ROANOKE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Roanoke averaged 6.61% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-07-11) was 7.13% and one month ago for the week of 2024-06-13, the average rate was 7.19%.

Roanoke's average rate one year ago was 7.1%.

For refis of the same type during the week of 2024-07-18, the average rate was 7.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-18 6.77%
Roanoke 30 Year Fixed Rate 2024-07-18 6.61%
Roanoke 30 Year Fixed Rate Refi 2024-07-18 7.88%
Roanoke 15 Year Fixed Rate 2024-07-18 6.05%
Roanoke 15 Year Fixed Rate Refi 2024-07-18 6.65%
Roanoke 30 Year FHA 2024-07-18 6.72%
Roanoke 30 Year FHA Refi 2024-07-18 6.49%
Roanoke 30 Year USDA 2024-07-18 6.83%
Roanoke 30 Year USDA Refi 2024-07-18 6.73%
Roanoke 30 Year VA 2024-07-18 6.53%
Roanoke 30 Year VA Refi 2024-07-18 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROANOKE, VA.

ROANOKE Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ROANOKE, VA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 256 6.96% $5,824
QUICKEN LOANS, LLC 197 6.75% $6,161
Alcova Mortgage LLC 168 6.91% $3,885
UNION HOME MORTGAGE CORP. 98 7.08% $5,528
MOVEMENT MORTGAGE, LLC 90 6.89% $5,541
MEMBER ONE 78 6.71% $3,624
Pinnacle Bank 78 6.49% $4,265
FREEDOM FIRST 73 6.62% $3,501
Truist 57 6.53% $4,983
Citizens Bank 55 6.70% $4,831
Atlantic Union Bank 50 6.83% $5,454
UNITED WHOLESALE MORTGAGE, LLC 45 6.88% $6,582
SWBC MORTGAGE CORPORATION 42 7.08% $5,861
GUARANTEED RATE, INC. 40 6.85% $6,484
Wells Fargo Bank 39 6.65% $4,818
First-Citizens Bank & Trust Company 36 6.24% $4,659
GUILD MORTGAGE COMPANY 28 6.94% $7,224
EMBRACE HOME LOANS, INC. 23 6.65% $5,998
Prosperity Home Mortgage, LLC 22 6.66% $5,716
CNB Bank 19 6.32% $3,516
Renasant Bank 19 6.70% $6,120
First Reliance Bank 16 6.75% $3,531
First Heritage Mortgage, LLC 16 7.05% $4,799
NAVY FEDERAL CREDIT UNION 16 5.91% $3,752
CARDINAL FINANCIAL 16 6.87% $7,479
GUARANTY HOME MORTGAGE CORPORATION 14 6.40% $5,163
First National Bank of America 14 10.14% $8,873
Victorian Finance, LLC 14 6.92% $5,739
Atlantic Coast Mortgage, LLC 13 6.68% $5,721
JPMorgan Chase Bank 13 6.69% $7,298
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 12 6.74% $7,620
American National Bank and Trust Company 11 6.41% $3,948
Bank of America 11 6.17% $6,329
VANDERBILT MORTGAGE AND FINANCE, INC. 11 7.75% $6,909
FIRST BANCORP 10 7.60% $5,614
AmeriHome Mortgage Company, LLC 10 6.61% $4,113
Mr. Cooper ( Nationstar Mortgage ) 10 6.71% $6,769
Blue Ridge Bank 9 6.81% $4,998
BROKER SOLUTIONS, INC. 9 7.22% $5,753
U.S. Bank 8 6.36% $6,040
CROSSCOUNTRY MORTGAGE, LLC 8 7.26% $8,790
Morgan Stanley Private Bank 8 6.12% $3,397
First Horizon Bank 8 6.06% $3,943
Mortgage Research Center, LLC 8 6.58% $2,803
Virginia Credit Union, Inc. 7 6.14% $3,953
C & F Mortgage Corporation 7 6.77% $5,522
First National Bank of Pennsylvania 7 6.21% $5,216
LOANDEPOT.COM, LLC 7 6.62% $6,429
MUTUAL OF OMAHA MORTGAGE, INC. 7 6.71% $6,831
Ally Bank 6 6.54% $4,045
CAPITAL CENTER, L.L.C. 6 6.92% $1,475
Plains Commerce Bank 6 6.56% $9,545
NEWREZ LLC 6 6.46% $7,566
CMG MORTGAGE, INC. 6 6.52% $6,243
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.75% $6,364
Farm Credit of the Virginias, ACA 5 8.63% $1,634
NFM, INC. 5 6.85% $6,782
PENNYMAC LOAN SERVICES, LLC 5 6.95% $8,819
PROVIDENT FUNDING ASSOCIATES, L.P. 5 7.03% $6,990
STATE EMPLOYEES' 5 5.84% $4,791
The Huntington National Bank 5 6.92% $4,530
USAA Federal Savings Bank 5 6.38% $7,370
ZILLOW HOME LOANS, LLC 5 7.13% $4,909
Keystone Funding, Inc. 5 7.17% $6,713
CREDIT UNION MORTGAGE ASSOCIATION, INC. 4 6.28% $4,090
The Central Trust Bank 4 6.97% $3,678
FREEDOM MORTGAGE CORPORATION 4 7.19% $5,625
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.21% $5,392
HomeTrust Bank 4 5.81% $3,629
HOMESIDE FINANCIAL, LLC 4 7.13% $10,419
INTERCOASTAL MORTGAGE COMPANY 4 6.34% $5,084
TD Bank 4 6.19% $3,644
PNC Bank 4 6.72% $5,632
BETTER MORTGAGE CORPORATION 3 7.00% $2,215
The Farmers & Merchants Bank of Craig County 3 6.50% $6,603
LAKEVIEW LOAN SERVICING, LLC 3 6.50% $9,367
SIRVA MORTGAGE, INC. 3 6.54% $556
Flagstar Bank, FSB 3 6.45% $6,504
PENTAGON FEDERAL CREDIT UNION 3 6.33% $4,945
BNC National Bank 3 5.88% $4,028
Bell Bank 3 7.50% $5,427
The Federal Savings Bank 3 6.58% $3,475
AMERISAVE MORTGAGE CORPORATION 2 6.44% $8,807
M&T Bank 2 6.44% $4,580
Lakeview Community Capital, LLC 2 7.06% $7,986
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 2 6.94% $4,995
CHURCHILL MORTGAGE CORPORATION 2 7.00% $7,200
