66216, Shawnee, KS

The Shawnee, KS 66216 zip code has a population of approximately 27,000 people and a median home value of $128,000. The average home equity in this zip code is $48,000.

There are a number of factors that contribute to the high home equity in the 66216 zip code. First and foremost, Shawnee is a relatively affluent area with a high median income. Additionally, there is a large concentration of families with children in the area which means that there are more homes that are being used as primary residences rather than investment properties. Finally, the area has seen strong growth over the past few years which has led to increased demand for housing and increased prices for homes.

Despite these positive factors, there are also some challenges facing homeowners in the 66216 zip code. One issue is that interest rates have been low for quite some time now which has made it difficult for people to get loans for new homes or to refinance their existing mortgages. Additionally, there is an increasing amount of competition for housing stock which means that prices are likely to continue rising over time unless something changes.