How Long Do Homes Typically Stay on the Market in Roanoke?

by Walter Grewe

   

If you're thinking about buying or selling in the Roanoke Valley, one of the most common questions you may have is: How long do homes typically stay on the market right now? The answer offers helpful insight into the pace and balance of the market.

Over the past few years, Roanoke experienced an unusually fast-moving market, with many homes going under contract in just a few days. While some properties still move quickly, the pace has returned to something more sustainable. Today, most homes in Roanoke City, Roanoke County, Salem, Botetourt, and surrounding areas stay on the market for a few weeks on average, depending heavily on price point, condition, and location.

Homes in popular neighborhoods like Grandin, Raleigh Court, and Cave Spring may still attract faster activity—especially if they’re updated and priced correctly. Meanwhile, homes that need work, sit at higher price points, or are located farther from amenities may take longer, sometimes several weeks or more. This is perfectly normal for a balanced market.

One thing hasn’t changed: presentation matters. Homes that are clean, well‑staged, and priced accurately based on recent comparable sales consistently draw more showings and more timely offers. Even in a slower market, buyers respond to move‑in‑ready homes.

Another important factor is seasonality. Spring and early summer traditionally bring more buyers, which can lead to faster sales. Fall and winter often see fewer listings and fewer showings, but serious buyers still shop year‑round—especially those relocating, downsizing, or timing a purchase around life changes.

For sellers, understanding realistic expectations is key. A home that doesn’t sell in 48 hours isn’t a problem—it’s simply part of the market’s natural rhythm. For buyers, a slightly slower pace can be a major advantage, giving you more time to evaluate options, conduct inspections, and make confident decisions.

If you're considering a move, we’re happy to pull the latest days‑on‑market data for your specific neighborhood and price range so you know exactly what to expect.

— Walter & Debra
The Roanoke Real Estate Team

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