Roanoke, AL housing market
The typical Roanoke home is worth about $151,000, up 2.3% in a year, 38% below the Alabama typical home.
Home values, sales, trends and how Roanoke compares with the towns next door — updated as new data is published.
Roanoke at a glance
Typical home value, 2016–2026
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| January | Roanoke | Alabama |
|---|---|---|
| 2017 | $88,000 | $147,000 |
| 2018 | $94,000 | $152,000 |
| 2019 | $101,000 | $158,000 |
| 2020 | $104,000 | $170,000 |
| 2021 | $119,000 | $188,000 |
| 2022 | $147,000 | $215,000 |
| 2023 | $139,000 | $228,000 |
| 2024 | $134,000 | $233,000 |
| 2025 | $147,000 | $238,000 |
| 2026 | $148,000 | $239,000 |
| August 2026 | $151,000 | $242,000 |
No new homes permitted in 2022
No permits for new homes were issued in Roanoke in 2022 or in any year since 2012.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
Roanoke's permit office didn't report to the Census in 2022, so the 2022 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
3.2 years of income
The typical Roanoke home costs about 3.2 years of the town's median household income, less than across Alabama (3.8 years).
How Roanoke ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $900
HUD's Fair Market Rent for a two-bedroom in Roanoke is $900 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Roanoke pay a median of $666, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $670 · 4 bedrooms $1,190
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (36274; Chambers County, AL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.