Regions Bank 2 7.00% $3,427
Princeton Mortgage Corporation 2 7.19% $4,575
MASON MCDUFFIE MORTGAGE CORPORATION 2 6.94% $9,259
MILEND, INC. 2 7.19% $9,911
COASTAL Federal Credit Union 2 6.44% $5,489
MORTGAGE ACCESS CORP. 2 6.69% $7,681
OCMBC, INC. 2 10.31% $13,185
City National Bank of West Virginia 2 6.30% $3,998
Wilmington Savings Fund Society, FSB 2 6.69% $7,634
First Community Bank 2 5.95% $4,289
NATION ONE MORTGAGE CORPORATION 2 6.56% $5,971
FIRST COMMUNITY MORTGAGE, INC. 2 7.13% $3,501
ValleyStar Credit Union 2 7.25% $3,669
Fifth Third Bank 2 5.93% $3,476
FIDELITY DIRECT MORTGAGE, LLC 2 8.19% $5,365
THRIVE MORTGAGE, LLC 2 6.31% $5,600
Farmers and Merchants Trust Company of Chambersburg 2 6.13% $8,005
George Mason Mortgage, LLC 2 6.44% $4,743
GSF Mortgage Corporation 2 7.18% $5,584
EMM LOANS LLC 2 7.06% $7,054
DUPONT COMMUNITY 2 6.69% $2,731
SOUTHERN TRUST MORTGAGE, LLC 2 7.19% $4,596
Discover Bank 2 6.49% $0
CBM Mortgage, Inc. 2 7.43% $5,448
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.44% $12,059
ROYAL UNITED MORTGAGE LLC 2 7.44% $7,506
Integrity Home Mortgage Corp 2 8.13% $8,025
HOMESTAR FINANCIAL CORPORATION 1 6.88% $3,023
ACADEMY MORTGAGE CORPORATION 1 6.25% $6,232
AgFirst Farm Credit Bank 1 6.75% $2,836
ALLIED MORTGAGE GROUP, INC. 1 6.38% $3,096
Ameris Bank 1 5.75% $6,529
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.75% $5,788
ARC HOME LLC 1 7.50% $3,434
Arvest Bank 1 6.88% $10,164
ASSEMBLIES OF GOD Credit Union 1 7.50% $11,882
Aurora Financial, LLC 1 7.38% $2,844
Bank of England 1 7.00% $3,408
BAY EQUITY LLC 1 6.88% $6,048
CALIBER HOME LOANS, INC. 1 6.99% $7,792
Carter Bank & Trust 1 6.75% $4,414
Celco Community Federal Credit Union 1 5.75% $2,530
Charles Schwab Bank, SSB 1 6.00% $4,091
Citadel Servicing Corporation 1 8.50% $11,694
Citibank 1 6.50% $4,935
COMMONWEALTH ONE FEDERAL CREDIT UNION 1 6.50% $4,428
Countybank 1 6.13% $2,362
DAS Acquisition Company, LLC 1 7.63% $7,036
DEEPHAVEN MORTGAGE LLC 1 8.38% $7,135
Deere Employees Credit Union 1 5.13% $3,181
First Bank 1 6.50% $6,996
FIRST COLONY MORTGAGE CORPORATION 1 7.75% $5,338
First Federal Bank 1 7.25% $4,351
First Financial Bank 1 8.13% $3,912
FIRST HOME MORTGAGE CORPORATION 1 5.88% $8,411
First Merchants Bank 1 8.50% $5,122
First National Bank of Omaha 1 7.25% $3,725
Fulton Bank 1 6.00% $4,883
Heritage Bank 1 5.88% $5,593
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 8.13% $5,739
HOMESPIRE MORTGAGE CORPORATION 1 7.38% $4,373
21ST MORTGAGE CORPORATION 1 6.80% $6,143
HOMESTEAD FUNDING CORP. 1 6.25% $3,595
LANGLEY 1 6.13% $3,317
Leader Bank 1 5.99% $5,047
LOANPAL, LLC 1 7.63% $5,647
Member Options, LLC 1 6.75% $3,272
Meridian Bank Corporation 1 6.88% $2,647
NBKC BANK 1 5.99% $6,806
NexBank 1 6.63% $10,681
N R L Federal Credit Union 1 6.88% $4,439
Paramount Residential Mortgage Group, Inc. 1 6.63% $3,539
Peoples Bank 1 6.13% $5,335
PHH Mortgage Corporation 1 6.88% $5,382
PLAZA HOME MORTGAGE, INC. 1 8.00% $8,604
PLUS RELOCATION MORTGAGE, LLC 1 6.99% $3,999
Presidential Bank, FSB 1 5.88% $10,454
Raymond James Bank 1 6.75% $3,393
RESIDENTIAL BANCORP 1 7.49% $4,042
Sandy Spring Bank 1 5.88% $3,444
Stifel Bank and Trust 1 7.00% $3,025
Strong Home Mortgage, LLC 1 6.99% $4,719
Summit Community Bank, Inc. 1 7.78% $5,971
SUMMIT FUNDING, INC. 1 7.13% $9,863
The Fidelity Bank 1 6.50% $3,512
THE MORTGAGE LINK, INC. 1 6.25% $3,455
TIDEWATER MORTGAGE SERVICES, INC. 1 7.25% $6,008
TJC Mortgage, Inc. 1 7.88% $11,681
TOWNE MORTGAGE COMPANY 1 6.63% $4,853
US MORTGAGE CORPORATION 1 5.49% $11,758
U S WIDE FINANCIAL LLC 1 5.75% $3,630
Vellum Mortgage, Inc. 1 6.13% $13,109
WesBanco 1 7.63% $4,804

ROANOKE Average Closing Costs & Other Stats

ROANOKE, VA's 180 lenders originated 6,231 loans during 2023. The total origination value was $1,516,105,000, with an average loan value of $243,316.

ROANOKE's average closing costs are $4,735.

The top ROANOKE lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 256 loans originated. Their average total fees are $5,824, which is $337 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee ROANOKE lenders (with over 10 loans originated) are FREEDOM FIRST ($3,501), CNB Bank ($3,516), First Reliance Bank ($3,531), MEMBER ONE ($3,624) and NAVY FEDERAL CREDIT UNION ($3,752).

The lowest rate ROANOKE lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.91%), Bank of America (6.17%), First-Citizens Bank & Trust Company (6.24%), CNB Bank (6.32%) and GUARANTY HOME MORTGAGE CORPORATION (6.40%).

