roanoke, VA Home Prices vs. Nearby Neighborhoods

Downtown Roanoke Gainsboro West End Miller Court-Arrowood
Median Home Price
$245,000
$199,900
$264,975
$234,975
Median Sale Price
$230,000
-8% YoY
$197,500
+58% YoY
$264,975
+25% YoY
$290,000
+31% YoY
Median Single Family Price
$575,000
$190,000
$179,950
$290,000
Total Active Listings
3 listings
1 listing
0 listings
5 listings
Market Conditions
5 Months of Supply
Balanced Market
2 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
7 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Downtown Roanoke a good place to live?
Downtown Roanoke is a good place to live. Downtown Roanoke is considered somewhat walkable and bikeable with good transit options. Downtown Roanoke has 1 park for recreational activities.It is somewhat dense in population with 9.0 people per acre and a median age of 35. The average household income is $76,177 which is below the national average. College graduates make up 62.8% of residents. A majority of residents in Downtown Roanoke are renters, with 93% of residents renting and 7% of residents owning their home. A local real estate agent serving Downtown Roanoke can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Roanoke neighborhood guide.
How much do you need to make to afford a house in Downtown Roanoke?
The median home price in Downtown Roanoke is $245,000. If you put a 20% down payment of $49,000 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $1,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $54K a year to afford the median home price in Downtown Roanoke. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Roanoke is $76K.
What are the best public schools in Downtown Roanoke?
The best public schools that serve Downtown Roanoke are:
What are the best private schools in Downtown Roanoke?
The best private schools that serve Downtown Roanoke are:
What are the most popular zip codes in Downtown Roanoke, Roanoke, VA?
The most popular zip codes in Downtown Roanoke, Roanoke, VA include 24016, 24017, 24015, 24013 and 24012.
What are the most popular neighborhoods near Downtown Roanoke, Roanoke, VA?
The most popular neighborhoods near Downtown Roanoke, Roanoke, VA are Gilmer, Downtown Roanoke, Old Southwest, Hurt Park and Harrison.
Are home prices dropping in Downtown Roanoke?
Yes, home prices in Downtown Roanoke are down 38% in the last 12 months.
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