66048, Leavenworth, KS

The 66048 zip code of Leavenworth, KS has a median home value of $183,000. The home equity in this zip code is $92,000. This means that the average homeowner in this zip code has over $100,000 in equity in their home.

Home prices have been on the rise for the past few years in Leavenworth, KS. In fact, according to Zillow’s recent report on housing data across the country, the 66048 zip code ranks as one of the top 10 areas with the highest home values growth from January 2017 to January 2018.

There are a few reasons why home prices have been increasing so rapidly in Leavenworth. First and foremost, there is an abundance of available housing stock in this area due to its population growth over the past several years. Additionally, many people are investing money into purchasing homes here because they believe that prices will continue to go up and they will be able to sell their homes for a higher price down the road.

Despite all these positive factors working in favor of homeownership rates and home values growth within 66048 zip code area, it is important to keep things perspective when looking at these numbers. Homeownership rates are still relatively low when compared with other areas throughout Kansas and nationwide. Additionally, even though prices have been going up rapidly recently there is no guarantee that they will continue doing so indefinitely or that homeowners will be able to sell their homes at a higher price than they bought them for if they decide to sell soon-term.