ROANOKE, VA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $136,650,000 $91,680,000 -32.9% 6.0%
QUICKEN LOANS, LLC $112,360,000 $84,240,000 -25.0% 5.6%
MEMBER ONE $67,270,000 $75,440,000 12.1% 5.0%
Bank of Botetourt $84,785,000 $69,880,000 -17.6% 4.6%
GREYSTONE SERVICING COMPANY LLC $5,115,000 $65,675,000 1,184.0% 4.3%
M&T Realty Capital Corporation $15,955,000 $65,225,000 308.8% 4.3%
Alcova Mortgage LLC $90,880,000 $61,510,000 -32.3% 4.1%
Truist $71,980,000 $57,445,000 -20.2% 3.8%
Grandbridge Real Estate Capital LLC $52,845,000 n/a 3.5%
FREEDOM FIRST $75,315,000 $40,555,000 -46.2% 2.7%
UNION HOME MORTGAGE CORP. $32,095,000 $39,530,000 23.2% 2.6%
MOVEMENT MORTGAGE, LLC $69,990,000 $38,795,000 -44.6% 2.6%
Carter Bank & Trust $12,985,000 $36,160,000 178.5% 2.4%
Atlantic Union Bank $48,375,000 $35,100,000 -27.4% 2.3%
First-Citizens Bank & Trust Company $45,275,000 $30,745,000 -32.1% 2.0%
Pinnacle Bank $30,220,000 $27,600,000 -8.7% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $19,055,000 $26,160,000 37.3% 1.7%
Mortgage Research Center, LLC $32,730,000 $26,070,000 -20.3% 1.7%
CNB Bank $24,730,000 $25,000,000 1.1% 1.6%
American National Bank and Trust Company $62,080,000 $24,405,000 -60.7% 1.6%
Citizens Bank $38,655,000 $21,210,000 -45.1% 1.4%
Wells Fargo Bank $44,505,000 $17,660,000 -60.3% 1.2%
SWBC MORTGAGE CORPORATION $26,390,000 $16,930,000 -35.8% 1.1%
GUARANTEED RATE, INC. $11,475,000 $13,895,000 21.1% 0.9%
NAVY FEDERAL CREDIT UNION $18,225,000 $13,270,000 -27.2% 0.9%
Bank of the James $5,600,000 $13,095,000 133.8% 0.9%
GUILD MORTGAGE COMPANY $4,840,000 $12,480,000 157.9% 0.8%
First Bank $7,000,000 $12,305,000 75.8% 0.8%
HomeTrust Bank $13,235,000 $11,130,000 -15.9% 0.7%
EMBRACE HOME LOANS, INC. $31,685,000 $10,935,000 -65.5% 0.7%
Bank of America $17,905,000 $10,360,000 -42.1% 0.7%
Prosperity Home Mortgage, LLC $12,715,000 $9,380,000 -26.2% 0.6%
BLUE EAGLE CREDIT UNION $6,620,000 $9,250,000 39.7% 0.6%
Renasant Bank $26,325,000 $9,090,000 -65.5% 0.6%
CARDINAL FINANCIAL $12,405,000 $9,085,000 -26.8% 0.6%
Barings Multifamily Capital $8,535,000 n/a 0.6%
Skyline National Bank $12,070,000 $8,255,000 -31.6% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,575,000 $7,660,000 197.5% 0.5%
NATIONAL BANKSHARES, INC. $22,020,000 $7,525,000 -65.8% 0.5%
LOANDEPOT.COM, LLC $14,490,000 $7,340,000 -49.3% 0.5%
PENNYMAC LOAN SERVICES, LLC $14,750,000 $7,095,000 -51.9% 0.5%
First Heritage Mortgage, LLC $11,285,000 $6,900,000 -38.9% 0.5%
FIRST BANCORP $13,810,000 $6,835,000 -50.5% 0.5%
USAA Federal Savings Bank $5,500,000 $6,115,000 11.2% 0.4%
JPMorgan Chase Bank $8,745,000 $6,055,000 -30.8% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $15,650,000 $5,805,000 -62.9% 0.4%
Atlantic Coast Mortgage, LLC $4,190,000 $5,660,000 35.1% 0.4%
The Farmers & Merchants Bank of Craig County $5,545,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $9,015,000 $5,300,000 -41.2% 0.3%
PNC Bank $7,180,000 $5,155,000 -28.2% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $4,345,000 $4,935,000 13.6% 0.3%
First Reliance Bank $15,805,000 $4,755,000 -69.9% 0.3%
AMERISAVE MORTGAGE CORPORATION $10,895,000 $4,500,000 -58.7% 0.3%
BROKER SOLUTIONS, INC. $5,535,000 $4,390,000 -20.7% 0.3%
Blue Ridge Bank $5,055,000 $4,325,000 -14.4% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $5,805,000 $4,110,000 -29.2% 0.3%
Truliant Federal Credit Union $5,035,000 $4,065,000 -19.3% 0.3%
C & F Mortgage Corporation $1,900,000 $4,050,000 113.2% 0.3%
First National Bank $1,590,000 $4,035,000 153.8% 0.3%
First National Bank of Pennsylvania $4,350,000 $3,890,000 -10.6% 0.3%
First Horizon Bank $4,725,000 $3,710,000 -21.5% 0.2%
NEW DAY FINANCIAL, LLC $4,945,000 $3,505,000 -29.1% 0.2%
CMG MORTGAGE, INC. $3,845,000 $3,495,000 -9.1% 0.2%
NEWREZ LLC $6,765,000 $3,465,000 -48.8% 0.2%
STATE EMPLOYEES' $2,880,000 $3,370,000 17.0% 0.2%
U.S. Bank $7,585,000 $3,330,000 -56.1% 0.2%
Morgan Stanley Private Bank $4,810,000 $3,310,000 -31.2% 0.2%
Victorian Finance, LLC $3,640,000 $3,220,000 -11.5% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,815,000 $3,175,000 -34.1% 0.2%
Plains Commerce Bank $2,980,000 n/a 0.2%
NATION ONE MORTGAGE CORPORATION $2,335,000 $2,965,000 27.0% 0.2%
TD Bank $4,865,000 $2,950,000 -39.4% 0.2%
Waterstone Mortgage Corporation $920,000 $2,935,000 219.0% 0.2%
Virginia Credit Union, Inc. $2,015,000 $2,895,000 43.7% 0.2%
AmeriHome Mortgage Company, LLC $1,390,000 $2,745,000 97.5% 0.2%
Discover Bank $1,170,000 $2,695,000 130.3% 0.2%
First National Bank of America $1,755,000 $2,455,000 39.9% 0.2%
PENTAGON FEDERAL CREDIT UNION $2,985,000 $2,455,000 -17.8% 0.2%
LAKEVIEW LOAN SERVICING, LLC $3,350,000 $2,450,000 -26.9% 0.2%
First Community Bank $5,985,000 $2,435,000 -59.3% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $915,000 $2,430,000 165.6% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,385,000 $2,390,000 -45.5% 0.2%
The Federal Savings Bank $3,940,000 $2,355,000 -40.2% 0.2%
NFM, INC. $1,885,000 $2,285,000 21.2% 0.2%
