Updated May 2026 · Redfin · 3-month window
24016 Real Estate Market Update: Roanoke, VA, May 2026
The latest housing-market numbers for ZIP code 24016 in Roanoke, Virginia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $193K | ▼ -6.1% | ▲ +20.3% |
| Days on market | 26 | ▼ -7.1% | ▼ -27.8% |
| Homes for sale | 38 | • 0.0% | ▲ +18.8% |
| Sale-to-list | 94.8% | ▲ +0.8% | • 0.0% |
| Homes sold | 22 | ▼ -12.0% | ▼ -21.4% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 24016 numbers say
Prices in Roanoke's 24016 ZIP are still climbing. The median sale price reached $192,500, up 20.3% year over year. Homes here move fast: a typical listing goes under contract in about 26 days, and sellers are getting 94.8% of list price.
Based on 22 recent sales, 24016 is currently an active market.
What this means if you sell in 24016
Use these figures to set expectations early. Lead a listing appointment with the median price and the 26-day pace, show the year-over-year direction, and frame 24016 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Roanoke post →Frequently asked: the 24016 housing market
- What is the median home price in ZIP 24016 (Roanoke, VA)?
- As of May 2026, the median sale price in ZIP 24016 is $192,500 (+20.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 24016 a buyer's or seller's market right now?
- ZIP 24016 is currently an active market, based on a 94.8% sale-to-list ratio, about 26 days on market for May 2026.
- How long do homes take to sell in ZIP 24016?
- A typical listing in 24016 goes under contract in about 26 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 24016 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.