66109, Kansas City, KS

The 66109 zip code of Kansas City, KS has a median home value of $128,000 and a median home equity value of $101,000. This is higher than the national median home value of $123,700 and the regional median home equity value of $102,500. The 66109 zip code also has a high rate of homeownership at 82%. This is higher than the national homeownership rate of 69% and the regional homeownership rate of 75%.

There are several factors that may contribute to the high rates of homeownership in the 66109 zip code. One reason may be that there are many affordable homes available in this area. Another reason may be that people in this zip code are more likely to have good credit ratings which could make it easier for them to get a mortgage. Finally, there is a strong network of community organizations and businesses in this area which may provide support to people who are looking to buy or sell a home.

Despite these positive factors, there are some challenges facing residents in the 66109 zip code when it comes to buying or selling a home. One challenge may be that housing prices have been increasing faster than average over the past few years which could make it harder for residents to find an affordable property. Another challenge may be that there is limited inventory available on the market which could lead to long wait times for buyers who want to purchase a house in this area.