Summit Community Bank, Inc. $1,565,000 $2,070,000 32.3% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $5,645,000 $2,030,000 -64.0% 0.1%
Fulton Bank $895,000 $2,000,000 123.5% 0.1%
TOWNE MORTGAGE COMPANY $2,865,000 $1,890,000 -34.0% 0.1%
CAPITAL CENTER, L.L.C. $5,480,000 $1,835,000 -66.5% 0.1%
HOMESIDE FINANCIAL, LLC $3,005,000 $1,825,000 -39.3% 0.1%
MILEND, INC. $645,000 $1,825,000 182.9% 0.1%
George Mason Mortgage, LLC $2,915,000 $1,805,000 -38.1% 0.1%
AgFirst Farm Credit Bank $4,745,000 $1,780,000 -62.5% 0.1%
Farm Credit of the Virginias, ACA $2,240,000 $1,755,000 -21.7% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,225,000 $1,725,000 40.8% 0.1%
Ally Bank $885,000 $1,710,000 93.2% 0.1%
ValleyStar Credit Union $25,600,000 $1,675,000 -93.5% 0.1%
First Federal Bank $560,000 $1,665,000 197.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,415,000 $1,615,000 14.1% 0.1%
ARC HOME LLC $225,000 $1,585,000 604.4% 0.1%
The Central Trust Bank $1,570,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,130,000 $1,535,000 35.8% 0.1%
SIRVA MORTGAGE, INC. $1,930,000 $1,490,000 -22.8% 0.1%
Carrington Mortgage Services, LLC $3,755,000 $1,480,000 -60.6% 0.1%
ZILLOW HOME LOANS, LLC $1,550,000 $1,470,000 -5.2% 0.1%
The Huntington National Bank $1,755,000 $1,425,000 -18.8% 0.1%
VILLAGE CAPITAL MORTGAGE $800,000 $1,425,000 78.1% 0.1%
GSF Mortgage Corporation $385,000 $1,420,000 268.8% 0.1%
EMM LOANS LLC $1,150,000 $1,380,000 20.0% 0.1%
TOWER $735,000 $1,280,000 74.1% 0.1%
Wilmington Savings Fund Society, FSB $1,270,000 n/a 0.1%
OCMBC, INC. $965,000 $1,255,000 30.1% 0.1%
Flagstar Bank, FSB $13,450,000 $1,225,000 -90.9% 0.1%
BNC National Bank $920,000 $1,195,000 29.9% 0.1%
CALIBER HOME LOANS, INC. $5,405,000 $1,190,000 -78.0% 0.1%
NBKC BANK $1,075,000 $1,180,000 9.8% 0.1%
LOANPAL, LLC $655,000 $1,170,000 78.6% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,395,000 $1,130,000 -19.0% 0.1%
Farmers and Merchants Trust Company of Chambersburg $1,130,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $2,240,000 $1,095,000 -51.1% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,040,000 $1,090,000 -64.1% 0.1%
PLANET HOME LENDING, LLC $1,450,000 $1,080,000 -25.5% 0.1%
Paramount Residential Mortgage Group, Inc. $425,000 $1,060,000 149.4% 0.1%
Figure Lending LLC $1,095,000 $1,055,000 -3.7% 0.1%
BETTER MORTGAGE CORPORATION $5,840,000 $1,040,000 -82.2% 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $1,725,000 $995,000 -42.3% 0.1%
FIRST COLONY MORTGAGE CORPORATION $985,000 n/a 0.1%
MCNB Bank and Trust Co. $955,000 n/a 0.1%
LENDINGONE, LLC $305,000 $950,000 211.5% 0.1%
Keystone Funding, Inc. $945,000 n/a 0.1%
MORTGAGE ACCESS CORP. $610,000 $945,000 54.9% 0.1%
City National Bank of West Virginia $940,000 n/a 0.1%
CLEARPATH LENDING $615,000 $935,000 52.0% 0.1%
INTERCOASTAL MORTGAGE COMPANY $17,720,000 $930,000 -94.8% 0.1%
Citadel Servicing Corporation $225,000 $925,000 311.1% 0.1%
RESIDENTIAL BANCORP $730,000 $910,000 24.7% 0.1%
M&T Bank $1,265,000 $895,000 -29.2% 0.1%
Princeton Mortgage Corporation $245,000 $870,000 255.1% 0.1%
COASTAL Federal Credit Union $335,000 $830,000 147.8% 0.1%
LENDINGHOME FUNDING CORPORATION $215,000 $795,000 269.8% 0.1%
SOUTHERN TRUST MORTGAGE, LLC $2,375,000 $775,000 -67.4% 0.1%
Fifth Third Bank $1,285,000 $770,000 -40.1% 0.1%
Charles Schwab Bank, SSB $355,000 $765,000 115.5% 0.1%
Citibank $380,000 $735,000 93.4% 0.0%
FAY SERVICING, LLC $85,000 $735,000 764.7% 0.0%
Lakeview Community Capital, LLC $775,000 $735,000 -5.2% 0.0%
BankPlus $725,000 n/a 0.0%
NexBank $725,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $705,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $810,000 $695,000 -14.2% 0.0%
Barrington Bank & Trust Company, N.A. $1,360,000 $690,000 -49.3% 0.0%
COMMONWEALTH ONE FEDERAL CREDIT UNION $685,000 n/a 0.0%
Magnolia Bank $780,000 $680,000 -12.8% 0.0%
PLUS RELOCATION MORTGAGE, LLC $680,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $675,000 n/a 0.0%
SPRING EQ, LLC $785,000 $645,000 -17.8% 0.0%
ALLIED MORTGAGE GROUP, INC. $640,000 n/a 0.0%
CBM Mortgage, Inc. $740,000 $640,000 -13.5% 0.0%
BMO Harris Bank $605,000 n/a 0.0%
Integrity Home Mortgage Corp $3,180,000 $600,000 -81.1% 0.0%
U S WIDE FINANCIAL LLC $595,000 n/a 0.0%
Celco Community Federal Credit Union $590,000 n/a 0.0%
The Fidelity Bank $1,920,000 $580,000 -69.8% 0.0%
Bell Bank $575,000 n/a 0.0%
Presidential Bank, FSB $575,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $2,010,000 $540,000 -73.1% 0.0%
CHURCHILL MORTGAGE CORPORATION $2,535,000 $535,000 -78.9% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $145,000 $530,000 265.5% 0.0%
Third Federal Savings and Loan Association of Cleveland $1,730,000 $530,000 -69.4% 0.0%
PHH Mortgage Corporation $1,145,000 $525,000 -54.1% 0.0%
The Bank of Marion $525,000 n/a 0.0%
21ST MORTGAGE CORPORATION $510,000 $510,000 0.0% 0.0%
Century Mortgage Company DBA Century Lending Company $315,000 $505,000 60.3% 0.0%
GUARANTEED RATE AFFINITY, LLC $505,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $505,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $1,365,000 $500,000 -63.4% 0.0%
