Market Summary

Southern Hills, Roanoke City, VA

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Median Home Price Price

$269,016 $269K

Median Monthly Rent Rent

$1,451 $1.5K

GRM

15.0x

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
$236,111 $1,315 15.0x
$180,995 $1,280 12.0x
$250,700 $1,475 14.0x
$238,883 $1,324 15.0x

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
$287,901 $1,959 12.0x
$279,389 $1,681 14.0x

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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
$307,997 $1,727 15.0x
$158,772 $1,333 10.0x
$203,823 $1,401 12.0x
$270,977 $1,590 14.0x
$166,361 $1,428 10.0x
$216,593 $1,295 14.0x
$289,835 $1,700 14.0x
$258,735 $1,244 17.0x
$254,405 $1,426 15.0x
$464,193 $1,462 26.0x
$212,472 $1,287 14.0x
$261,482 $1,523 14.0x
$523,574 $1,434 30.0x
$305,150 $1,656 15.0x
$221,661 $1,260 15.0x
$733,433 $1,429 43.0x
$228,989 $1,427 13.0x
$199,419 $1,357 12.0x

Home prices

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Monthly rent

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GRM

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Southern Hills

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Trend Insights

Median Rent in Southern Hills, VA is $1,451, with MoM change +$15 and YoY change +$116 pointing to positive momentum while volatility is low (std $29).

Benchmark Markets Side by Side

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Metric
Base market Southern Hills, VA
Compare market Select a market
Delta vs base
Median rent
$1,451
N/A
Median price
$269,016
N/A
YoY change
+$116
N/A
Price-to-rent
15.5x
Data unavailable
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