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Real estate in Roanoke’s Melrose-Rugby neighborhood.

Compare top Melrose-Rugby real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Melrose-Rugby real estate Market Report.

Information and statistics on the latest trends in the Melrose-Rugby real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$199K
-0.6% from Q2 '26
Median list price
$218K
+8.9% from Q2 '26
Active listings
24
-4% from Q2 '26
Homes sold
7
-36% from Q2 '26
New pendings
12
+33% from Q2 '26
New listings
11
-27% from Q2 '26

Quarterly Pricing Trends for Melrose-Rugby

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Melrose-Rugby Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $98K Median sale price in Jan 2022 - Mar 2022: $140K Median sale price in Apr 2022 - Jun 2022: $150K Median sale price in Jul 2022 - Sep 2022: $145K Median sale price in Oct 2022 - Dec 2022: $150K Median sale price in Jan 2023 - Mar 2023: $137K Median sale price in Apr 2023 - Jun 2023: $135K Median sale price in Jul 2023 - Sep 2023: $145K Median sale price in Oct 2023 - Dec 2023: $160K Median sale price in Jan 2024 - Mar 2024: $137K Median sale price in Apr 2024 - Jun 2024: $194K Median sale price in Jul 2024 - Sep 2024: $164K Median sale price in Oct 2024 - Dec 2024: $172K Median sale price in Jan 2025 - Mar 2025: $139K Median sale price in Apr 2025 - Jun 2025: $166K Median sale price in Jul 2025 - Sep 2025: $180K Median sale price in Oct 2025 - Dec 2025: $171K Median sale price in Jan 2026 - Mar 2026: $91K Median sale price in Apr 2026 - Jun 2026: $200K Median sale price in Jul 2026 - Sep 2026: $199K Median list price in Oct 2021 - Dec 2021: $100K Median list price in Jan 2022 - Mar 2022: $130K Median list price in Apr 2022 - Jun 2022: $150K Median list price in Jul 2022 - Sep 2022: $145K Median list price in Oct 2022 - Dec 2022: $140K Median list price in Jan 2023 - Mar 2023: $152K Median list price in Apr 2023 - Jun 2023: $138K Median list price in Jul 2023 - Sep 2023: $160K Median list price in Oct 2023 - Dec 2023: $170K Median list price in Jan 2024 - Mar 2024: $145K Median list price in Apr 2024 - Jun 2024: $184K Median list price in Jul 2024 - Sep 2024: $185K Median list price in Oct 2024 - Dec 2024: $199K Median list price in Jan 2025 - Mar 2025: $180K Median list price in Apr 2025 - Jun 2025: $180K Median list price in Jul 2025 - Sep 2025: $173K Median list price in Oct 2025 - Dec 2025: $170K Median list price in Jan 2026 - Mar 2026: $195K Median list price in Apr 2026 - Jun 2026: $200K Median list price in Jul 2026 - Sep 2026: $218K Oct 2021 - Dec 2021 Median sale price $98K Median list price $100K Jan 2022 - Mar 2022 Median sale price $140K Median list price $130K Apr 2022 - Jun 2022 Median sale price $150K Median list price $150K Jul 2022 - Sep 2022 Median sale price $145K Median list price $145K Oct 2022 - Dec 2022 Median sale price $150K Median list price $140K Jan 2023 - Mar 2023 Median sale price $137K Median list price $152K Apr 2023 - Jun 2023 Median sale price $135K Median list price $138K Jul 2023 - Sep 2023 Median sale price $145K Median list price $160K Oct 2023 - Dec 2023 Median sale price $160K Median list price $170K Jan 2024 - Mar 2024 Median sale price $137K Median list price $145K Apr 2024 - Jun 2024 Median sale price $194K Median list price $184K Jul 2024 - Sep 2024 Median sale price $164K Median list price $185K Oct 2024 - Dec 2024 Median sale price $172K Median list price $199K Jan 2025 - Mar 2025 Median sale price $139K Median list price $180K Apr 2025 - Jun 2025 Median sale price $166K Median list price $180K Jul 2025 - Sep 2025 Median sale price $180K Median list price $173K Oct 2025 - Dec 2025 Median sale price $171K Median list price $170K Jan 2026 - Mar 2026 Median sale price $91K Median list price $195K Apr 2026 - Jun 2026 Median sale price $200K Median list price $200K Jul 2026 - Sep 2026 Median sale price $199K Median list price $218K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Year-over-year, Melrose-Rugby home values have climbed, with the typical home value up nearly 11 percent in this rolling three-month view. Listing prices have grown even faster, rising about 26 percent from a year ago. At the same time, the number of homes sold is down more than 45 percent and new listings are lower by about one-third, signaling fewer transactions overall.

Looking at the latest rolling three-month period ending in September 2026, homes are typically valued around $199,000, with a median list price near $218,000. Homes are moving more quickly than a year ago, spending a median of just 12 days on the market, down about 41 percent year over year, and roughly 58 percent of listings go off the market within two weeks.

Supply has tightened noticeably, with months of supply in Melrose-Rugby at 2.8 compared with 3.2 months across the city of Roanoke, supporting its current seller’s market label. Only 24 active listings were available in the latest period, down about 17 percent from last year, even as pending sales show that buyer interest persists. Around 28 percent of homes are selling above list price, and the average sale-to-list ratio is just under 98 percent, indicating that final prices are generally close to asking. Whether they are buyers trying to navigate limited options or sellers weighing strong pricing power, people in Melrose-Rugby can benefit from Agent Pronto’s help connecting with the right local real estate agent.



Learn more about what Melrose-Rugby has to offer.

Melrose-Rugby offers residents a friendly, walkable community with tree-lined streets, easy access to parks and local shops, and a welcoming blend of historic charm and everyday conveniences.

Melrose-Rugby offers a distinctly residential feel compared with many other Roanoke neighborhoods, with wide streets, deep yards, and early to mid century homes that reflect its long established roots. Located just northwest of downtown Roanoke, it provides quick access to the city core while maintaining a quieter pace and strong sense of local identity.

The neighborhood benefits from nearby parks and community resources. Residents often spend time at Washington Park with its pool, open fields, and views of the surrounding hills. The Melrose Library is a local hub for classes, homework help, and neighborhood programs. Everyday errands are convenient along the Melrose Avenue corridor and in adjacent areas like Roanoke and Loudon-Melrose, while downtown dining and cultural options such as Center in the Square are only a short drive away.

Families appreciate access to Roanoke City schools, including nearby William Fleming High School, and the area’s straightforward routes to employers across Roanoke County. Outdoor enthusiasts can easily reach the Roanoke Valley Greenways network and regional destinations like Mill Mountain Park.

In Melrose-Rugby, timing and preparation matter, whether you are listing a long owned property or competing for a well kept home. Agent Pronto connects you with a local real estate professional who understands this neighborhood’s market rhythms and can guide both buyers and sellers from planning through closing.

Find your Melrose-Rugby real estate agent today →


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“FIVE STARS JUST AREN’T ENOUGH! We can’t say enough good things about the Christy Crouch Team! From the day we went under contract until the day we closed, the entire experience was absolutely outstanding. Customer service was second to none, communication was off the charts, and the professionalism demonstrated throughout the entire process was unmatched. We never had to wonder what was happening or what came next. We were kept informed every step of the way, and it was obvious we were dealing with people who genuinely cared about us and getting the job done right. In a world where exceptional customer service sometimes seems like a thing of the past, the Christy Crouch Team is a shining example of how business SHOULD be done! Would we recommend them? ABSOLUTELY, without hesitation! Thank you to Christy and the entire team for making such an important chapter in our lives a truly wonderful experience. Mike & Sherry”

mike07384 ·

Photo of The Crouch Team
RE/MAX Remax All Points
“We are so grateful for Amy and her team for going above and beyond while selling my parents’ home! She helped us with so many details beyond the sale itself, and thanks to her expertise, we sold for more than asking price. She made a difficult process so much easier we highly recommend Amy! The Brown Family”

Kim Brown ·

Photo of The Hudson Team
RE/MAX 8
“Grimm Brothers construction has used dwayne on multiple property acquisitions. He has assisted in both the buying and selling of many residential properties. We have found him to be very responsive whenever we have questions concerning closing, property values etc. Dwayne has a vast knowledge of property values and whats available in the shenandoah valley. Wouldn't use anyone else!”

Ben grimm ·

Photo of Dwayne Caricofe
LPT Realty LLC
“Kendra was a good experience all the way around. She was empathetic when needed and quick with information when ask. Her agency has many advantages,too many to list. Even her sign was by far the best. Her assistant was extremely helpful. If you are an older person, I am work with Kendra. If you are a christian ,I am work with Kendra. If you expect diligence,timeliness expertise work with Kendra...”

hamcomonty ·

Photo of Virginia Realty Group
Virginia Realty Group
“Thanks to Steven, we were able to successfully close on our first rental property, and we could not be happier with the experience. As first-time investment property buyers, we had a lot of questions and wanted to make sure we were making informed decisions throughout the process. Steven was incredibly helpful, knowledgeable, and patient every step of the way. He took the time to explain things clearly, kept us informed of important updates, and was always quick to respond whenever we reached out. His professionalism and attention to detail helped make what could have been a stressful process feel much more manageable. We truly appreciated his guidance, honesty, and dedication to helping us achieve our goal of purchasing our first rental property. Thanks to his hard work and support, the transaction went smoothly from start to finish. We would highly recommend Steven to anyone looking to buy, sell, or invest in real estate.”

kbriggs55 ·

Photo of Steven & Abbey Lee
Red Key Realty
“Adam worked with me an my husband , very nice and understood what I needed to do an got it done.”

Dustin and Amber Perdue · Bedford, VA

Photo of Adam Hazelwood
eXp Realty Rural Virginia Homes, Farms & Land
“Smooth and easy. Rusty was receptive to what we were looking for and was extremely patient. From the very first conversation, it was clear he genuinely cared about helping me find the right home—not just closing a deal. He’s local and is knowledgeable, responsive, and incredibly patient throughout the entire process. Every question I had was answered quickly and clearly, and he took the time to explain. Rusty is also a U.S. Marine Corps Veteran and his commitment and dedication shows! What stood out the most was his professionalism and positive attitude. Rusty was down to earth and treated us like his own family! Buying a home can be stressful, but Rusty made it smooth, organized, and even enjoyable. I couldn’t be happier with the outcome and would absolutely recommend him to anyone looking to buy or sell a home.”

John Piraino ·

Photo of Rusty Hubbard
The Real Brokerage Real Broker, LLC
“Angel is an angel! We recently purchased our first home after relocating to roanoke in july. She really led the way on the whole process! I truly belive we wouldn't be here without her. I can't even articulate what a wonderful experience we had working with her. She was very communitive through the whole process, gently guiding us to the right home in the right neighborhood for the right price. No games, just what we needed for being so green to this whole process. She's straight forward and honest, if you need her advice she will happily give it when asked. When things started to fall apart on our end she kept moving and found our home, We were the first ones in the door the day it went on the market and a offer was made and accepted that evening! With little cash to close after the big move, she negotiated the perfect offer for us so both parties were happy and jubilant! We cannot wait to have her back over once we finish a few projects to show our progress. My only regrets is that I didn't write this review sooner. She is a treasure and treated our new family like her own. If you are looking for an agent, a friend or someone extremely knowledgeable about the area, you just found her.”

zuser20190606173143330 ·

Photo of McCarren Lane Team
McCarren Lane Team with Wainwright & Co. - Realtors
“I listed a house for sale in Fairlawn, VA. Within an hour of me listing it FSBO, I received a call from Riley. He was so forthcoming and candid that I decided to give him a chance to list it with EXPRealty. Little did I know what I was signing up for. Not only did he handle all the usual things (open house, showings, etc.) but he was my advocate the whole time. I felt like I could trust him. He communicated promptly, candidly and clearly with me, always gave me the good the bad and the bottom line. His attention to detail - impeccable. His connections with a contractor allowed the repairs to happen in a timely manner and on budget. I would go thru him again if I needed to buy/sell another house. Thank you Riley!”

StellaBoyer ·

Photo of Riley Hall
EXP REALTY LLC
“Bob did a wonderful job with staying in touch .sending documents to be looked over .everything went smooth .great guy would recommend him to others can’t wait to start a new beginning up here.”

PatriciaStone26 ·

Photo of The Realty Group
Keller Williams Lynchburg
“Rob was incredibly helpful throughout the home buying process! We closed in just over three weeks! Rob was knowledgeable, and fast with helpful responses to all our questions, negotiated with sellers to get any issues found during inspection fixed at no cost to us. This will hopefully be our forever home, but we would choose Rob again in any future home purchases in the Roanoke area.”

allisonkrantz ·

Photo of Rob Kern
Real Broker LLC
“Artur was amazing at helping us find a home, he was very quick, responsive and attentive. My family and I are very happy with services and highly recommend him if you are looking for a home!”

PamelaMaldonado5 ·

Photo of Artur Guney
eXp Realty, LLC

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melrose-Rugby. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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