67062, Hesston, KS

Hesston, KS is located in the 67062 zip code. The median home value in this zip code is $101,000. The average home value in Hesston has increased by 5% over the past year and by 8% over the past three years. This trend is likely to continue as more people are moving to Hesston and buying homes.

There are a number of reasons why home values have been increasing in Hesston. First, Hesston has a population that is growing rapidly. Second, there are a number of new homes being built in the area which means that there is more demand for housing than there is available space. Finally, Hesston has low interest rates which means that people can afford to buy homes even if they don't have much money saved up.

Despite these positive trends, there are some risks associated with buying a home in the 67062 zip code. First, prices can go down suddenly if there is a recession or if there are other problems with the economy. Second, interest rates could rise at any time which would make it harder for people to afford to buy homes. Third, although new homes are being built in the area, older homes may become vacant and be sold at a lower price than they would have been previously due to depreciation (the gradual loss of value over time). Fourth, although prices have been increasing steadily in recent years, they could still go down if more people decide to sell their homes and buy something else instead.