67355, Niotaze, KS

Home equity is the value of a home minus any outstanding mortgages or other liens on the property. Home prices are the price at which a particular home has been sold or offered for sale. Both measures can be used to indicate how much an owner may be able to sell their home for, should they choose to do so.

According to Zillow, as of September 2017, the median home value in Niotaze was $128,000. This means that half of all homes in this zip code were worth more than $128,000 and half were worth less.

The average sales price for homes in Niotaze during September 2017 was $138,500. This means that over the past year, the average sales price for homes in this zip code has increased by 2%.

It is important to keep in mind that while median values and average sales prices are good indicators of market trends, they are not always indicative of what an individual homeowner may be able to sell their home for. For example, if there have been a lot of new listings recently and no recent sales have occurred within your zip code area, it might be difficult for you to sell your home at its current median value even if it is currently listed at that price. Conversely, if there have been a lot of recent sales and your zip code area's median value has decreased below its previous level (meaning that more homes are now selling for less than the median), it might be easier for you to sell your home at its current average sale price even if it is currently listed at that price.

Overall then, while market trends (such as median values and average sale prices) can provide some indication as to where homeowners may find potential buyers interested in purchasing their homes (based on general market conditions), ultimately it will depend on specific circumstances surrounding each property's listing (such as location and features) whether or not an owner will actually be able to sell their home at its current listed price or higher.