67029, Coldwater, KS

Home Equity and Home Prices in the 67029 Zip Code of Coldwater, KS

The 67029 zip code of Coldwater, KS has a median home value of $127,000. This is lower than the statewide median home value of $177,500. The 67029 zip code also has a lower median home equity value than the statewide median home equity value of $146,200.

There are several factors that may contribute to these lower home values in the 67029 zip code. These include low population density and a lack of available land within the area. Additionally, Coldwater is located in an economically depressed region of Kansas and has seen little recent growth or development. As a result, there are fewer homes for sale and those that are for sale tend to be more expensive due to limited competition.

Despite these factors, there are still some homeowners in the 67029 zip code who have benefited from rising home prices over the past few years. Those who have been able to sell their homes at or above their original purchase price have seen significant increases in their net worth over time. Additionally, those who have been able to keep their homes for longer periods of time may also see higher values as they become more established in their community.

Overall, it is evident that homeownership rates and home values vary significantly across different parts of Kansas state. While Coldwater may not be an ideal place to buy or invest in property right now, it is important to remember that there can always be exceptions to any rule - especially when it comes to real estate markets!