67735, Goodland, KS

Goodland, KS is located in the 67735 zip code. According to the 2010 census, Goodland has a population of 2,868. The median household income was $59,711 and the median family income was $68,527. In 2009, there were 1,936 homes in the 67735 zip code with an average sale price of $137,000. Home equity in Goodland peaked in 2007 at $164,000 and has since decreased to $128,000 as of 2013.

The home equity crisis that began in 2007 affected many areas of the United States. However, it had a particularly significant impact on home prices and home equity in Goodland due to several factors. First and foremost was the fact that Goodland is located within a region that experienced significant job losses during this time period. As a result of these job losses and other economic conditions throughout Kansas and surrounding states, homeowners were forced to sell their homes at significantly lower prices than they would have otherwise been able to receive. Additionally, during this time period there was an increase in foreclosures throughout Kansas which further reduced available home equity for buyers looking to purchase homes in the area.

As of 2013 there are still 1,936 homes listed for sale within the 67735 zip code which indicates that demand for housing remains high despite recent decreases in home values. Furthermore, according to Zillow’s analysis of data from Trulia®, approximately 58% of all properties currently listed for sale within the 67735 zip code are occupied by their original owners while 42% are rented out (as of September 2014). This indicates that while there may be some downward pressure on home values due to decreasing availability and increased competition from other areas within Kansas City metropolitan area; overall demand remains strong which should help support future increases in value over time