66506, Manhattan, KS

The 66506 zip code of Manhattan, KS has a median home value of $151,000 and a median home equity of $101,000. This means that the majority of homes in this zip code are worth more than their original purchase price, but there are also a significant number of homes that are worth less than their original purchase price. The average home value in the 66506 zip code has increased by 5.5% over the past year and by 9.1% over the past five years. Over the same period, the average home equity has increased by 10.4%.

The increase in home values is likely due to several factors: increasing demand for housing in Manhattan, KS; low interest rates; and limited supply of homes for sale in the 66506 zip code. In addition, many homeowners in this zip code have taken advantage of available incentives such as low interest rates and tax breaks to increase their home equity values.