The story of this market
The typical home in ZIP 66942 sells for about $208,000, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 66942 — Formoso
The housing market in ZIP 66942 is characterized by very low inventory and limited sales activity, typical of rural Kansas townships. Prices have seen modest appreciation, but the market remains highly stable with little speculative pressure. Data for specific school ratings and utility providers at the ZIP level is not currently published.
This area is primarily suited for those seeking a rural, low-density lifestyle in the Kansas plains, likely appealing to retirees or those with local agricultural ties.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 6.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 3.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 66942, Jewell County, Kansas
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kansas) — Kansas Residential Property Tax: Annual tax bill calculated as: (Appraised Fair Market Value * 11.5% Assessment Rate) * (Mill Levy / 1,000). The mill levy is the combined tax rate set by local taxing jurisdictions.
The local economy is primarily driven by agriculture and small-scale local services within Jewell County.
Data retrieved from data.census.gov ZCTA 66942 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.