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Housing Costs

GREAT HOMES AND LOW PRICES
Whether you dream of a great expanse of land, a modern downtown apartment, a old home, a suburban palace, or a waterfront manor, it can become a reality in the Roanoke Region. Surrounded by the beautiful Blue Ridge and Allegheny Mountains, homes are not only first-class but affordable. With competitively low housing prices on top of a low cost of living, it's no wonder why the Roanoke Region has been nationally recognized as one of the best places in the United States to live.

 

Average Home Price: $195,310 (U.S.: $220,000)

Roanoke Valley Association of Realtors and National Association of Realtors, 2010 Annual Average

 

Housing Costs Index

 

Region
Index
Washington, DC
225.8
San Diego, CA
193.9
Boston, MA
152.3
Philadelphia, PA
140.9
Richmond, VA
102.9
Nat'l Average
100
Roanoke
92.0

Source: ACCRA Cost of Living Survey, 2010 Annual Review


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