The story of this market
The typical home in ZIP 66550 sells for about $200,176, or $105 per square foot.
Prices are up +2.1% 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 $867 a month.
ZIP 66550 — Wetmore
The housing market in 66550 is a very small, stable rural market with limited inventory and low turnover. Prices have seen modest growth, but the lack of significant development or economic shifts keeps the market in a neutral state. Figures for specific metrics like days on market and price cuts are based on limited observations.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including local agricultural workers and families looking for affordable housing away from urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
10% 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 10.1% — 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 4.5%/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 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 66550, Nemaha County KS
The area is served by local rural school districts with limited public performance data available.
The region is subject to standard Midwestern weather risks including severe thunderstorms and tornadoes.
Economic momentum is limited due to the rural nature of the area; primary activity is centered on local agriculture and small-scale services.
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 largely rural-focused, with access to open spaces and local community parks within the vicinity.
The rental market is very thin with low inventory and limited turnover, primarily serving local workers.
The economy is primarily driven by agriculture and small-town retail services.
Transportation is entirely reliant on personal vehicles via state and county highway networks.
There are no major commercial or residential developments currently reported for this ZIP.
Nemaha County Appraiser's Office conducts annual valuations based on market sales data.
Parcels are subject to local school district and county-level property tax levies.
Property insurance premiums are influenced by regional exposure to severe weather events.
Data retrieved from US Census Bureau ZCTA-level tables.
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.