Roanoke, VA Real Estate
According to census data in the year 2000 there were 45,257 housing units in Roanoke.
This represents a 2% growth from 44,384 in 1990.
Of those housing units, 45,257 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Roanoke is about 56.3%.
Roanoke's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Roanoke were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 14.10% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 35.80% |
| Four Bedrooms | 12.50% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $80,300 |
| Median Price asked for vacant units | $67,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $379 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 49.20% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
