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Known as the location of the infamous disappearance of the Roanoke Colony, it has 251 foreclosed properties. The median selling price of a foreclosed house in Roanoke, according to 2022 statistics, was $114,000. Home sales declined by 97% overall between 2022 and 2021. Roanoke is considered today to be a major commercial and cultural center of Virginia. While in the past the railroads were the major source of revenue, today healthcare and retail are the major contributors.
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