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Compass Real Estate · ZIP 66204
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66204 ZIP Code Housing Market
$345,000median sale price
What is the 66204 housing market like right now?
The median home sale price in ZIP code 66204 is $345,000, up 10.9% year-over-year. Homes sell in an average of 3 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 66204 ZIP code a buyer's or seller's market?
ZIP code 66204 is currently a balanced market and homes selling in about 3 days. How we determine this →
What are the latest 66204 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $325,000 |
| Year-over-year price change | +10.9% |
| Average days on market | 3 days |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 66204 zip code, located in Merriam, KS, is currently classified as a balanced market. The median sale price stands at $345,000, representing a +10.9% change year over year. Homes in this area spend an average of 3 days on the market before going under contract.
ZIP 66204 sits in the Merriam, KS area, roughly 2.1 miles from downtown Merriam. Because home prices are set street by street, this ZIP can move differently from Merriam's citywide averages. The figures below reflect 66204 specifically — drawn from Redfin transactions, U.S. Census data for its 17,948 residents, and Zillow value estimates.
Homes sold
71
Last 12 weeks
Days on market
3
Fast-moving
Active listings
—
Sale-to-list
—
Below asking
What is driving the 66204 housing market?
The 66204 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 66204 have increased +10.9% 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 66204 stands at $318,751, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,572 per month. This gives a price-to-rent ratio of approximately 16.9, 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.
Who lives in 66204?
Population
17,948
Median income
$75,889/yr
Median age
36.1 years
Owner-occupied
48.9%
College grads
47.3%
Avg commute
18.27 min
What is it like living in 66204?
Zip code 66204 is home to approximately 17,948 residents. The median household income is $75,889 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 48.9% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 47.3% 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 18.27 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 66204.
Which public schools serve ZIP 66204?
5 schools tracked · 1,629 students
The largest public schools serving ZIP code 66204 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Comanche Elem
Grades PK-6 · 374 students
Overland Park Elem
Grades PK-6 · 374 students
Santa Fe Trail Elem
Grades PK-6 · 320 students
East Antioch Elem
Grades PK-6 · 282 students
Tomahawk Elem
Grades PK-6 · 279 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 66204
What is the median home price in 66204?
The current median sale price in 66204 is $345,000, based on recent Redfin transaction data. Prices have changed +10.9% 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 66204 a buyer's or seller's market?
The 66204 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 of zip code 66204?
Zip code 66204 has a population of approximately 17,948 residents. The median household income is $75,889 per year. About 48.9% 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 66204?
Properties Incorporated provides comprehensive data for 66204 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 66204 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.
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