Loudon Melrose, Roanoke City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Loudon Melrose, Roanoke City, VA

Median Home Price Price

$112,737 $112.7K

Median Monthly Rent Rent

$1,231 $1.2K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Loudon-Melrose, VA is $1,231, with MoM change +$44 and YoY change +$162 pointing to positive momentum while volatility is low (std $39).

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Metric

Base market Loudon-Melrose, VA

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Delta vs base

Median rent

$1,231

N/A

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Median price

$112,737

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YoY change

+$162

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Price-to-rent

7.6x

Data unavailable

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