Market Summary

Preston Park, Roanoke City, VA

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Median Home Price Price

$220,622 $220.6K

Median Monthly Rent Rent

$1,508 $1.5K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Roanoke City County

Region Price Rent GRM Display
$222,060 $1,322 14.0x
$203,740 $1,342 13.0x
$175,291 $1,373 11.0x
$274,424 $1,390 16.0x
$250,700 $1,475 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Roanoke City County

Region Price Rent GRM Display
$282,197 $1,544 15.0x
$366,500 $1,705 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$193,010 $1,530 11.0x
$229,548 $1,482 13.0x
$193,057 $1,344 12.0x
$280,132 $1,442 16.0x
$203,487 $1,477 11.0x
$193,372 $1,525 11.0x
$269,075 $1,546 15.0x
$206,135 $1,490 11.0x
$164,918 $1,383 10.0x
$223,060 $1,247 15.0x
$281,164 $1,730 14.0x
$187,572 $1,490 11.0x
$201,388 $1,332 13.0x
$194,825 $1,514 11.0x
$386,062 $1,562 21.0x
$156,090 $1,230 11.0x
$200,798 $1,347 12.0x
$251,794 $1,305 16.0x
$1,155,167 $1,672 58.0x
$159,667 $1,324 10.0x
$197,471 $1,609 10.0x
$271,418 $1,651 14.0x
$198,718 $1,504 11.0x
$170,715 $1,381 10.0x
$251,236 $1,506 14.0x
$177,513 $1,406 11.0x

Home prices

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Monthly rent

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GRM

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Preston Park

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Trend Insights

Median Rent in Preston Park, VA is $1,508, with MoM change +$10 and YoY change +$106 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Preston Park, VA.

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Metric
Base market Preston Park, VA
Compare market Select a market
Delta vs base
Median rent
$1,508
N/A
Median price
$220,622
N/A
YoY change
+$106
N/A
Price-to-rent
12.2x
Data unavailable
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