The story of this market
The typical home in ZIP 66404 sells for about $145,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 66404 — Baileyville
The housing market in 66404 is characterized by low inventory and limited sales activity, typical of a rural agricultural community. Prices remain stable with minimal year-over-year growth, reflecting a quiet market with little speculative pressure. Most metrics, including specific sales counts and price-cut data, are limited due to the small sample size of this rural ZCTA.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees and individuals employed in the local agricultural sector.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — 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 2.6%/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 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 66404, Nemaha County KS
The area is served by rural district schools with limited published performance data available.
The region is subject to standard Midwestern weather risks including severe thunderstorms and occasional tornado activity.
The local economy is primarily driven by agriculture and small-scale local services with minimal new commercial development.
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.
Commutes are primarily car-dependent with residents traveling to nearby regional hubs for employment.
Recreation is limited to local community parks and rural outdoor activities.
The rental market is small and characterized by low turnover and limited inventory.
The economy is anchored by agricultural production and local support businesses.
Transportation is entirely reliant on private vehicles with no public transit infrastructure.
There are no major commercial or residential developments currently planned for this area.
The Nemaha County Appraiser's office conducts annual assessments of real property.
Parcels are subject to local school district and county-level property tax levies.
Property insurance premiums are influenced by regional weather risks and rural fire protection ratings.
Data retrieved from Neilsberg Research and U.S. Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.