What is the Best Neighborhoods USA ranking for Raleigh Court?
Raleigh Court is ranked #15 of 43 eligible neighborhoods in Roanoke; #280 of 518 eligible neighborhoods in VA; and #6,616 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Raleigh Court
Roanoke, VA | Roanoke City
Scored premium profile
Best Neighborhoods USA Index
52.7
Stability and Strength
53.8
Value Opportunity
52.6
Momentum
51.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Roanoke, VA |
| County | Roanoke City |
| National rank | #6,616 of 14,967 |
| State rank | #280 of 518 |
| City rank | #15 of 43 |
| County rank | #15 of 43 |
| National percentile | 55.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $344,496 |
| Year-over-year home value change | 1.6% |
| Month-over-month home value change | -0.16% |
| Home value to income ratio | 4.97 |
| Median household income | $69,247 |
| Bachelor's degree or higher | 48.6% |
| Civilian unemployment rate | 4.2% |
| Homeownership rate | 59.8% |
| Housing vacancy rate | 6.7% |
| Rent burden 30% or higher | 41.7% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Raleigh Court
Is Raleigh Court one of the best neighborhoods in Roanoke?
Raleigh Court has a Best Neighborhoods USA Index of 52.7 and a city ranking of #15 of 43 eligible neighborhoods in Roanoke.
How much are homes worth in Raleigh Court?
The current Zillow Home Value Index for Raleigh Court is approximately $344,496.
Are home values rising or falling in Raleigh Court?
Zillow neighborhood values changed 1.6% year over year and -0.16% month over month.
What is the Neighborhood Momentum Score for Raleigh Court?
Raleigh Court has a Neighborhood Momentum Score of 51.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Raleigh Court?
The NDS-derived neighborhood median household income is approximately $69,247.
How affordable is Raleigh Court relative to household income?
The current Zillow home-value-to-household-income ratio is 4.97. Price-to-income affordability is a major Value Opportunity input.
Is Raleigh Court primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 59.8%.
What is the unemployment rate in Raleigh Court?
The NDS-derived civilian unemployment rate is approximately 4.2%.
How educated are residents of Raleigh Court?
Approximately 48.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Raleigh Court face high rent burden?
Approximately 41.7% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Raleigh Court?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications278
Estimated originations183
Home-purchase applications136
Origination rate65.6%
Home-purchase share48.7%
Average application loan$205,333
Total application loan amount$57,115,312
National application rank#1,339 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.9% YoY; originations 12.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.