Arvest Bank $1,285,000 $495,000 -61.5% 0.0%
GoPrime Mortgage, Inc. $985,000 $495,000 -49.7% 0.0%
Ameris Bank $420,000 $490,000 16.7% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,645,000 $490,000 -70.2% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $585,000 $485,000 -17.1% 0.0%
Strong Home Mortgage, LLC $1,880,000 $485,000 -74.2% 0.0%
Virginia National Bank $485,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $225,000 $480,000 113.3% 0.0%
RANLIFE, INC. $460,000 $480,000 4.3% 0.0%
AMWEST FUNDING CORP. $240,000 $465,000 93.8% 0.0%
Apple Federal Credit Union $270,000 $465,000 72.2% 0.0%
COMPASS MORTGAGE, INC. $465,000 n/a 0.0%
DUPONT COMMUNITY $2,530,000 $465,000 -81.6% 0.0%
HOMESTAR FINANCIAL CORPORATION $415,000 $455,000 9.6% 0.0%
First Bank $7,000,000 $445,000 -93.6% 0.0%
Vellum Mortgage, Inc. $645,000 $445,000 -31.0% 0.0%
THRIVE MORTGAGE, LLC $1,255,000 $440,000 -64.9% 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $715,000 $435,000 -39.2% 0.0%
Deere Employees Credit Union $1,335,000 $430,000 -67.8% 0.0%
Regions Bank $640,000 $430,000 -32.8% 0.0%
FIRST MORTGAGE COMPANY, INC. $420,000 n/a 0.0%
INTELLILOAN, INC. $415,000 n/a 0.0%
Raymond James Bank $415,000 n/a 0.0%
FIDELITY DIRECT MORTGAGE, LLC $410,000 n/a 0.0%
FIRST HOME MORTGAGE CORPORATION $225,000 $410,000 82.2% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $245,000 $405,000 65.3% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $845,000 $390,000 -53.8% 0.0%
Equity Prime Mortgage LLC $330,000 $380,000 15.2% 0.0%
Sandy Spring Bank $1,400,000 $380,000 -72.9% 0.0%
Aurora Financial, LLC $375,000 n/a 0.0%
WesBanco $375,000 n/a 0.0%
First Financial Bank $365,000 n/a 0.0%
Coastal Community Bank $355,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $345,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,055,000 $340,000 -67.8% 0.0%
Capital Bank $335,000 n/a 0.0%
LANGLEY $170,000 $330,000 94.1% 0.0%
RUOFF MORTGAGE COMPANY, INC. $330,000 n/a 0.0%
Select Bank $4,870,000 $320,000 -93.4% 0.0%
ACADEMY MORTGAGE CORPORATION $315,000 $315,000 0.0% 0.0%
ROYAL UNITED MORTGAGE LLC $1,900,000 $315,000 -83.4% 0.0%
SUMMIT FUNDING, INC. $425,000 $305,000 -28.2% 0.0%
TJC Mortgage, Inc. $165,000 $305,000 84.8% 0.0%
Northwest Federal Credit Union $970,000 $300,000 -69.1% 0.0%
Loan Simple, Inc. $195,000 $295,000 51.3% 0.0%
Stifel Bank and Trust $685,000 $295,000 -56.9% 0.0%
Bank-Fund Staff Federal Credit Union $290,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $7,320,000 $285,000 -96.1% 0.0%
FIRST SAVINGS MORTGAGE CORPORATION $2,665,000 $285,000 -89.3% 0.0%
N R L Federal Credit Union $285,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $275,000 n/a 0.0%
US MORTGAGE CORPORATION $145,000 $265,000 82.8% 0.0%
CORNING $255,000 n/a 0.0%
DAS Acquisition Company, LLC $255,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $250,000 n/a 0.0%
Heritage Bank $245,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $685,000 $245,000 -64.2% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $245,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $235,000 n/a 0.0%
First Merchants Bank $235,000 n/a 0.0%
First National Bank of Omaha $235,000 n/a 0.0%
Bank of England $580,000 $230,000 -60.3% 0.0%
HOMESPIRE MORTGAGE CORPORATION $155,000 $225,000 45.2% 0.0%
Member Options, LLC $225,000 n/a 0.0%
Peoples Bank $225,000 n/a 0.0%
ServisFirst Bank $225,000 n/a 0.0%
AMERICAN FINANCE HOUSE LARIBA $215,000 n/a 0.0%
Hometown Equity Mortgage, LLC $205,000 n/a 0.0%
First Savings Bank $1,050,000 $195,000 -81.4% 0.0%
New Peoples Bank, Inc. $185,000 n/a 0.0%
SILVER HILL FUNDING, LLC $125,000 $185,000 48.0% 0.0%
Countybank $155,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $1,170,000 $155,000 -86.8% 0.0%
THE MORTGAGE LINK, INC. $270,000 $155,000 -42.6% 0.0%
UNIVERSITY CREDIT UNION $150,000 n/a 0.0%
Leader Bank $145,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $3,155,000 $145,000 -95.4% 0.0%
BAY EQUITY LLC $135,000 n/a 0.0%
EVERETT FINANCIAL, INC. $135,000 n/a 0.0%
Mid-Continent Funding, Inc. $735,000 $135,000 -81.6% 0.0%
Salem VA Credit Union $445,000 $130,000 -70.8% 0.0%
AMERICAN HERITAGE LENDING, INC. $125,000 n/a 0.0%
Signature Federal Credit Union $125,000 n/a 0.0%
KeyBank $830,000 $115,000 -86.1% 0.0%
Commerce Home Mortgage, Inc. $105,000 n/a 0.0%
EDUCATIONAL SYSTEMS $105,000 n/a 0.0%
LAFAYETTE FEDERAL CREDIT UNION $105,000 n/a 0.0%
CITIZENS EQUITY FIRST $100,000 n/a 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $795,000 $95,000 -88.1% 0.0%
State Department Federal Credit Union $145,000 $95,000 -34.5% 0.0%
FINANCE OF AMERICA REVERSE LLC $1,270,000 $85,000 -93.3% 0.0%
United Bank $780,000 $85,000 -89.1% 0.0%
Meridian Bank Corporation $75,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $75,000 n/a 0.0%
ALLIANT CREDIT UNION $55,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $45,000 n/a 0.0%
Bethpage Federal Credit Union $45,000 n/a 0.0%
First American Bank $15,000 n/a 0.0%

