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Saturday, April 26, 2025

Roanoke home prices rose in the third quarter of 2021

Webp re 3

The median sale price of a home sold in the third quarter of 2021 in Roanoke rose by $100,950 while total sales decreased by 81.8%, according to BlockShopper.com.

From July through September of 2021, there were two homes sold, with a median sale price of $200,950 - a 101% increase over the $100,000 median sale price for the same period of the previous year. There were 11 homes sold in Roanoke in the third quarter of 2020.

The median sales tax in Roanoke for the most recent year with available data, 2020, was $2,352, approximately 1.2% of the median home sale price for the third quarter of 2021.

The following table compares Roanoke to other Woodford County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Germantown Hills315-80%$237,500$250,000-5%
Roanoke211-81.8%$200,950$100,000101%
Goodfield3250%$192,000$128,70049.2%
Eureka618-66.7%$164,000$148,50010.4%
Metamora422-81.8%$138,500$146,276-5.3%
Spring Bay12-50%$130,000$72,00080.6%
Bay View Gardens110%$105,000$5,0002000%
El Paso524-79.2%$100,000$134,907.50-25.9%
Washburn17-85.7%$75,000$66,50012.8%
Benson13-66.7%$68,000$6,500946.2%
Minonk313-76.9%$68,000$98,500-31%

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