Roanoke, IN housing market
The typical Roanoke home is worth about $371,000, up 3.7% in a year, 43% above the Indiana typical home.
Home values, sales, trends and how Roanoke compares with the towns next door — updated as new data is published.
Roanoke at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Roanoke | Indiana |
|---|---|---|
| 2017 | $204,000 | $135,000 |
| 2018 | $214,000 | $144,000 |
| 2019 | $225,000 | $154,000 |
| 2020 | $240,000 | $164,000 |
| 2021 | $268,000 | $183,000 |
| 2022 | $301,000 | $209,000 |
| 2023 | $323,000 | $227,000 |
| 2024 | $339,000 | $237,000 |
| 2025 | $356,000 | $249,000 |
| 2026 | $364,000 | $256,000 |
| August 2026 | $371,000 | $260,000 |
5.2 years of income
The typical Roanoke home costs about 5.2 years of the town's median household income, more than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Roanoke is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Roanoke pay a median of $817, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $760 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46783; Fort Wayne, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Roanoke
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.