Median home value: $296K (+3.3% YoY). Rent: $1,454/mo. Price-to-rent: 17.0x. Part of Roanoke, VA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Roanoke, VA metro page.
Home Value$296,170
+3.3%
Rent$1,454/mo
AFFORDABILITYRenting $302/mo cheaper ($1,454 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Salem.
$59,234 on $296,170
Stretch — 28.1% of income
Above 28% but manageable with cuts.
PITI$1,756
P/I28.1%
Afford$295K
Gap-$1K
P&I $1,421Tax $202Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing