The story of this market
The typical home in ZIP 66701 sells for about $85,533, or $68 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $748 a month.
ZIP 66701 — Fort Scott
The housing market in 66701 remains stable with low inventory and modest price appreciation. Market conditions are driven by local employment stability and a lack of new construction, keeping the area affordable compared to national averages.
This ZIP is well-suited for budget-conscious family buyers and retirees seeking affordable housing in a quiet, small-town environment. It is less ideal for those requiring high-density urban amenities or extensive public transit options.
Median prices moved up 0.2% year over year.
Homes spend a median of 92 days on market with 4.2 months of supply — a balanced-paced market.
12% 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 6.2% · poverty 13.7% — 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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 66701, Labette County KS
Crime rates in the area are generally consistent with regional averages for rural southeast Kansas, with property crime being the primary concern. Local law enforcement maintains active community engagement to address public safety trends.
Schools in the area are primarily served by the Parsons Unified School District, which provides standard public education services. The district is characterized by a focus on community-based learning and vocational preparation.
The area faces moderate risks related to severe weather, including thunderstorms and occasional high winds common to the Great Plains. Flood risk is localized primarily near the Labette River and Parsons Lake areas.
Economic momentum is driven by local manufacturing and public sector employment, with recent infrastructure investments including dam rehabilitation at Parsons Lake. The city continues to focus on small-scale residential and commercial revitalization efforts.
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.
Commuting is primarily car-dependent, with residents utilizing US-400 and US-59 for regional travel. Most employment centers are located within a short drive of the city core.
The area features access to Parsons Lake for fishing and boating, along with several municipal parks providing walking trails and sports facilities. Shopping and dining are concentrated in the downtown district and along major highway corridors.
The rental market is characterized by a mix of single-family homes and older multi-family units, with stable demand driven by local workforce needs. Vacancy rates remain moderate, and short-term rental presence is minimal.
The local economy is anchored by manufacturing, healthcare, and public administration. Major employers include regional medical centers and industrial facilities that serve the broader Labette County area.
Transportation is dominated by private vehicle use, with US-59 and US-400 serving as the primary arteries. There is no significant public transit infrastructure in the area.
Development planning is currently focused on infrastructure maintenance and the rehabilitation of existing housing stock rather than new large-scale commercial projects.
The Labette County Appraiser's Office conducts annual assessments of real property to determine fair market value for taxation purposes.
Parcels are subject to levies from the city, Labette County, and the local school district, with additional assessments for utility and emergency services.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk, which are typical for the Kansas plains.
Kansas is a judicial foreclosure state, requiring court action to initiate the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau ZCTA profiles and local market reports.
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.
Provides fishing, boating, and recreational space for the community.
Features walking paths and local flora.
Historic district with local retail and dining establishments.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.