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Broad east of Main in RoanokePhoto: Nyttend · Public domain
Housing in Roanoke

20 homes sold in Roanoke in the last year, at a typical $166K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Roanoke homes are listed.

Homes sold
20
June 2025 to May 2026
Typical sale price
$166K
median, weighted by sales
Price per square foot
$113
Illinois $193
Paid vs. asking
101.2%
40% sold over asking
For sale now
5
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 95% of Roanoke’s sales, at a typical $164K

20 homes sold in the year to May 2026.

Houses$164K

typical sale · 19 sold in 12 months

Per square foot
$114IL $180
Days to sell
29
Sold over asking
42%
Listings with a price cut
41%
Fewer sales

Townhouses: 1 sold, typical $163K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2021, at 1.7 times the 2016 price

20 sales in the last year, against 30 in 2020 and a low of 19 in 2022. The typical sale went from $100K in 2016 to $166K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 27 sold, typical $96K’122014: 23 sold, typical $95K2016: 29 sold, typical $100K’162017: 27 sold, typical $90K2018: 26 sold, typical $85K’182020: 30 sold, typical $115K2021: 23 sold, typical $99K’212022: 19 sold, typical $126K2024: 30 sold, typical $134K’242025: 28 sold, typical $151KLast 12 months: 20 sold, typical $166KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Roanoke

Houseat $114 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Roanoke homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Roanoke home costs about $1,148 a month

Mortgage
Property tax
Insurance
Rent

Price: Roanoke’s typical sale, last 12 months. Property tax at Roanoke’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Roanoke is affordable on local pay is on Cost of living.

Before you buy in Roanoke

Five things worth knowing

2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $166K home, about $3,380 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Roanoke, from test results, graduation and how much students grow.

Schools in Roanoke
22 min

Typical commute

The average one-way trip to work for people who live in Roanoke.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

El Paso and Minonk sell for less a square foot

The busier markets within 25 miles of Roanoke, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Washington216$267K$13244%13
Germantown Hills58$346K$12636%30
Metamora49$239K$12341%16
Eureka37$220K$13238%28
El Paso36$178K$9528%55
Roanoke20$166K$11340%26
Minonk20$165K$9520%56

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Roanoke, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Roanoke. People who follow the town see it, and so do people comparing Roanoke with their own town. No commission, no listing fee.

Questions about buying a home in Roanoke

What do homes sell for in Roanoke, IL?

20 homes sold in the year to May 2026 at a typical $166K, $113 a square foot.

Is Roanoke a buyer’s or seller’s market?

A seller’s market: 5 homes were for sale in May 2026 and 3 sold, about 1.7 months of supply. Buyers paid 101.2% of asking on average, and 37% of listings cut their price.

How much are property taxes in Roanoke?

About 2% of a home’s value a year. On a $166K home that’s near $3,380.

Where can I see homes for sale in Roanoke?

Zillow, Redfin, Realtor.com and Homes.com all carry Roanoke’s MLS listings; the search links above open each one filtered to Roanoke.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).