$13,165
- Land
- 6,969 Sq Ft
- $82,281 per Acre
0 22nd St NW, Roanoke, VA 24017
0 22nd St NW, Roanoke, VA 24017
Frequently Asked Questions
Is Loudon-Melrose a good place to live?
Loudon-Melrose is a good place to live. Loudon-Melrose is considered somewhat walkable and bikeable with some transit options. Loudon-Melrose has 3 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 34. The average household income is $41,198 which is below the national average. College graduates make up 2.7% of residents. A majority of residents in Loudon-Melrose are renters, with 68% of residents renting and 32% of residents owning their home. A local real estate agent serving Loudon-Melrose can help you decide if this neighborhood is the right one for you. Learn more on our Loudon-Melrose neighborhood guide.
Is Loudon-Melrose, VA a safe neighborhood?
Loudon-Melrose, VA is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Loudon-Melrose?
The median home price in Loudon-Melrose is $135,000. If you put a 20% down payment of $27,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $680 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 Loudon-Melrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Loudon-Melrose is $41K.
What are the best public schools in Loudon-Melrose?
The best public schools that serve Loudon-Melrose are:
- Patrick Henry High School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 3.7.
- Roanoke Academy for Math & Science Elementary School has a C Niche grade, a student teacher ratio of 9:1 and an average review score of 4.5.
- Lucy Addison Middle School has a C Niche grade and a student teacher ratio of 11:1.
What are the best private schools in Loudon-Melrose?
The best private schools that serve Loudon-Melrose are:
- New Vista Montessori School has a student teacher ratio of 5:1.
What are the most popular zip codes in Loudon-Melrose, Roanoke, VA?
What are the most popular neighborhoods near Loudon-Melrose, Roanoke, VA?
The most popular neighborhoods near Loudon-Melrose, Roanoke, VA are Melrose-Rugby, Harrison, Hurt Park, Gilmer and Villa Heights.
Are home prices dropping in Loudon-Melrose?
Yes, home prices in Loudon-Melrose are down 36% in the last 12 months.
