The story of this market
The typical home in ZIP 24085 sells for about $249,625, or $137 per square foot.
Prices are roughly flat from a year ago (-0.55%), a market in balance. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $845 a month.
ZIP 24085 — Eagle Rock
The Roanoke housing market is currently experiencing a period of price stabilization with a median sale price of approximately $249,625. Market velocity remains competitive with homes selling in a median of 18 days, though inventory levels remain constrained. Overall, the market reflects a balanced environment for buyers and sellers.
Median prices moved down 0.6% year over year.
Homes spend a median of 18 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 8.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24085, Roanoke City, VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from Census ACS and local market portal aggregates.
- Jack Mason's Tavern & Brewery4.610.8 mi
- Roaring Run Furnace4.96.7 mi
- Historic Buchanan Swinging Bridge4.510.8 mi
- Lace Falls4.512.7 mi
- Island Ford Cave4.611.2 mi
- C&O Railway Heritage Center4.710.8 mi
- Natural Bridge State Park4.813.4 mi
- Historic Humpback Covered Bridge4.817.2 mi
- Historic Buchanan Swinging Bridge4.510.8 mi
- C&O Railway Heritage Center4.710.8 mi
- Devil's Marble Yard4.918 mi
- Roaring Run Loop Trail4.86.7 mi
- Lace Falls4.512.7 mi
- Roaring Run Day Use Area4.96.7 mi
- Roanoke-Blacksburg Airport4.225.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.