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Real estate in Roanoke’s Melrose-Rugby neighborhood.

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

Feb 1, 2026 - Apr 30, 2026

Median sale price
$121K
+33% from Q1 '26
Median list price
$192K
-2.9% from Q1 '26
Active listings
24
+14% from Q1 '26
Homes sold
7
-30% from Q1 '26
New pendings
10
+25% from Q1 '26
New listings
13
-7.1% from Q1 '26

Quarterly Pricing Trends for Melrose-Rugby

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

Quarterly Pricing Trends for Melrose-Rugby Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $120K Median sale price in Jul 2021 - Sep 2021: $110K 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 list price in Apr 2021 - Jun 2021: $130K Median list price in Jul 2021 - Sep 2021: $103K 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: $197K Apr 2021 - Jun 2021 Median sale price $120K Median list price $130K Jul 2021 - Sep 2021 Median sale price $110K Median list price $103K 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 $197K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
24
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 (Feb 2026 - Apr 2026).

Melrose-Ruggy shows some notable shifts in this rolling three-month view compared with a year ago. Typical home values are down more than 20 percent year over year, while the median list price has climbed by nearly a quarter, signaling a wider gap between what sellers are asking and what buyers are paying. Supply has expanded sharply, with months of supply up more than 180 percent from last year.

Looking at the latest period ending in April 2026, the typical home value sits around $120,000, while the median list price is closer to $192,000. Homes are taking longer to sell, with a median of 24 days on market versus single-digit days in many earlier periods, and none of the recent sales closed above list price, compared with frequent above-list sales in 2024 and 2023.

Activity has cooled as well, with homes sold down nearly 28 percent year over year even as new listings are up more than 30 percent, leaving 24 active listings and about 4.8 months of supply. Pending sales are roughly flat compared with last year, suggesting buyers are still engaging but with more options and time to decide, unlike the quicker, tighter conditions seen previously. In contrast to the broader Roanoke market, which has a higher median sale price and lower months of supply, Melrose-Rugby appears more affordable and slower moving, and both buyers and sellers can benefit from an Agent Pronto–recommended agent to navigate these evolving conditions.



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 →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”

Diane Peters · Manassas, VA

Photo of Carla  Unterkofler
Century 21 New Millennium
“Brooke is by far the best. She went above and beyond in every aspect to help us with the sale. She is a true professional and any client would be very fortunate to have her. I hope to work with her again in the future and will be recommending her to others. Thank you Brooke for everything!”

Andrew Keplinger · Kingsport, TN

Photo of Brooke Shelton
Century 21 Legacy
“We highly recommend Judy. This is the second time we've worked with her, having trusted her to both buy and sell our home, and she was outstanding throughout both experiences. As an active-duty military family living out of state during the sale, we relied heavily on Judy to manage the entire process. She coordinated showings, inspections, repairs, and all the details that come with selling a home, keeping us informed every step of the way and making what could have been a stressful experience feel seamless. Judy is knowledgeable, responsive, professional, and truly dedicated to her clients. Her guidance and attention to detail gave us complete confidence throughout the process. We are incredibly grateful for her hard work and would not hesitate to work with her again.”

Rob & Maggie · Stafford, VA

Photo of Judy Petrak
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”

Jacob and Sarah · Louisa, VA

Photo of Nick Hill
Century 21 New Millenium
“We cannot say enough good things about Danny. This was our second time working with him, and there is a reason we came back. He has earned our trust time and time again, and if we could use him for every real estate transaction in the future, we absolutely would. From listing and marketing our home to navigating inspections, repairs, buyer concerns, and closing, Danny went above and beyond every step of the way. We faced several unexpected challenges during the process, but he remained calm, proactive, and solution-oriented throughout. What sets Danny apart is his communication, professionalism, and genuine dedication to his clients. He kept us informed, advocated for our interests, coordinated with all parties involved, and made sure nothing fell through the cracks. We wholeheartedly recommend him to anyone looking for a knowledgeable, responsive, and trustworthy realtor.”

Miranda Richardson · Rockville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with Boris in DC was an outstanding experience from start to finish. He was knowledgeable, responsive, and truly understood the DC market. Throughout the entire process, he made us feel informed and supported, always going above and beyond to answer questions and advocate for our interests. His professionalism, honesty, and attention to detail made what could have been a stressful experience feel smooth and manageable. I would highly recommend Boris to anyone looking to buy or sell a home in the DC area.”

D.T. · Washington, DC

Photo of Boris Miric
Fathom Realty
“We had the most amazing home buying experience with Mrs.Debra. She was very professional, courteous, and patient. She took extra care in listening to our desires and tailored our search for homes that met all our needs. Mrs. Debra also made herself available to us and acted with speed when it counted the most. Thank you so much for helping us find our new home.”

Latavia · Fairfax, VA

Photo of Debra  McElroy
Century 21 New Millennium
“Gurdeep was amazing - covering all the bases, communicating often, and working hard to sell our property in a short time. She made everything as easy as possible and was a source of excellent advice throughout the process, as well as a pleasure to work with. If we return to the area, we will absolutely seek her services again.”

Elizabeth · Reston, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“Lindsay, took a personal approach to the sale of my property. The entire process was challenged as a team, using ideas, suggestions and conclusions to reach the satisfactory results. Thank you, Lindsay. You were no less than Awesome!”

Bruce Nolen Sr · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“​I cannot recommend Wes Sparks at eXp Realty highly enough! My father and I recently worked with Wes to sell my father's home, and the entire experience was seamless, professional, and incredibly successful. ​From our very first meeting, it was clear that Wes is an expert in his field. He brought a wealth of market knowledge and a strategic approach that gave us immediate confidence. Selling a family home can often be an emotional and complex process, but Wes handled everything with the utmost respect and patience.”

Smithson · Stanardsville, VA

Photo of Wes Sparks
eXp Realty, LLC
“William was not only patient but very knowledgeable, informative, and supportive throughout the whole process. We got our dream home and I thank William for helping secure it.”

Micaiah · Virginia Beach, VA

Photo of William Mallory
Iron Valley Real Estate
“Barbie consistently arrives on time, communicates clearly and efficiently, and maintains a high level of professionalism.””

Alejandro Alvarez · Manassas Park, VA

Photo of Barbie Lee
Century 21 Redwood
“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
“Kris was wonderful to work with and we are greatful for her assistance in our fore ever home purchase”

Mike Greenberg · King George, VA

Photo of Kris Riley
NextHome Mission
“Thanks Ms. Debbie! You made the process a breeze and I appreciate your patience with all the questions of this first time homebuyer!”

Pete Riley · Elizabeth City, NC

DM
The Real Estate Group
“Pam is the epitome of professionalism and honesty. She operates with respect and integrity. She's incredibly well informed very balanced and measured in how she approaches things. She's always looking for solutions and a win-win outcome.”

Atousa · Washington, DC

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“I met Kat in 2022 when I needed help with a complicated sale on a tight timeline prior to an overseas assignment. She was amazing so there was no hestitation reaching out for assistance with this purchase. She and her associates are top notch all the way, bringing the unique combination of professionalism, technical acumen, positive attitude, and amazing work ethic. She's never let me down and absolutely worked miracles on several transactions for me and my family. It's an honor to support her with this review!”

Jeff · Winchester, VA

Photo of Katherine Wetzel
Century 21 Redwood Realty
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”

Catherine Melendez M. · Chesapeake, VA

Photo of Catherine Kowalsky
Berkshire Hathaway BHHS RW Towne Realty
“Working with this agent was a great experience. They were always available to answer questions, offer guidance, and provide support every step of the way. Their expertise and dedication made the entire process easy and enjoyable. I couldn’t recommend them more highly.”

Harry Patel · Dinwiddie, VA

Photo of Asif Kabani
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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