Is Lane, KS 66042 a buyer’s or seller’s market?
Lane is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lane housing market right now
In the three months ending August 31, 2026, 0% of homes in Lane, KS 66042 sold above their list price, the typical home went under contract in 95 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (36 days then) and the median sale price rose 137% to $544,764. Overall, Lane is less competitive than a year ago, which gives buyers more room.
Within Franklin County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Pomona 66076 (40% sold over asking) and Richmond 66080 (33% sold over asking) are even more competitive.
Run the numbers for 66042
Nearby markets
Ottawa 66067Seller’s market $161 /sq ftPomona 66076Seller’s market $173 /sq ftPrinceton 66078 $947 /sq ftRichmond 66080Seller’s market $108 /sq ft Browse all markets →Where Lane is
Loading map…
Questions about Lane real estate
Is Lane a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Lane, KS 66042 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lane?
The typical home went under contract in 95 days in the latest three months.
Do homes in Lane sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Lane?
About 1.41% of a home’s value a year in Franklin County, or roughly $5,640 on a $400,000 home.
What is the median home price in Lane?
The median sale price was $544,764 in the three months ending August 31, 2026, about $291 per square foot.
Local agents
See all agents in 66042 →No sponsored agents in 66042 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 66042
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology