Gainsboro Houses for Sale

/2
$99,990
- 4 Beds
- 1 Bath
- 2,006 Sq Ft
204 Wells Ave NW, Roanoke, VA 24016

Investor special! This 4-bedroom, 1-bath home offers incredible potential for renovation or rental income. With ample square footage and a solid layout, this property is ready for your vision and updates. Whether you're looking to flip, add to your portfolio, or create a personalized residence, this is a fantastic opportunity. Don't miss your chance to unlock the value in this diamond in the

Mark Hardin

KELLER WILLIAMS REALTY ROANOKE

(540) 781-1110

204 Wells Ave NW, Roanoke, VA 24016
Explore Gainsboro
/18
$74,900
- 3 Beds
- 2 Baths
- 1,550 Sq Ft
127 Patton Ave NW, Roanoke, VA 24016

Investor opportunity! This property is ready for someone with vision to bring it back to life and unlock its true potential. With solid bones and a convenient location, it's an ideal project for a flip or a long-term rental. Whether you're looking to renovate and resell or add to your investment portfolio, this home offers plenty of upside and flexibility. Don't miss out on the chance to

Todd Maxey KELLER WILLIAMS REALTY ROANOKE

127 Patton Ave NW, Roanoke, VA 24016
/14
$141,950
- 3 Beds
- 1.5 Baths
- 1,230 Sq Ft
302 Patton Ave NW, Roanoke, VA 24016

Great investment property or single family home. Two story, with three bedrooms, one-full bath and one half bath. Features one bedroom on the main level, along with an eat-in-kitchen and large family room. Half bath on the main level. Two bedrooms upstairs with spacious full bath. Excellent corner lot and exterior led partial basement.

Robert Hartman REALSTAR, REALTORS(r) LLC

302 Patton Ave NW, Roanoke, VA 24016
/16
$244,950
- 3 Beds
- 1.5 Baths
- 1,144 Sq Ft
321 Patton Ave NW, Roanoke, VA 24016

Wonderful home at a Great location. A few Blocks from Roanoke's Downtown where you will find many entertainment options, and government agencies. Ease access to Roanoke's main roads. This property has been fully renovated in 2025. New electrical system, new Plumbing, New roof, new walls, floors, new appliances and more. Come to see it for yourself. This one won't last long!

Teresa Guzman LONG & FOSTER - ROANOKE OFFICE

321 Patton Ave NW, Roanoke, VA 24016
/2
$249,950 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
$249,950 New Construction
- 3 Beds
- 2.5 Baths
- 1,260 Sq Ft
215 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

215 Harrison Ave NW, Roanoke, VA 24016

Virginia Roanoke City County Roanoke Gainsboro

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 segregation. Key historical sites include the Gainsboro Branch Library, Burrell Memorial Hospital, and Hotel Dumas, which hosted legendary musicians like 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. Residents enjoy proximity to downtown Roanoke, just a mile south, where they can explore a variety of dining options, including Alejandro's Mexican Grill and Martin’s Downtown, as well as the Roanoke Co+op for local produce. Gainsboro features historic architecture, with homes dating back to the late 1800s and early 1900s, including cottages, American Foursquares, and duplexes. The area is on the city's list for home rehabilitation projects, aiming to boost homeownership. The Gainsboro Library, a community pillar, offers a collection of Black literature and hosts events celebrating Black history. 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 provide green spaces, with the latter connecting residents to Washington Park, known for its athletic courts and upcoming pool renovation. Gainsboro Road, the main corridor, is set for pedestrian and cyclist-friendly improvements by 2025. 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.

Learn more about living in Gainsboro

Home Trends in Gainsboro, VA

On average, homes in Gainsboro, Roanoke sell after 76 days on the market compared to the national average of 52 days. The median sale price for homes in Gainsboro, Roanoke over the last 12 months is $125,000, down 32% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$125,000

Median Single Family Sale Price

$140,000

Median Townhouse Sale Price

$299,950

Average Price Per Sq Ft

$118

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

8.70

Median List Price

$139,950

Median Change From 1st List Price

Median Home Sale Price YoY Change

-32%

How to Buy a Home How to Finance a Home How to Sell a Home

In Gainsboro, there are currently 6 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $74,900 to $249,950, there's something for every budget. As of September, 2025 the median home price in Gainsboro, Roanoke is $139,950, while the average sale price is $116,967, providing insight into local market trends. On average, houses spend 76 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Gainsboro, Roanoke and find the perfect place to call home.

Gainsboro Types of Homes for Sale

Gainsboro Homes for Sale

More About Living in Gainsboro

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage