66208Prairie Village, KS Housing Market

Balanced market+7.4% YoY

$512,000median sale price

The 66208 zip code, located in Prairie Village, KS, is currently classified as a balanced market. The median sale price stands at $512,000, representing a +7.4% change year over year. Homes in this area spend an average of 18 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 66208 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

79

Last 12 weeks

Days on market

18

Fast-moving

Active listings

Sale-to-list

Below asking

Market trends

Market analysis for 66208

The 66208 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 66208 have increased +7.4% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 66208 stands at $476,364, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,285 per month. This gives a price-to-rent ratio of approximately 17.4, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Community profile

Population

21,609

Median income

$112,659/yr

Median age

40.4 years

Owner-occupied

79.3%

College grads

74.6%

Avg commute

20.5 min

Living in 66208

Zip code 66208 is home to approximately 21,609 residents. The median household income is $112,659 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 79.3% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 74.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 20.5 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 66208.

Frequently asked questions about 66208

What is the median home price in 66208?

The current median sale price in 66208 is $512,000, based on recent Redfin transaction data. Prices have changed +7.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 66208 a buyer's or seller's market?

The 66208 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 66208?

Zip code 66208 has a population of approximately 21,609 residents. The median household income is $112,659 per year. About 79.3% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 66208?

Properties Incorporated provides comprehensive data for 66208 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 66208 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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