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Roanoke, IN Real Estate


According to census data in the year 2000 there were 633 housing units in Roanoke. This represents a 55.5% growth from 407 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 633 were located in what is classified as a rural area.

Homeownership rate in Roanoke is about 78.7%. Roanoke's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Roanoke were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.20%
Two Bedrooms24%
Three Bedrooms57.20%
Four Bedrooms12%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1970
Median Value of occupied units$89,400
Median Price asked for vacant units$77,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1968
Median Monthly Rent asked for vacant units$456

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan11.30%
Simple Mortgage58.50%
Debt Free25%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%