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Gainsboro Homes for Sale

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  • /26

    $209,900

    • 3 Beds
    • 1.5 Baths
    • 1,144 Sq Ft

    321 Patton Ave NW, Roanoke, VA 24016

    Check out this cozy 2-story in the heart of the city and close to everything! Extensively updated to include new roof, siding, electrical and plumbing, concrete driveway, decking, beautiful tile flooring, walls and paint, and appliances.

    Patton Kelly PROPERTY NAVIGATORS LLC

    321 Patton Ave NW, Roanoke, VA 24016
  • /2

    $172,480

    • 1,768 Sq Ft

    414 Harrison Ave NW, Roanoke, VA 24016

    Occupied, A - Lease end 2/28/27, B - MTM

    Courtnee Bishop MKB, REALTORS(r)

    414 Harrison Ave NW, Roanoke, VA 24016
  • /2

    $7,333

    • Land
    • 0.11 Acre
    • $66,664 per Acre

    0 Patton Ave NW, Roanoke, VA 24016

    Conveniently located lot in Northwest Roanoke City with close proximity to downtown. Zoned RM-1.

    Victor Coffey RE/MAX ALL STARS

    0 Patton Ave NW, Roanoke, VA 24016
  • /2

    $7,612

    • Land
    • 0.13 Acre
    • $58,554 per Acre

    411 5th St NW, Roanoke, VA 24016

    Conveniently located lot in NW. Close proximity to downtown Roanoke. Zoned RM-1.

    Victor Coffey RE/MAX ALL STARS

    411 5th St NW, Roanoke, VA 24016
  • /2

    $125,000

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    405 Harrison Ave NW, Roanoke, VA 24016

    Large 2br room need minor upgrades seller would like to see someone to do sweat equity to enhance the property. large eat in kitchen Home built in 1997 great buy for right owner

    Sheila Wright ALIEHS GOLD REALTY COMPANY

    405 Harrison Ave NW, Roanoke, VA 24016
  • /43

    $249,500 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,260 Sq Ft

    211 Harrison Ave NW, Roanoke, VA 24016

    New home at a substantial discounts for a limited time only. Beautiful, quality NEW CONSTRUCTION home in convenient Location to downtown!Beautiful Mountain View's! Main level open floor plan is perfect for entertaining while the master suite is a great place to relax!. Walk-in closet, granite counter tops, and LVP Engineered floors are all included in this well priced home! No construction loan

    Brandon Bayse RE/MAX ALL STARS

    211 Harrison Ave NW, Roanoke, VA 24016
  • /2

    $160,780

    • 2,000 Sq Ft

    404 Harrison Ave NW, Roanoke, VA 24016

    Income producing property! Tri-Plex. Long-term tenants. Seller pays water/sewer. Close to downtown.

    Courtnee Bishop MKB, REALTORS(r)

    404 Harrison Ave NW, Roanoke, VA 24016
  • /2

    $172,480

    • 1,871 Sq Ft

    224 Gilmer Ave NW, Roanoke, VA 24016

    Occupied, A - Lease ends 2/28/26, B - MTM

    Courtnee Bishop MKB, REALTORS(r)

    224 Gilmer Ave NW, Roanoke, VA 24016

Why Live in Gainsboro

Gainsboro, the oldest neighborhood in Roanoke, is rich in history and cultural significance, particularly as a hub for Black connection and advocacy during the era of segregation. Key historical sites include the Gainsboro Branch Library, which offers a collection of Black literature and hosts events celebrating Black history. Other landmarks include Burrell Memorial Hospital and Hotel Dumas, which hosted legendary musicians such as Louis Armstrong and Ella Fitzgerald. Today, the neighborhood remains a focal point for community events and resources, with the Gainsboro Neighborhood Organization actively working to preserve its heritage. Gainsboro features historic home architecture, with residences dating back to the late 1800s and early 1900s, including cottages, American Foursquares and duplexes. The area is also on the city's list for home rehabilitation projects, aiming to boost homeownership. Residents are close to Downtown Roanoke, just a mile south, which includes a variety of dining options, including Alejandro's Mexican Grill and Martin’s Downtown, as well as the Roanoke Co+op for local produce. The neighborhood's annual block party, sponsored by Coca-Cola, is a highlight, featuring fashion shows, raffles and food vendors. Entranceway Park and the Lick Run Greenway offer green spaces, with the latter connecting residents to Washington Park, which has athletic courts and pools. Gainsboro Road, the main corridor, is set for pedestrian and cyclist-friendly improvements. The neighborhood is well-connected, with Valley Metro bus stops and access to Interstate 581. For longer trips, the Roanoke-Blacksburg Regional Airport is 4 miles northwest, and the Roanoke Amtrak station is about half a mile south.

Frequently Asked Questions

Is Gainsboro a good place to live?
Gainsboro is a good place to live. Gainsboro is considered somewhat walkable and bikeable with good transit options. Gainsboro has 2 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 40. The average household income is $50,458 which is below the national average. College graduates make up 16.2% of residents. A majority of residents in Gainsboro are renters, with 72.3% of residents renting and 27.7% of residents owning their home. A local real estate agent serving Gainsboro can help you decide if this neighborhood is the right one for you. Learn more on our Gainsboro neighborhood guide.
Is Gainsboro, VA a safe neighborhood?
Gainsboro, VA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Gainsboro?
The median home price in Gainsboro is $137,425. If you put a 20% down payment of $27,500 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $29K a year to afford the median home price in Gainsboro. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gainsboro is $50K.
What are the best public schools in Gainsboro?
The best public schools that serve Gainsboro are:
What are the best private schools in Gainsboro?
The best private schools that serve Gainsboro are:
What are the most popular zip codes in Gainsboro, Roanoke, VA?
The most popular zip codes in Gainsboro, Roanoke, VA include 24016, 24011, 24012, 24013 and 24017.
What are the most popular neighborhoods near Gainsboro, Roanoke, VA?
The most popular neighborhoods near Gainsboro, Roanoke, VA are Harrison, Gilmer, Downtown Roanoke, Washington Park and Belmont.
Are home prices dropping in Gainsboro?
Yes, home prices in Gainsboro are down 17% in the last 12 months.

Home Trends in Gainsboro, VA

Housing Trends

Median Sale Price
$140,000
Median Single Family Sale Price
$140,750
Average Price Per Sq Ft
$121
Number of Homes for Sale
3
Last 12 months Home Sales
13
Months of Supply
2.80
Median List Price
$137,425
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-22%
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