Roanoke, TX Housing Market — 137 Homes Sold (September 2025 – September 2026)

Q: What does the typical Roanoke home cost?

The typical Roanoke home sold for $615,000 (about $221 per square foot) over the last twelve months.

Q: How fast do homes sell in Roanoke?

The typical Roanoke home went under contract in 42 days; 16.8% sold within the first week.

Q: Is it cheaper to rent or buy in Roanoke?

The median Roanoke lease ran $2,850/month this year; principal and interest on the median $615,000 home is roughly $3,498/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 42 days to find a buyer.

Roanoke market at a glance

Homes sold (12 months): 137
Median sale price: $615,000 (about $3,498/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $221
Median days on market (list to contract): 42; 16.8% went under contract within a week
Sold over asking: 11.7% · Sold under asking: 70.1%
Typical home: 4 bed, 2,956 sqft, built 2013, mostly Northwest ISD
Price range of sales: $240,000 – $1,350,000
On the market right now: 45 active listings, 7 under contract, 3.9 months of supply, median asking $660,000
How buyers paid: Conventional 67.2%, FHA 6.6%, VA 2.9%, Cash 21.9%, Other 1.5%
Seller contributions: 44.5% of sellers chipped in, typically $5,000
Contract to close: about 29 days
Median rent (same home types, 58 closed leases): $2,850/month — owning the median home runs about $3,498/month principal & interest with 10% down
HOA: 62% of sales had a mandatory HOA, typically $100/month

Five-year price history in Roanoke

Median sale price by quarter: 2022 Q1: $550,000 · 2023 Q1: $585,000 · 2024 Q1: $570,000 · 2025 Q1: $605,500 · 2026 Q1: $515,000 · 2026 Q3: $550,000.

Median price by elementary school zone

Roanoke: 79 sales, median $490,000, $196/sqft
Wayne A Cox: 38 sales, median $765,000, $238/sqft
Beck: 15 sales, median $585,000, $226/sqft

Pricing right vs. cutting the price in Roanoke

Sellers who held their original asking price sold in 13 days at 98.8% of ask. Sellers who overpriced and later cut took 81 days and kept 93.1% of the original ask — roughly $37,000 left on the table on a typical Roanoke listing.

Most active Roanoke neighborhoods

Briarwyck Add Ph 1: 13 sales, median $520,000, 75 days on market
Highlands Glen: 12 sales, median $631,610, 68 days on market
Fairway Ranch Ph 2: 9 sales, median $780,000, 54 days on market
Fairway Ranch Ph 1: 8 sales, median $740,750, 53 days on market
The Parks Of Hillsborough: 8 sales, median $422,500, 63 days on market

Nearby markets

Frisco · Denton · Carrollton · Little Elm · Aubrey · Flower Mound · Lewisville · Justin

Common questions

Is now a good time to buy in Roanoke? Buyers hold the cards: most homes sell under asking and take about 42 days to find a buyer.

What does the typical Roanoke home cost? $615,000 — about $221 per square foot, or roughly $3,498/month with 10% down before taxes and insurance.

How fast do homes sell in Roanoke? The typical home went under contract in 42 days; 16.8% sold within the first week.

Is it cheaper to rent or buy in Roanoke? The median Roanoke lease ran $2,850/month this year, while principal and interest on the median $615,000 home is roughly $3,498/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.