ROANOKE's top lender by overall market share is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 6.0% market share. In second place, with 5.6%, is QUICKEN LOANS, LLC, having originated $84,240,000 in loans. In third place, with 5.0%, is MEMBER ONE, having originated $75,440,000 in loans. In fourth place, with 4.6%, is Bank of Botetourt, having originated $69,880,000 in loans. In fifth place, with 4.3%, is GREYSTONE SERVICING COMPANY LLC, having originated $65,675,000 in loans.


ROANOKE Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - ROANOKE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $239,925 (9.3%) $335,605 (5.6%) 0.89 1,372
2018-02-01 $248,975 (13.2%) $336,803 (5.2%) 0.90 1,372
2018-03-01 $249,250 (10.6%) $339,295 (4.0%) 0.87 1,424
2018-04-01 $252,500 (7.5%) $349,732 (4.5%) 0.86 1,480
2018-05-01 $254,950 (6.5%) $356,192 (6.0%) 0.85 1,600
2018-06-01 $264,925 (8.1%) $369,179 (9.4%) 0.88 1,582
2018-07-01 $261,850 (6.9%) $368,607 (8.5%) 0.87 1,600
2018-08-01 $259,950 (8.3%) $364,518 (7.6%) 0.87 1,617
2018-09-01 $254,950 (4.1%) $365,562 (5.9%) 0.86 1,587
2018-10-01 $249,897 (4.1%) $355,775 (2.8%) 0.85 1,575
2018-11-01 $254,950 (8.8%) $361,690 (8.3%) 0.86 1,491
2018-12-01 $249,500 (4.0%) $358,083 (4.2%) 0.86 1,377
2019-01-01 $252,725 (5.3%) $355,382 (5.9%) 0.87 1,274
2019-02-01 $256,975 (3.2%) $361,532 (7.3%) 0.87 1,234
2019-03-01 $266,414 (6.9%) $368,835 (8.7%) 0.87 1,239
2019-04-01 $273,927 (8.5%) $372,204 (6.4%) 0.87 1,254
2019-05-01 $288,313 (13.1%) $374,477 (5.1%) 0.90 1,274
2019-06-01 $285,950 (7.9%) $369,963 (0.2%) 0.89 1,309
2019-07-01 $281,175 (7.4%) $371,894 (0.9%) 0.88 1,292
2019-08-01 $278,564 (7.2%) $373,794 (2.5%) 0.88 1,263
2019-09-01 $276,559 (8.5%) $378,719 (3.6%) 0.89 1,247
2019-10-01 $275,223 (10.1%) $380,950 (7.1%) 0.89 1,237
2019-11-01 $279,000 (9.4%) $385,687 (6.6%) 0.91 1,204
2019-12-01 $275,925 (10.6%) $381,701 (6.6%) 0.92 1,087
2020-01-01 $269,925 (6.8%) $379,981 (6.9%) 0.90 1,016
2020-02-01 $276,825 (7.7%) $392,209 (8.5%) 0.91 938
2020-03-01 $275,950 (3.6%) $390,496 (5.9%) 0.87 954
2020-04-01 $279,950 (2.2%) $388,271 (4.3%) 0.88 987
2020-05-01 $295,000 (2.3%) $408,741 (9.2%) 0.90 866
2020-06-01 $307,461 (7.5%) $420,394 (13.6%) 0.91 827
2020-07-01 $299,182 (6.4%) $412,659 (11.0%) 0.87 737
2020-08-01 $299,700 (7.6%) $417,516 (11.7%) 0.86 680
2020-09-01 $286,475 (3.6%) $416,273 (9.9%) 0.82 696
2020-10-01 $274,950 (-0.1%) $403,565 (5.9%) 0.79 675
2020-11-01 $272,473 (-2.3%) $411,754 (6.8%) 0.80 628
2020-12-01 $267,746 (-3.0%) $400,875 (5.0%) 0.80 567
2021-01-01 $272,500 (1.0%) $398,263 (4.8%) 0.81 484
2021-02-01 $287,613 (3.9%) $423,177 (7.9%) 0.84 371
2021-03-01 $294,950 (6.9%) $429,201 (9.9%) 0.84 354
2021-04-01 $292,713 (4.6%) $419,213 (8.0%) 0.79 357
2021-05-01 $282,950 (-4.1%) $399,920 (-2.2%) 0.75 389
2021-06-01 $289,475 (-5.9%) $403,790 (-4.0%) 0.76 450
2021-07-01 $289,925 (-3.1%) $389,350 (-5.7%) 0.77 493
2021-08-01 $279,475 (-6.8%) $395,072 (-5.4%) 0.75 517
2021-09-01 $289,950 (1.2%) $397,248 (-4.6%) 0.77 473
2021-10-01 $292,950 (6.6%) $406,326 (0.7%) 0.78 496
2021-11-01 $289,961 (6.4%) $410,712 (-0.3%) 0.78 446
2021-12-01 $302,475 (13.0%) $428,808 (7.0%) 0.82 363
2022-01-01 $317,950 (16.7%) $439,475 (10.4%) 0.86 299
2022-02-01 $326,700 (13.6%) $460,856 (8.9%) 0.85 267
2022-03-01 $325,065 (10.2%) $453,828 (5.7%) 0.81 259
2022-04-01 $309,900 (5.9%) $444,328 (6.0%) 0.74 285
2022-05-01 $349,475 (23.5%) $483,209 (20.8%) 0.80 338
2022-06-01 $343,975 (18.8%) $499,277 (23.7%) 0.77 416
2022-07-01 $349,450 (20.5%) $486,365 (24.9%) 0.79 452
2022-08-01 $326,200 (16.7%) $465,622 (17.9%) 0.75 419
2022-09-01 $341,463 (17.8%) $470,078 (18.3%) 0.80 419
2022-10-01 $337,925 (15.4%) $446,700 (9.9%) 0.80 451
2022-11-01 $329,975 (13.8%) $450,571 (9.7%) 0.79 457
2022-12-01 $339,950 (12.4%) $453,026 (5.7%) 0.84 429
2023-01-01 $347,250 (9.2%) $478,288 (8.8%) 0.86 423
2023-02-01 $349,950 (7.1%) $499,237 (8.3%) 0.84 362
2023-03-01 $368,950 (13.5%) $513,623 (13.2%) 0.87 340
2023-04-01 $377,475 (21.8%) $528,828 (19.0%) 0.88 344
2023-05-01 $383,925 (9.9%) $541,173 (12.0%) 0.87 337
2023-06-01 $375,725 (9.2%) $542,377 (8.6%) 0.84 384
2023-07-01 $379,000 (8.5%) $550,288 (13.1%) 0.86 427
2023-08-01 $374,925 (14.9%) $536,813 (15.3%) 0.86 445
2023-09-01 $365,000 (6.9%) $518,796 (10.4%) 0.85 485
2023-10-01 $353,725 (4.7%) $498,625 (11.6%) 0.83 552
2023-11-01 $347,950 (5.5%) $490,207 (8.8%) 0.83 552
2023-12-01 $349,900 (2.9%) $479,931 (5.9%) 0.85 513
2024-01-01 $340,873 (-1.8%) $462,292 (-3.3%) 0.83 487
2024-02-01 $342,499 (-2.1%) $466,583 (-6.5%) 0.82 441
2024-03-01 $350,000 (-5.1%) $483,897 (-5.8%) 0.82 436
2024-04-01 $361,113 (-4.3%) $496,527 (-6.1%) 0.84 454
2024-05-01 $379,350 (-1.2%) $511,250 (-5.5%) 0.86 505
2024-06-01 $379,950 (1.1%) $528,673 (-2.5%) 0.85 550
ROANOKE's median listing price for 2024-06-01 was $379,950, a difference of $4,225 (1.1%) versus the prior year and $600 versus the prior month.

