Is Louisburg, KS 66053 a buyer’s or seller’s market?
Louisburg is a seller’s market. With about 2.9 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 63% of U.S. ZIP codes, and #67 of 122 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Louisburg housing market right now
In the three months ending August 31, 2026, 45% of homes in Louisburg, KS 66053 sold above their list price, the typical home went under contract in 42 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold more slowly (19 days then) and the median sale price fell 9% to $320,132. Overall, Louisburg is more competitive than a year ago, so tougher for buyers.
Within Miami County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Louisburg ranks #67 of 122 KS ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Osawatomie 66064 (0% sold over asking) or Paola 66071 (15% sold over asking).
Run the numbers for 66053
Nearby markets
Bucyrus 66013Seller’s market $234 /sq ftFontana 66026 — /sq ftOsawatomie 66064Seller’s market $164 /sq ftPaola 66071Seller’s market $172 /sq ft Browse all markets →Towns like Louisburg nearby
Find towns like Louisburg in other states →Where Louisburg is
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Questions about Louisburg real estate
Is Louisburg a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Louisburg, KS 66053 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 Louisburg?
The typical home went under contract in 42 days in the latest three months.
Do homes in Louisburg sell over asking?
45% 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 Louisburg?
About 1.27% of a home’s value a year in Miami County, or roughly $5,080 on a $400,000 home.
What is the median home price in Louisburg?
The median sale price was $320,132 in the three months ending August 31, 2026, about $176 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology