Roanoke County, Virginia home prices
Typical home $335,201 · +3.2% in a year · property tax 0.85%
The typical home in Roanoke County is worth $335,201, 19% less than the Virginia typical home ($412,252). Values changed +3.2% in the past year and +31.8% over five years. Homeowners here pay a median 0.85% of their home's value in property tax each year ($2,855 on the typical home), versus 0.71% statewide.
Mortgage on the typical Roanoke County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $67,040 | $268,160 | $1,804 | $0 | $406 | $2,209 | $94,700 |
| 10% down | $33,520 | $301,680 | $2,029 | $126 | $406 | $2,561 | $109,700 |
| 5% down | $16,760 | $318,441 | $2,142 | $133 | $406 | $2,680 | $114,900 |
| 3.5% down (FHA) | $11,732 | $329,129 | $2,214 | $148 | $406 | $2,768 | $118,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.85% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Roanoke metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rockbridge County | $332,256 | +4.2% | 0.6% |
| Montgomery County | $338,166 | +2.1% | 0.74% |
| Amelia County | $331,000 | +5.4% | 0.38% |
| Shenandoah County | $340,191 | +2.4% | 0.52% |
| Harrisonburg City | $327,726 | +3.0% | 0.76% |
| Mathews County | $349,114 | +1.5% | 0.43% |
| Bedford County | $351,809 | +4.2% | 0.43% |
| Winchester City | $351,816 | +1.4% | 0.76% |
| King William County | $352,179 | +3.0% | 0.55% |
| Lexington City | $354,128 | +2.4% | 0.81% |
Frequently asked questions
What is the average home price in Roanoke County, VA?
The typical home value in Roanoke County is $335,201 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Roanoke County?
About $94,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Roanoke County?
The median effective rate is 0.85% of home value a year (Census ACS 2024 5-year estimates).