66105, Kansas City, KS

The 66105 zip code of Kansas City, KS has a median home value of $161,000 and a median home equity value of $112,000. The home values in this zip code are lower than the national median home value of $177,500 and the regional median home value of $158,700. This indicates that there is a greater percentage of homes in this zip code that are worth less than their original purchase price.

The reasons for this may be due to the fact that this zip code is located in Kansas City which has been experiencing significant economic decline over the past several years. Additionally, many homeowners in this area have taken out high-interest loans to finance their homes which has increased their debt levels and decreased their equity levels.

Despite these factors, there are still a number of homeowners in the 66105 zip code who are able to maintain or increase their home equity levels by refinancing or selling their homes at a higher price than they originally purchased them for. It is important to note that not all homeowners in this area will experience similar success when it comes to maintaining or increasing their home equity levels; however, it is an important consideration for anyone looking to buy or sell a home in this area.