ROANOKE's median listing price comes in at 85% of the national average.

ROANOKE's average listing price for 2024-06-01 was $528,673, a difference of $-13,704 (-2.5%) versus the prior year and $17,423 versus the prior month.

For the 2024-06-01 period, ROANOKE had 550 MLS listings, a difference of 45 listings (9%) versus the prior month and 166 listings (43%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ROANOKE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 91 days 2,060 sqft
2018-02-01 84 days 2,062 sqft
2018-03-01 66 days 2,110 sqft
2018-04-01 58 days 2,136 sqft
2018-05-01 53 days 2,153 sqft
2018-06-01 60 days 2,160 sqft
2018-07-01 70 days 2,151 sqft
2018-08-01 72 days 2,156 sqft
2018-09-01 72 days 2,156 sqft
2018-10-01 74 days 2,119 sqft
2018-11-01 79 days 2,127 sqft
2018-12-01 82 days 2,100 sqft
2019-01-01 93 days 2,089 sqft
2019-02-01 95 days 2,121 sqft
2019-03-01 79 days 2,149 sqft
2019-04-01 57 days 2,166 sqft
2019-05-01 55 days 2,175 sqft
2019-06-01 61 days 2,168 sqft
2019-07-01 67 days 2,157 sqft
2019-08-01 70 days 2,154 sqft
2019-09-01 71 days 2,141 sqft
2019-10-01 72 days 2,131 sqft
2019-11-01 73 days 2,142 sqft
2019-12-01 80 days 2,116 sqft
2020-01-01 89 days 2,066 sqft
2020-02-01 82 days 2,121 sqft
2020-03-01 54 days 2,133 sqft
2020-04-01 57 days 2,144 sqft
2020-05-01 71 days 2,200 sqft
2020-06-01 62 days 2,196 sqft
2020-07-01 58 days 2,161 sqft
2020-08-01 57 days 2,200 sqft
2020-09-01 54 days 2,198 sqft
2020-10-01 55 days 2,150 sqft
2020-11-01 60 days 2,175 sqft
2020-12-01 66 days 2,160 sqft
2021-01-01 67 days 2,131 sqft
2021-02-01 64 days 2,147 sqft
2021-03-01 47 days 2,092 sqft
2021-04-01 42 days 2,005 sqft
2021-05-01 40 days 2,007 sqft
2021-06-01 40 days 2,026 sqft
2021-07-01 43 days 2,005 sqft
2021-08-01 45 days 1,977 sqft
2021-09-01 52 days 2,002 sqft
2021-10-01 49 days 2,019 sqft
2021-11-01 64 days 2,006 sqft
2021-12-01 61 days 2,014 sqft
2022-01-01 84 days 2,031 sqft
2022-02-01 64 days 2,005 sqft
2022-03-01 38 days 1,942 sqft
2022-04-01 35 days 1,934 sqft
2022-05-01 32 days 2,021 sqft
2022-06-01 34 days 2,056 sqft
2022-07-01 40 days 2,031 sqft
2022-08-01 42 days 1,947 sqft
2022-09-01 46 days 1,977 sqft
2022-10-01 40 days 2,008 sqft
2022-11-01 44 days 1,977 sqft
2022-12-01 54 days 1,960 sqft
2023-01-01 60 days 2,006 sqft
2023-02-01 63 days 2,008 sqft
2023-03-01 50 days 2,044 sqft
2023-04-01 44 days 2,117 sqft
2023-05-01 43 days 2,113 sqft
2023-06-01 42 days 2,100 sqft
2023-07-01 43 days 2,094 sqft
2023-08-01 45 days 2,082 sqft
2023-09-01 43 days 1,980 sqft
2023-10-01 45 days 1,979 sqft
2023-11-01 50 days 1,980 sqft
2023-12-01 59 days 1,939 sqft
2024-01-01 63 days 1,914 sqft
2024-02-01 61 days 1,906 sqft
2024-03-01 46 days 1,908 sqft
2024-04-01 39 days 1,943 sqft
2024-05-01 33 days 1,975 sqft
2024-06-01 40 days 1,998 sqft
ROANOKE's median listing age (time on market) for 2024-06-01 was 40 days. This is -5% shorter than the same period one year ago.

