46172, Roachdale, IN

The 46172 zip code of Roachdale, Indiana has a population of approximately 2,000 people. The median household income in this zip code is $41,500, and the median home value is $130,000. Over the past five years, the home equity and home prices in this zip code have increased significantly. In 2012, the home equity in this zip code was $86,000. Five years later in 2018, the home equity had increased to $158,000. This significant increase can be attributed to several factors:

1) The overall economy has been improving over the past five years; as a result, more people are able to purchase homes and invest in their properties.

2) There are a limited number of available homes for sale in Roachdale; as a result, homeowners are able to sell their homes at higher prices than they would be able to if there were more available homes on the market.

3) The local real estate market is stable; there have been no major changes or fluctuations over the past five years that could impact home values orhome equity levels.