Roanoke, VA Metro Area - Investment Guide
Metro Area • 21 Cities • 30 ZIP Codes
Avg Home Value
$324,914
Avg Monthly Rent
$1,173
Avg Cap Rate
3.22%
Avg Investability
3.1 ★
Cities
21
ZIP Codes
30
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Roanoke, VA Metro Area
More inventory, negotiating room for buyers
50 days
Average time to sell
Average
13.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Roanoke, VA
Every ZIP in the metro, ranked four ways. Free.
Cities in Roanoke, VA
Bent Mountain
Virginia
1 ZIPs
Blue Ridge
Virginia
1 ZIPs
Boones Mill
Virginia
1 ZIPs
Buchanan
Virginia
1 ZIPs
Callaway
Virginia
1 ZIPs
Catawba
Virginia
1 ZIPs
Daleville
Virginia
1 ZIPs
Eagle Rock
Virginia
1 ZIPs
Ferrum
Virginia
1 ZIPs
Fincastle
Virginia
1 ZIPs
Gladehill
Virginia
1 ZIPs
Hardy
Virginia
1 ZIPs
Henry
Virginia
1 ZIPs
New Castle
Virginia
1 ZIPs
Penhook
Virginia
1 ZIPs
Rocky Mount
Virginia
1 ZIPs
Salem
Virginia
1 ZIPs
Troutville
Virginia
2 ZIPs
Union Hall
Virginia
1 ZIPs
Vinton
Virginia
1 ZIPs
Wirtz
Virginia
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 24013 | Roanoke | VA | $142,674 | $1,424 | 7.78% | |
| 24017 | Roanoke | VA | $190,160 | $1,528 | 6.27% | |
| 24013 | Roanoke | VA | $153,004 | $1,349 | 6.88% | |
| 24013 | Roanoke | VA | $146,378 | $1,081 | 5.76% | |
| 24017 | Roanoke | VA | $182,198 | $1,481 | 6.34% | |
| 24013 | Roanoke | VA | $150,897 | $1,218 | 6.30% | |
| 24017 | Roanoke | VA | $182,198 | $1,481 | 6.34% | |
| 24013 | Roanoke | VA | $144,212 | $1,344 | 7.27% | |
| 24013 | Roanoke | VA | $151,429 | $1,359 | 7.00% | |
| 24065 | Boones Mill | VA | $328,309 | $927 | 2.20% | |
| 24151 | Rocky Mount | VA | $261,335 | $855 | 2.55% | |
| 24083 | Daleville | VA | $455,798 | $1,976 | 3.38% | |
| 24179 | Vinton | VA | $293,738 | $1,360 | 3.61% | |
| 24092 | Gladehill | VA | $307,778 | $945 | 2.39% | |
| 24018 | Roanoke | VA | $385,066 | $1,680 | 3.40% | |
| 24101 | Hardy | VA | $396,807 | $990 | 1.95% | |
| 24066 | Buchanan | VA | $226,247 | $1,179 | 4.06% | |
| 24153 | Salem | VA | $295,410 | $1,509 | 3.98% | |
| 24014 | Roanoke | VA | $282,860 | $1,246 | 3.44% | |
| 24085 | Eagle Rock | VA | $120,958 | $972 | 6.27% | |
| 24184 | Wirtz | VA | $466,691 | $819 | 1.37% | |
| 24015 | Roanoke | VA | $296,989 | $1,274 | 3.35% | |
| 24088 | Ferrum | VA | $245,857 | $819 | 2.60% | |
| 24019 | Roanoke | VA | $314,169 | $1,418 | 3.52% | |
| 24102 | Henry | VA | $225,708 | $819 | 2.83% | |
| 24067 | Callaway | VA | $318,730 | $819 | 2.00% | |
| 24175 | Troutville | VA | $323,289 | $1,053 | 2.54% | |
| 24070 | Catawba | VA | $350,415 | $999 | 2.22% | |
| 24176 | Union Hall | VA | $831,778 | $1,278 | 1.20% | |
| 24016 | Roanoke | VA | $159,395 | $1,022 | 5.00% | |
| 24090 | Fincastle | VA | $317,042 | $1,134 | 2.79% | |
| 24059 | Bent Mountain | VA | $353,770 | $1,089 | 2.40% | |
| 24127 | New Castle | VA | $226,995 | $927 | 3.19% | |
| 24064 | Blue Ridge | VA | $319,483 | $1,260 | 3.08% | |
| 24137 | Penhook | VA | $522,746 | $981 | 1.46% | |
| 24012 | Roanoke | VA | $236,261 | $1,459 | 4.82% | |
| 24077 | Troutville | VA | $271,324 | $1,296 | 3.73% | |
| 24179 | Vinton | VA | $275,388 | $1,400 | 3.97% | |
| 24017 | Roanoke | VA | $181,840 | $1,306 | 5.60% | |
| 24092 | Gladehill | VA | $296,560 | $945 | 2.49% | |
| 24018 | Roanoke | VA | $369,475 | $1,623 | 3.43% | |
| 24101 | Hardy | VA | $387,314 | $990 | 1.99% | |
| 24065 | Boones Mill | VA | $338,934 | $927 | 2.13% | |
| 24151 | Rocky Mount | VA | $270,716 | $855 | 2.46% | |
| 24083 | Daleville | VA | $467,379 | $1,818 | 3.03% | |
| 24184 | Wirtz | VA | $445,799 | $819 | 1.43% | |
| 24014 | Roanoke | VA | $299,651 | $1,386 | 3.61% | |
| 24085 | Eagle Rock | VA | $141,550 | $972 | 5.36% | |
| 24019 | Roanoke | VA | $300,836 | $1,325 | 3.44% | |
| 24102 | Henry | VA | $217,819 | $819 | 2.93% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Roanoke, VA Real Estate Market
The Roanoke, VA metropolitan statistical area (MSA) encompasses 21 cities and 30 ZIP codes. The average home value across the metro is $324,914, with an average monthly rent of $1,173. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.