66948, Jamestown, KS

The 66948 zip code of Jamestown, KS has a median home value of $130,000 and a median home equity value of $101,000. These values are significantly lower than the state median home value of $177,500 and the national median home equity value of $142,600. This indicates that the homes in this zip code are less valuable than those in other areas of Kansas and across the United States.

There are several factors that may contribute to the low home values in this zip code. First, there is a high percentage of vacant homes in this area, which may lead to decreased demand for property and consequently lowered prices. Additionally, Jamestown is located in an economically depressed region of Kansas, which may also have an impact on housing prices. Finally, many homeowners in this area may be underwater on their mortgages - meaning they owe more on their homes than their homes are worth - which could lead to reduced willingness to sell or invest in property.