Is Valley Falls, KS 66088 a buyer’s or seller’s market?
Valley Falls is a seller’s market. With about 1.6 months of supply and 8% 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.
The Valley Falls housing market right now
In the three months ending August 31, 2026, 8% of homes in Valley Falls, KS 66088 sold above their list price, the typical home went under contract in 24 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (85 days then) and the median sale price fell 7% to $167,378. Overall, Valley Falls is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Grantville 66429 (0% sold over asking) or Ozawkie 66070 (0% sold over asking), while Winchester 66097 (50% sold over asking) and Perry 66073 (42% sold over asking) are even more competitive.
Run the numbers for 66088
Nearby markets
Grantville 66429Seller’s market $154 /sq ftMc Louth 66054Seller’s market $185 /sq ftMeriden 66512Buyer’s market $187 /sq ftNortonville 66060 — /sq ft Browse all markets →Towns like Valley Falls nearby
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Questions about Valley Falls real estate
Is Valley Falls a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Valley Falls, KS 66088 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 Valley Falls?
The typical home went under contract in 24 days in the latest three months.
Do homes in Valley Falls sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Valley Falls?
About 1.26% of a home’s value a year in Jefferson County, or roughly $5,040 on a $400,000 home.
What is the median home price in Valley Falls?
The median sale price was $167,378 in the three months ending August 31, 2026, about $134 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