ROANOKE's median square footage for active listings during the 2024-06-01 period was 1,998 sqft. One year prior, the average listing was 2,100 sqft.

ROANOKE, VA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
24001 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24002 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24003 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24004 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24005 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24006 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24007 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24008 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24009 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24010 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24011 Roanoke, VA HUD Metro FMR Area $780 $870 $1,070 $1,470 $1,660
24012 Roanoke, VA HUD Metro FMR Area $690 $770 $950 $1,300 $1,470
24013 Roanoke, VA HUD Metro FMR Area $710 $790 $970 $1,330 $1,500
24014 Roanoke, VA HUD Metro FMR Area $670 $750 $920 $1,260 $1,420
24015 Roanoke, VA HUD Metro FMR Area $640 $710 $880 $1,210 $1,360
24016 Roanoke, VA HUD Metro FMR Area $750 $840 $1,030 $1,410 $1,590
24017 Roanoke, VA HUD Metro FMR Area $720 $800 $990 $1,360 $1,530
24018 Roanoke, VA HUD Metro FMR Area $800 $890 $1,100 $1,510 $1,700
24019 Roanoke, VA HUD Metro FMR Area $820 $910 $1,120 $1,540 $1,730
24020 Roanoke, VA HUD Metro FMR Area $820 $910 $1,120 $1,540 $1,730
24022 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24023 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24024 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24025 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24026 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24027 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24028 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24029 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24030 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24031 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24032 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24033 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24034 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24035 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24036 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24037 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24038 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24059 Roanoke, VA HUD Metro FMR Area $710 $760 $960 $1,270 $1,450
24064 Roanoke, VA HUD Metro FMR Area $690 $750 $900 $1,230 $1,380
24065 Roanoke, VA HUD Metro FMR Area $640 $650 $850 $1,070 $1,190
24066 Roanoke, VA HUD Metro FMR Area $620 $690 $850 $1,170 $1,320
24070 Roanoke, VA HUD Metro FMR Area $680 $750 $930 $1,280 $1,440
24077 Roanoke, VA HUD Metro FMR Area $750 $830 $1,020 $1,400 $1,580
24079 Roanoke, VA HUD Metro FMR Area $770 $850 $1,050 $1,430 $1,620
24083 Roanoke, VA HUD Metro FMR Area $900 $1,000 $1,230 $1,690 $1,900
24085 Roanoke, VA HUD Metro FMR Area $670 $750 $920 $1,270 $1,430
24087 Roanoke, VA HUD Metro FMR Area $670 $730 $850 $1,200 $1,440
24090 Roanoke, VA HUD Metro FMR Area $830 $920 $1,140 $1,560 $1,760
24101 Roanoke, VA HUD Metro FMR Area $830 $840 $1,090 $1,350 $1,510
24127 Roanoke, VA HUD Metro FMR Area $580 $640 $800 $1,090 $1,230
24128 Roanoke, VA HUD Metro FMR Area $680 $730 $850 $1,200 $1,440
24130 Roanoke, VA HUD Metro FMR Area $720 $800 $990 $1,360 $1,530
24131 Roanoke, VA HUD Metro FMR Area $580 $640 $800 $1,090 $1,230
24153 Roanoke, VA HUD Metro FMR Area $820 $910 $1,120 $1,540 $1,730
24175 Roanoke, VA HUD Metro FMR Area $690 $760 $940 $1,290 $1,460
24179 Roanoke, VA HUD Metro FMR Area $690 $740 $900 $1,230 $1,380
24422 Roanoke, VA HUD Metro FMR Area $600 $670 $820 $1,120 $1,270
24426 Roanoke, VA HUD Metro FMR Area $580 $640 $800 $1,090 $1,230
24438 Roanoke, VA HUD Metro FMR Area $720 $800 $990 $1,360 $1,530
24450 Roanoke, VA HUD Metro FMR Area $720 $800 $990 $1,360 $1,530
24579 Roanoke, VA HUD Metro FMR Area $720 $800 $990 $1,360 $1,530

2022 Average & Median Rent Data Statistics
ROANOKE, VA average 1BR rent: $774, median: $760
ROANOKE, VA average 2BR rent: $956, median: $940
ROANOKE, VA average 3BR rent: $1,308, median: $1,290

ROANOKE, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,355 $932,795,000 $278,031
Other 828 $79,800,000 $96,377
Cash Out Refi 750 $142,290,000 $189,720
Home Improvement 671 $57,215,000 $85,268
Refi 627 $304,005,000 $484,856

Roanoke's most frequently cited loan purpose was Home Purchase, with 3,355 originations. The 2nd most popular reason was Other, with 828 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,171 $525,785,000 $242,186
7-8% 1,490 $317,810,000 $213,295
5-6% 933 $270,465,000 $289,887
Over 8% 913 $103,285,000 $113,127
4-5% 322 $35,620,000 $110,621
3-4% 14 $2,240,000 $160,000
2.5-3% 12 $2,000,000 $166,667
<2.5% 11 $1,045,000 $95,000

During 2023, Roanoke's most frequently originated rate bucket was 6-7%, with 2,171 originations.

Loan Sizing (ROANOKE, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,998 $546,660,000 $273,604
$100k-200k 1,967 $290,995,000 $147,938
$100,000 or less 1,703 $91,555,000 $53,761
$400k-600k 363 $171,805,000 $473,292
$600k-1000k 137 $101,585,000 $741,496
$Over $1MM 63 $313,505,000 $4,976,270

ROANOKE's loan sizing saw the bucket of loans from $200k-400k with 1,998 originations, totaling $546,660,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,155 $582,915,000 $270,494
60-80% 1,206 $432,260,000 $358,425
Under 20% 966 $49,000,000 $50,725
20-40% 907 $96,065,000 $105,915
40-60% 561 $142,545,000 $254,091