This January 2026, Roanoke, VA is seeing inventory levels remain tight, setting the stage for sellers to capitalize on buyer demand. Have you wondered how current inventory is influencing prices? Today’s numbers give clarity for every active buyer and seller.
Active listings are at 212, and months of supply rests at a slim 1.9. What does this mean for you? Homes listed for sale are in high demand, pushing average days on market down to only 31. Price appreciation continues with a median sale price of $285,000 in January, encouraging sellers to list and buyers to move decisively. Explore available homes in Roanoke, VA this January 2026 to make the most of timely opportunities.
Current Conditions for Inventory and Pricing: January 2026
Median price per square foot stands at $149, and the swiftest turnover is in the $275,000 to $325,000 bracket, where homes average just 19 days before going under contract. Only 18 percent of listings close under $200,000, highlighting the growing demand and limited entry level supply. Sellers are seeing 96 percent sale to list price ratios, while buyers must weigh all these elements to craft focused offers.
- Median earnest deposit: 2 percent
- Cash sales portion: 14 percent
- Price reductions applied: 17 percent
Market Impacts for Buyers and Sellers
Buyers encounter rapid competition in multiple price bands, and securing a property requires clear criteria and early action. For sellers, minimal concessions—just 0.8 percent of sale price—make this season favorable for maximizing returns.
Population and Community Trends in January 2026
The region has grown by 1.3 percent in population over the past year, and unemployment is below 3.7 percent. Continued owner occupancy gains signal more demand for available listings, supporting price strength, especially for those wondering "is it a good time to buy in Roanoke, VA?"
Make the Market Work for You
Work directly with Scott Fogleman to align budget, search alerts, and offer strategy for Roanoke, VA.
Adapting to Fast Market Cycles
The key to success for both buyers and sellers is adaptability. With Scott Fogleman’s insight and brokerage resources, clients can track Roanoke, VA market changes and make each decision count.
The January 2026 overview shows why staying informed, and leveraging expert local guidance with Scott Fogleman, is more important than ever for your next move in Roanoke, VA.
