66604, Topeka, KS

There is no one answer to the question of whether home equity or home prices are more important to a person's financial well-being. What matters most to each individual is what works best for them. However, there are some general observations that can be made about the Topeka, KS 66604 zip code based on data from Zillow.com.

First, it is worth noting that home equity and home prices in the 66604 zip code have both been growing at a relatively healthy rate over the past several years. The median value of homes in this area was $153,000 as of September 2017, up from $128,500 just five years earlier. Meanwhile, the average home equity balance has increased by nearly 50% over that same time period – from $68,700 to $96,600. This suggests that many people in this area are doing well financially and are able to leverage their home equity for additional growth opportunities.

Second, it's also worth noting that not everyone in the 66604 zip code is experiencing these positive trends. There are areas within Topeka where values have decreased relative to others nearby (for example), and there may be other pockets where prices have yet to reach their peak but could potentially do so soon if current trends continue. In any case, it's important for anyone looking to buy or sell a property in this area to consult with a real estate agent who can provide an accurate assessment of current market conditions and potential outcomes.