67464, Marquette, KS

The home equity and home prices in the 67464 zip code of Marquette, KS are reflective of the overall market conditions in the area. Over the past year, home values have increased by 2.5%, which is below the national average of 3%. However, over the past five years, home values have increased by an average of 7.4%. This indicates that there is strong demand for homes in this area and that buyers are willing to pay a higher price for a property than what it was worth a few years ago.

One factor that may be contributing to this trend is that there are relatively few new homes being built in Marquette. This has resulted in a shortage of available inventory and has driven up prices for existing homes. Additionally, many homeowners who live in this zip code are able to afford to pay more for their property than those who live elsewhere because they have access to ample credit options and/or they have saved up money through disciplined financial planning techniques.

Overall, it appears that buyers are willing to pay a higher price for properties in this area than what they were worth a few years ago due to strong demand and limited supply. As long as these market conditions continue, homeowners should be able to enjoy healthy gains on their investments over time.