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Real estate in Roanoke’s Old Southwest neighborhood.

Compare top Old Southwest real estate agents.

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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Old Southwest real estate Market Report.

Information and statistics on the latest trends in the Old Southwest real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$257K
-0% from Q1 '26
Median list price
$347K
+16% from Q1 '26
Active listings
24
-7.7% from Q1 '26
Homes sold
11
No change from Q1 '26
New pendings
7
-13% from Q1 '26
New listings
17
No change from Q1 '26

Quarterly Pricing Trends for Old Southwest

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

Quarterly Pricing Trends for Old Southwest Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $254K Median sale price in Jul 2021 - Sep 2021: $236K Median sale price in Oct 2021 - Dec 2021: $242K Median sale price in Jan 2022 - Mar 2022: $217K Median sale price in Apr 2022 - Jun 2022: $263K Median sale price in Jul 2022 - Sep 2022: $249K Median sale price in Oct 2022 - Dec 2022: $250K Median sale price in Jan 2023 - Mar 2023: $215K Median sale price in Apr 2023 - Jun 2023: $250K Median sale price in Jul 2023 - Sep 2023: $298K Median sale price in Oct 2023 - Dec 2023: $255K Median sale price in Jan 2024 - Mar 2024: $385K Median sale price in Apr 2024 - Jun 2024: $320K Median sale price in Jul 2024 - Sep 2024: $262K Median sale price in Oct 2024 - Dec 2024: $408K Median sale price in Jan 2025 - Mar 2025: $398K Median sale price in Apr 2025 - Jun 2025: $310K Median sale price in Jul 2025 - Sep 2025: $308K Median sale price in Oct 2025 - Dec 2025: $224K Median sale price in Jan 2026 - Mar 2026: $257K Median list price in Apr 2021 - Jun 2021: $280K Median list price in Jul 2021 - Sep 2021: $250K Median list price in Oct 2021 - Dec 2021: $300K Median list price in Jan 2022 - Mar 2022: $262K Median list price in Apr 2022 - Jun 2022: $250K Median list price in Jul 2022 - Sep 2022: $275K Median list price in Oct 2022 - Dec 2022: $350K Median list price in Jan 2023 - Mar 2023: $300K Median list price in Apr 2023 - Jun 2023: $274K Median list price in Jul 2023 - Sep 2023: $350K Median list price in Oct 2023 - Dec 2023: $440K Median list price in Jan 2024 - Mar 2024: $350K Median list price in Apr 2024 - Jun 2024: $381K Median list price in Jul 2024 - Sep 2024: $395K Median list price in Oct 2024 - Dec 2024: $400K Median list price in Jan 2025 - Mar 2025: $343K Median list price in Apr 2025 - Jun 2025: $304K Median list price in Jul 2025 - Sep 2025: $313K Median list price in Oct 2025 - Dec 2025: $310K Median list price in Jan 2026 - Mar 2026: $299K Apr 2021 - Jun 2021 Median sale price $254K Median list price $280K Jul 2021 - Sep 2021 Median sale price $236K Median list price $250K Oct 2021 - Dec 2021 Median sale price $242K Median list price $300K Jan 2022 - Mar 2022 Median sale price $217K Median list price $262K Apr 2022 - Jun 2022 Median sale price $263K Median list price $250K Jul 2022 - Sep 2022 Median sale price $249K Median list price $275K Oct 2022 - Dec 2022 Median sale price $250K Median list price $350K Jan 2023 - Mar 2023 Median sale price $215K Median list price $300K Apr 2023 - Jun 2023 Median sale price $250K Median list price $274K Jul 2023 - Sep 2023 Median sale price $298K Median list price $350K Oct 2023 - Dec 2023 Median sale price $255K Median list price $440K Jan 2024 - Mar 2024 Median sale price $385K Median list price $350K Apr 2024 - Jun 2024 Median sale price $320K Median list price $381K Jul 2024 - Sep 2024 Median sale price $262K Median list price $395K Oct 2024 - Dec 2024 Median sale price $408K Median list price $400K Jan 2025 - Mar 2025 Median sale price $398K Median list price $343K Apr 2025 - Jun 2025 Median sale price $310K Median list price $304K Jul 2025 - Sep 2025 Median sale price $308K Median list price $313K Oct 2025 - Dec 2025 Median sale price $224K Median list price $310K Jan 2026 - Mar 2026 Median sale price $257K Median list price $299K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
34
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).

Old Southwest’s rolling three-month data shows a modest but active flow of homes. There were 24 active listings with 17 new listings added, while 11 homes sold and 7 went under contract. Months of supply has tightened to 3.6, down sharply from a year ago, suggesting inventory is more constrained than it was.

Contract and sales trends are somewhat mixed compared with the broader Roanoke market. Homes sold in Old Southwest are up more than 25% year over year, even as pending sales have fallen by nearly half, hinting that recent closings reflect earlier, stronger demand. By contrast, Roanoke overall has more inventory on the market, with active listings up notably year over year and a similar months-of-supply level.

Pricing in Old Southwest has been adjusting downward over the past year. The typical home value is down by double digits year over year, and median list prices have also slipped, though they recently jumped month to month as sellers tested higher asking prices. Homes are still moving in a median of just 16 days, far quicker than a year ago, and only about 9% have sold above list with an average sale-to-list ratio just over 94%, pointing to more negotiation room than in past years. Both buyers and sellers can benefit from a local expert who understands these shifting dynamics, and Agent Pronto can connect them with the right agent to navigate this market.



Learn more about what Old Southwest has to offer.

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.

Find your Old Southwest real estate agent today →


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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 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.


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