66067, Ottawa, KS

The 66067 zip code of Ottawa, KS has a median home value of $128,000 and a median home equity value of $101,000. These values are significantly lower than the national median home value of $217,500 and the national median home equity value of $146,200. The 66067 zip code also has a significantly lower rate of homeownership than the national homeownership rate of 68.9%.

One potential explanation for these low home values in the 66067 zip code is that there are relatively few homes for sale in this area. In fact, as of May 2017 there were only 2 active listings in the zip code. This could lead to bidding wars and high prices, as well as limited choice for buyers. Alternatively, it could indicate that buyers are not interested in purchasing homes in this area due to its lower quality or price compared to other areas in Ottawa.

Despite these low home values, it is still possible to purchase a home in the 66067 zip code if you have enough money saved up. The average list price for homes sold in this area was $135,000 as of May 2017. Additionally, since most homes here are owner-occupied rather than rented (79%), buyers may be able to afford more expensive repairs or upgrades without having to worry about losing their property rental income.