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Sunday, June 22, 2025

Roanoke home prices fall in the second half of 2019

Webp re 12

The median sale price of a home sold in the second half of 2019 in Roanoke fell by $40,050 while total sales increased by 5.9%, according to BlockShopper.com.

From July through December of 2019, there were 18 homes sold, with a median sale price of $59,950 - a 40.1% decrease over the $100,000 median sale price for the same period of the previous year. There were 17 homes sold in Roanoke in the second half of 2018.

The median sales tax in Roanoke for the most recent year with available data, 2018, was $2,530, approximately 4.2% of the median home sale price for the second half of 2019.

The following table compares Roanoke to other Woodford County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Germantown Hills191435.7%$212,000$166,50027.3%
Metamora2440-40%$144,500$149,750-3.5%
Eureka3040-25%$130,500$131,500-0.8%
El Paso292420.8%$105,000$98,5006.6%
Minonk925-64%$83,000$62,50032.8%
Benson72250%$72,000$115,500-37.7%
Secor4333.3%$67,095$45,50047.5%
Roanoke18175.9%$59,950$100,000-40.1%
Bay View Gardens42100%$54,450$70,000-22.2%
Washburn69-33.3%$46,000$87,000-47.1%
Spring Bay4333.3%$31,000$116,000-73.3%

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