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Saturday, April 26, 2025

Pricing for the median home in Roanoke increased during the fourth quarter of 2021

Webp re 8

The median sale price of a home sold in the fourth quarter of 2021 in Roanoke rose by $13,200 while total sales decreased by 80%, according to BlockShopper.com.

From October through December of 2021, there were two homes sold, with a median sale price of $114,950 - a 13% increase over the $101,750 median sale price for the same period of the previous year. There were 10 homes sold in Roanoke in the fourth quarter of 2020.

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

The following table compares Roanoke to other Woodford County cities in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Germantown Hills57-28.6%$243,000$189,90028%
Metamora520-75%$240,000$141,45069.7%
Eureka1225-52%$170,500$161,5005.6%
El Paso725-72%$162,000$115,50040.3%
Spring Bay31200%$135,000$47,500184.2%
Roanoke210-80%$114,950$101,75013%
Benson110%$102,500$115,000-10.9%
Washburn220%$85,500$88,250-3.1%
Minonk417-76.5%$64,000$92,000-30.4%
Bay View Gardens01-100%$0$123,000-100%
Secor03-100%$0$70,000-100%
Goodfield00-$0$0-
Congerville01-100%$0$132,000-100%

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