67748, Oakley, KS

The home equity and home prices in the 67748 zip code of Oakley, KS are very high. The median home value in this zip code is $269,000, which is more than twice the national median home value of $125,000. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national average of just over 25%. This indicates that there are a lot of wealthy homeowners in this area.

One reason for the high home values in this zip code is likely the abundance of affluent residents. The population density in this area is low compared to most other areas of Kansas City, so it's not surprising that there aren't as many competing buyers for available homes. Additionally, Oakley is located close to both downtown Kansas City and Overland Park - two large metropolitan areas with a lot of jobs and opportunities. As a result, many homeowners here have been able to increase their home values by investing in renovations or additions.

While it's great to have such high home values, it can be difficult for people who don't own a house to afford one in this area. The average monthly mortgage payment for homes in this zip code is $1,814 - which is much higher than the national average of $1,139. This means that most people who want to buy a house here need at least some extra money saved up each month.