64118, Kansas City, MO

The 64118 zip code of Kansas City, MO is home to a number of homeowners who have invested in their homes over the years. The average home value in this area is $183,000, which is considerably higher than the national average of $157,500. In addition, the percentage of homeowners in this zip code who owe more on their mortgages than their homes are worth is lower than the national average. This indicates that many homeowners in this area are able to maintain a healthy level of equity in their homes.

There are a number of reasons why home values and mortgage debt levels vary from neighborhood to neighborhood within Kansas City. Some factors that may influence these values include access to good schools and job opportunities, proximity to amenities and businesses, and whether or not there has been recent development in the area. While it is impossible to predict how any one factor will affect prices within a given community, it is important for homeowners and buyers alike to understand all of the available information before making an investment decision.