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Gainsboro Homes for Sale

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  • /2

    $9,837

    • Land
    • 0.13 Acre
    • $75,669 per Acre

    411 5th St NW, Roanoke, VA 24016

    Conveniently located lot in NW. Close proximity to downtown Roanoke. Zoned RM-1.

    Emma Bailey RE/MAX ALL STARS

    411 5th St NW, Roanoke, VA 24016
  • /3

    $75,000

    • Land
    • 0.15 Acre
    • $500,000 per Acre

    406 Fairfax Ave NW, Roanoke, VA 24016

    Conveniently located corner lot in Roanoke City. This level lot is .148 acres. Build-to-Suit option available. Buyer and buyers agent to verify all information.

    Callie Dalton LONG & FOSTER - OAK GROVE

    406 Fairfax Ave NW, Roanoke, VA 24016
  • /3

    $64,000

    • Land
    • 0.13 Acre
    • $492,308 per Acre

    418 Fairfax Ave NW, Roanoke, VA 24016

    Conveniently located lot in Roanoke City. This level lot is .128 acres. Build-to-Suit option available. Buyer and buyers agent to verify all information.

    Callie Dalton LONG & FOSTER - OAK GROVE

    418 Fairfax Ave NW, Roanoke, VA 24016
  • /2

    $9,476

    • Land
    • 0.11 Acre
    • $86,145 per Acre

    0 Patton Ave NW, Roanoke, VA 24016

    Conveniently located lot in Northwest Roanoke City with close proximity to downtown. Zoned RM-1.

    Emma Bailey RE/MAX ALL STARS

    0 Patton Ave NW, Roanoke, VA 24016
  • /2

    $4,512

    • Land
    • 0.05 Acre
    • $90,240 per Acre

    407 5th St NW, Roanoke, VA 24016

    Conveniently located lot in NW. Close proximity to downtown Roanoke. Zoned RM-1.

    Emma Bailey RE/MAX ALL STARS

    407 5th St NW, Roanoke, VA 24016
  • /2

    $15,900

    • Land
    • 0.84 Acre
    • $18,929 per Acre

    219 Harrison Ave NW, Roanoke, VA 24016

    Nice sized building lot.

    Trish Epperly CENTURY 21 WAMPLER REALTY

    219 Harrison Ave NW, Roanoke, VA 24016
  • /2

    $6,600

    • Land
    • 0.07 Acre
    • $94,286 per Acre

    124 Patton Ave NW, Roanoke, VA 24016

    Vacant lot measuring 25' x 119'

    Gregg Ayers PRIME REAL ESTATE SERVICES INC

    124 Patton Ave NW, Roanoke, VA 24016
  • /2

    $7,900

    • Land
    • 0.16 Acre
    • $49,375 per Acre

    0 Patton Ave NW, Roanoke, VA 24016

    Vacant lot measuring .16 acres

    Gregg Ayers PRIME REAL ESTATE SERVICES INC

    0 Patton Ave NW, Roanoke, VA 24016

About Gainsboro

Gainsboro, the oldest neighborhood in Roanoke, is rich in history and cultural significance, particularly as a hub for Black connection and advocacy during segregation. Key historical sites include the Gainsboro Branch Library, Burrell Memorial Hospital, and Hotel Dumas, which hosted legendary musicians like Louis Armstrong and Ella Fitzgerald. Today, the neighborhood remains a focal point for community events and resources, with the Gainsboro Neighborhood Organization actively working to preserve its heritage. Residents enjoy proximity to downtown Roanoke, just a mile south, where they can explore a variety of dining options, including Alejandro's Mexican Grill and Martin’s Downtown, as well as the Roanoke Co+op for local produce. Gainsboro features historic architecture, with homes dating back to the late 1800s and early 1900s, including cottages, American Foursquares, and duplexes. The area is on the city's list for home rehabilitation projects, aiming to boost homeownership. The Gainsboro Library, a community pillar, offers a collection of Black literature and hosts events celebrating Black history. The neighborhood's annual block party, sponsored by Coca-Cola, is a highlight, featuring fashion shows, raffles, and food vendors. Entranceway Park and the Lick Run Greenway provide green spaces, with the latter connecting residents to Washington Park, known for its athletic courts and upcoming pool renovation. Gainsboro Road, the main corridor, is set for pedestrian and cyclist-friendly improvements by 2025. The neighborhood is well-connected, with Valley Metro bus stops and access to Interstate 581. For longer trips, the Roanoke-Blacksburg Regional Airport is 4 miles northwest, and the Roanoke Amtrak station is about half a mile south.

Frequently Asked Questions

Is Gainsboro a good place to live?
Gainsboro is a good place to live. Gainsboro is considered somewhat walkable and bikeable with good transit options. Gainsboro has 2 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 40. The average household income is $50,458 which is below the national average. College graduates make up 16.2% of residents. A majority of residents in Gainsboro are renters, with 72.3% of residents renting and 27.7% of residents owning their home. A local real estate agent serving Gainsboro can help you decide if this neighborhood is the right one for you. Learn more on our Gainsboro neighborhood guide.
Is Gainsboro, VA a safe neighborhood?
Gainsboro, VA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Gainsboro?
The median home price in Gainsboro is $172,475. If you put a 20% down payment of $34,500 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Gainsboro. The average household income in Gainsboro is $50K.
What are the best public schools in Gainsboro?
The best public schools that serve Gainsboro are:
What are the best private schools in Gainsboro?
The best private schools that serve Gainsboro are:
What are the most popular zip codes in Gainsboro, Roanoke, VA?
The most popular zip codes in Gainsboro, Roanoke, VA include 24121, 24018, 24153, 24012 and 24014.
What are the most popular neighborhoods near Gainsboro, Roanoke, VA?
The most popular neighborhoods near Gainsboro, Roanoke, VA are Harrison, Downtown Roanoke, Washington Park, Gilmer and Belmont.

Home Trends in Gainsboro, VA

Home Trends

Median Price (12 Mo)
$175,070
Median Single Family Price
$175,070
Average Price Per Sq Ft
$116
Last 12 months Home Sales
16
Median List Price
$172,475
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
43%
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