67553, Liebenthal, KS

The Liebenthal, KS 67553 zip code has a median home value of $119,000 and a median home equity of $71,000. This is significantly lower than the national median home value of $177,500 and median home equity of $106,000. The Liebenthal zip code also has a significantly lower homeownership rate than the national homeownership rate of 63%.

There are several factors that may contribute to the low home values in the Liebenthal zip code. One factor is that the Liebenthal zip code has a high percentage of renters (63%). This means that there are many homes that are not owned outright but instead leased or rented. This may make it difficult for people to invest in or sell their homes, which could lead to decreased demand and therefore decreased prices. Additionally, the Liebenthal zip code has a high percentage of single-family homes (76%), which may limit potential buyers' options and drive down prices.

Despite these factors, there are some indications that prices in the Liebenthal zip code may be on the rise. For example, the number of homes sold in 2016 was higher than in 2015 and 2014 combined (14 vs 11 vs 10). Additionally, Zillow's recent report shows that prices have increased modestly over the past year in most U.S. cities with over 100k residents ( Liebenthal ranked #11 out of 117 cities). While it is still too early to tell if prices will continue to increase in this area over time, it is worth keeping an eye on as market conditions change.