Why Live in Downtown Roanoke
Downtown Roanoke blends historic charm with modern amenities, featuring converted automobile factories now serving as condo complexes and a variety of dining options from steakhouses to dive bars. The Roanoke City Market, an open-air market since 1882, offers seasonal produce, fresh flowers, and artisan goods daily. Elmwood Park, a 200-acre hub, hosts concerts, festivals, and a variety of activities, including 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, Jefferson Center for performing arts, and the Roanoke Pinball Museum. Downtown Roanoke is known for its walkability and access to the Amtrak station, which connects to major East Coast cities. Housing options range from one-bedroom condos in renovated early 1900s buildings to three-bedroom units in historic skyscrapers. The area is safer than the national average, with numerous Valley Metro bus stops and proximity to the Roanoke-Blacksburg Regional Airport, 5 miles away. Elmwood Park's amphitheater hosts events like the Budweiser Summer Concert Series and the Blue Ridge Marathon’s Finish Festival. The neighborhood also features the Kirk Family YMCA and St. John’s Episcopal Church, adding to the community feel.
Home Trends in Downtown Roanoke, VA
On average, homes in Downtown Roanoke, Roanoke sell after 59 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Roanoke, Roanoke over the last 12 months is $250,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$220,000
Median Townhouse Sale Price
$229,750
Average Price Per Sq Ft
$271
Number of Homes for Sale
5
Last 12 months Home Sales
9
Median List Price
$249,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-7%