40160, Radcliff, KY

The 40160 zip code of Radcliff, KY has a median home value of $128,000 and a median home equity of $101,000. This is significantly lower than the national median home value of $177,500 and the national median home equity of $142,000. There are several factors that may contribute to this discrepancy. First, Radcliff is located in an economically depressed area of Kentucky. Second, there are a large number of homes in this zip code that are owned by retirees or people who are not actively involved in the housing market. Finally, many homeowners in this zip code have taken out high-interest loans to finance their homes and have not been able to refinance them since the housing market crashed in 2008. As a result, they now owe more on their homes than they are worth and will likely need to sell their homes at a significant loss if they want to be able to afford another one.