66614, Topeka, KS

Home Equity and Home Prices in the 66614 Zip Code of Topeka, KS

There is no doubt that home equity is one of the most important assets a person can have. Not only does it provide a cushion against unexpected financial challenges, but it also provides a measure of security and stability in times of uncertainty. In addition, home equity can be used to finance other investments or to help pay down debt.

According to recent data from Zillow, the average home value in the 66614 zip code of Topeka, KS was $191,200 as of September 30th, 2018. This represents an increase of 2% over the previous year and a 7% increase over the previous five years. Given this trend, it is safe to say that home prices in this area are continuing to rise at a healthy pace.

While there are certainly some exceptions (every market is different), it is generally true that rising prices lead to increased demand and increased values. As such, if you are looking for an opportunity to invest in property – either for personal use or as part of your portfolio – now may be a good time to do so!