67138, Sharon, KS

The 67138 zip code of Sharon, KS has a median home value of $128,000. The home equity in this zip code is $44,000. This means that the majority of homeowners in this zip code have more than half their homes' equity invested in their homes. Additionally, the average home price appreciation rate for this zip code is 5%. This means that over the past five years, the average homeowner's home value has increased by approximately $6,000.

The high level of home equity and average price appreciation rates in this zip code likely reflects several factors. First and foremost, Sharon is a desirable location with access to both major metropolitan areas ( Kansas City and Wichita) as well as smaller towns within easy reach. Additionally, Sharon has experienced relatively low levels of unemployment and crime over the past few years which likely contributes to strong demand for housing stock. Finally, many homeowners in this zip code are likely making wise investments by investing significant portions of their homes' equity into their properties - rather than relying on volatile stock markets or other forms of investment to provide them with financial security.