Is Roanoke, AL 36274 a buyer’s or seller’s market?
Roanoke is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Roanoke housing market right now
In the three months ending August 31, 2026, 20% of homes in Roanoke, AL 36274 sold above their list price, the typical home went under contract in 75 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold more slowly (16 days then) and the median sale price rose 33% to $219,905. Overall, Roanoke is less competitive than a year ago, which gives buyers more room.
Within Randolph County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wadley 36276 (0% sold over asking) or Graham 36263 (0% sold over asking).
Run the numbers for 36274
Nearby markets
Graham 36263Seller’s market $94 /sq ftWadley 36276Buyer’s market $241 /sq ftWedowee 36278Buyer’s market $240 /sq ftWoodland 36280Seller’s market $145 /sq ft Browse all markets →Towns like Roanoke nearby
Find towns like Roanoke in other states →Where Roanoke is
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Questions about Roanoke real estate
Is Roanoke a buyer’s or seller’s market?
A buyer’s market: there were 7.7 months of supply in Roanoke, AL 36274 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Roanoke?
The typical home went under contract in 75 days in the latest three months.
Do homes in Roanoke sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 92.1% of the list price.
What are property taxes in Roanoke?
About 0.25% of a home’s value a year in Randolph County, or roughly $1,000 on a $400,000 home.
What is the median home price in Roanoke?
The median sale price was $219,905 in the three months ending August 31, 2026, about $144 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology