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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for May 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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Information and statistics on the latest trends in the Old Southwest real estate market, updated for May 2026. *
Old Southwest saw 15 homes on the market in March 2026, with 17 new listings added. Buyers moved quickly, putting 8 homes under contract. Homes spent a typical 16 days on the market, down more than 54% from the prior month and about 56% faster than a year ago.
Pricing is adjusting even as activity stays brisk. The typical home value in Old Southwest was about $257,000, down 17.1% year over year and 4.81% month over month, while the broader Roanoke city area sat lower at roughly $213,000. Sellers responded with a median list price of $299,000 in March, and the average sale-to-list ratio of about 0.96 shows many homes closing slightly below asking.
Only about 18% of recent sales closed above list price, which points to some room for negotiation despite Old Southwest still being labeled a Seller's Market with a market gauge of 19. Looking ahead to April 2026, typical values are projected around $250,500 with a projected median list price near $308,500 and inventory edging up to 18 homes, suggesting more options but continued pricing discipline. In a neighborhood where prices, speed, and supply are all shifting at once, Agent Pronto can connect both buyers and sellers with an agent who knows how to navigate these conditions.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Old Southwest offers residents a lively, walkable community with historic charm, easy access to shops and parks, and a welcoming, neighborly atmosphere.
Old Southwest stands out in Roanoke for its historic character paired with an active, close knit community, offering a distinct alternative to newer developments in areas like Wasena or Grandin Court. Tree lined streets, architectural variety, and front porches create a neighborhood where people tend to know their neighbors and value local identity.
Residents are within walking or biking distance of Elmwood Park and the Taubman Museum of Art, as well as downtown events and dining in Roanoke. Families appreciate proximity to Highland Park Elementary School and the green space at Highland Park. Everyday needs are covered with nearby grocery options and neighborhood businesses, while Roanoke Valley Greenways trails put walking and cycling routes within easy reach.
Housing in Old Southwest ranges from restored early 20th century homes to apartments and smaller infill properties, attracting both long term residents and new arrivals. The area appeals to those who want urban convenience along with a residential feel and a sense of history that is hard to replicate in newer neighborhoods like Hollins.
Whether you are preparing to list a historic home or hoping to move into Old Southwest before the next market shift, planning and timing matter. Agent Pronto can connect both buyers and sellers with an agent who understands this neighborhood’s character, pricing, and pace.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“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!”
“Gurdeep went above and beyond to sell our home. We first met her during an open house and appreciated her approach. We chose her as our buyers agent when purchasing our first home and then chose to work with her again for the sale of our beautifully renovated home 4 years later. Gurdeep is super diligent, honest, and goes above and beyond to get the job done. She is super trustworthy and reliable. She managed our home while we moved out of the area, and took away much of the stress that comes with selling a home. She is very professional in her approach! Thank you Gurdeep!”
“We are glad have Debra our broker/agent help us find right house and we did get house from her . We want thank you for your kindness person help us through first service until closing. We will recommend anyone that we know my family , friends need a home.”
“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.”
“Daniel Esteban was a great choice as he did an awesome job representing the sale of my property. Very professional.”
“I highly recommend Bree Cox to anyone purchasing a home, she's incredibly knowledgable of the market and reading both buyers and sellers alike. I came into this as a first-time homebuyer and she was so patient and willing to explain things multiple times without me feeling as though I was a burden which is a big source of anxiety for me going into this. Bree made a time that is a huge stress for most people feel completely managable. I put a lot of trust in her and she exceeded my expectations every step of the way. My next purchase is a long way off but I hope when that time comes I have the pleasure of working with Bree again!”
“Excellent service !!!”
“Working with Carla was an experience that exceeded our expectations in every regard. As first-time homebuyers, we entered the process with a steep learning curve, but Carla ensured we were thoroughly educated at every stage. She provided what I can only describe as a library’s worth of expertise and support throughout the entire process. From the initial search to the final closing, her attention to detail and proactive communication meant that no step was overlooked. Because of her commitment to keeping us informed, we transitioned into homeownership feeling fully prepared and confident. For any first-time buyer looking for a realtor who prioritizes both professional execution and client education, we cannot recommend Carla highly enough.”
“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.”
“Barbie consistently arrives on time, communicates clearly and efficiently, and maintains a high level of professionalism.””
“Boric nothing could have made me more happy than your hard work and dedication.Thank you so very much and if I ever need someone again you would be the one.”
“We had a bit of a challenging purchase working thru slow to no communication from listing agent to seller to us, Brooke really stepped up and helped make the purchase actually happen by being professionally persistent. She did an incredible job of communicating and helping navigate the unusual circumstances.”
“Kris was wonderful to work with and we are greatful for her assistance in our fore ever home purchase”
“Thanks Ms. Debbie! You made the process a breeze and I appreciate your patience with all the questions of this first time homebuyer!”
“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.”
“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!”
“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.”
“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.”
“James was amazing coming in and telling me exactly what needed to be done in order to sell and get what was needed out of it. James made a couple calls and had contractors in the house the very next Monday. 2 weeks later the house was complete and ready to be staged and on the market. James knows the market and how to make things happen. 48hrs on market and contract was on house! All this while he was extremely professional, friendly and mostly compassionate as I had just lost my dad. His communication is fabulous. Best thing about James he will Always have a recommendation from me.”
“I highly recommend Marc. He is extremely knowledgeable, patient, and always available to talk whenever questions came up, and he never rushed the process. He is an excellent negotiator who managed the transaction in a way that consistently protected our interests, turning what could have been a stressful experience into an unexpectedly smooth and successful one.”
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 Old Southwest. 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.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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