What are the most expensive neighborhoods in Roanoke, VA?

The neighborhoods with the highest median home values in Roanoke, VA include: South Roanoke ($619,798), Greater Deyerle ($388,747), Cave Spring ($363,296), Franklin Colonial ($359,645), Raleigh Court ($337,400).

What are the most affordable neighborhoods in Roanoke, VA?

The neighborhoods with the lowest median home values in Roanoke, VA include: Fallon ($116,291), Gilmer ($120,061), Harrison ($120,423), Loudon-Melrose ($127,743), Hurt Park ($130,960).

Which Roanoke, VA neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Roanoke, VA include: Harrison (5.8%), Franklin Colonial (5.6%), Washington Heights (5.1%), South Roanoke (4.8%), Peachtree/Norwood (4.5%).

Norwich, VA Housing Market

$138,960

1.7% 1-yr

The average Norwich, VA home value is $138,960, down 1.7% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Norwich Key Takeaways

Typical Home Values: $138,960

1-Year Value Change: -1.7%

(Data through August 31, 2026)

Norwich Housing Market Overview

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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Hurt Park$118,254
Raleigh Court$329,663
Shenandoah West$150,779
Mountain View$179,302
Cherry Hill$192,314
Loudon-Melrose$117,984
Wilmont$199,904
Wasena$247,677
South Washington Heights$148,867

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Norwich Rental Market Trends

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National Average Rent: $1,948 (August 31, 2026)

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How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.