US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 24014
  5. Housing & Real Estate
Roanoke city, VA

ZIP 24014 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24014

Median Home Value
$260,300
Median Rent
$789
Affordability Snapshot
$72,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,672/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24014 in Roanoke city, VA, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,672. That is roughly in line with the local median household income ($65,089). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
68.3%+4% vs US avg
x
Vacancy Rate
14.4%+40% vs US avg
x
Broadband Access
87.2%+0% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
1.6%-77% vs US avg
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
41.5%+9% vs US avg
x
$260,300
Home Value
$789
Rent
1969
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.9%
  • 1-unit attached3.1%
  • 2-9 units11.2%
  • 10+ units13.9%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$260,300
Median rent$789
Owner-occupied68.3%
Vacant14.4%
Price-to-income4.0x
Est. income to buy$72,000