67626, Bunker Hill, KS

Bunker Hill is a small town located in the 67626 zip code of Johnson County, Kansas. The population of Bunker Hill was 1,927 as of the 2010 census. The median household income in the 67626 zip code was $62,824 in 2009. Home prices in Bunker Hill have increased significantly over the past several years, reaching a peak of $237,000 in December 2013.

The primary drivers of home equity and home prices in Bunker Hill are strong economic conditions and limited supply. Economic conditions have been strong since the recession ended in 2009, and demand for housing has outpaced available supply. This has led to significant increases in home values throughout Johnson County. In addition, there is limited inventory of homes for sale within the 67626 zip code, which has also contributed to high home values.

Despite these positive factors, there are some risks associated with high home values in Bunker Hill. First, if interest rates increase or if the economy weakens again, home values could decline rapidly. Second, if there is a sudden increase in demand for housing within the 67626 zip code (for example due to an influx of new residents), prices could rise rapidly and exceed what many people can afford. Finally, if there is a major earthquake or other natural disaster that affects Johnson County (or any other part of Kansas), homes located near fault lines may be more susceptible to damage or destruction than homes located away from fault lines.