66618, Topeka, KS

Home Equity in the 66618 Zip Code of Topeka, KS

The average home equity in the 66618 zip code of Topeka, KS is $137,600. This means that homeowners in this area have a total equity of $137,600 on their homes. Home prices have been on the rise for many years now and it is likely that they will continue to do so for some time to come. In fact, according to Zillow, the median home price in this zip code is currently $171,900. This means that there are a good number of homeowners who are doing well financially by owning their homes here.

There are a number of reasons why home prices have been rising in this area over the past few years. First and foremost, there is an abundance of available housing stock here which has led to increased demand from buyers. Second, many people who live in this zip code are young and healthy which means that they are more likely to be able to afford a high-priced home than someone who is older or has health problems. Finally, Topeka has seen strong economic growth over the past few years which has led to an increase in jobs and income opportunities which can support higher housing prices.