Is Melvern, KS 66510 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melvern is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market2Listing to accepted offer

Median price per sq ft$133

The Melvern housing market right now

In the three months ending August 31, 2026, 0% of homes in Melvern, KS 66510 sold above their list price and the typical home went under contract in 2 days. With only 1 sale, these figures can swing a lot from month to month.

Within Osage County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Vassar 66543 (33% sold over asking) is even more competitive.

About the area

Osage County, KS

Population	684
Median income	$57,262
Average income	$70,598
Median home value	$178,300
Median rent	$691/month
Owner-occupied	84% of homes
Median year built	1973

Natural hazard riskTornadoes (relatively high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 66510; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 66510

Prefilled for 66510Can I win this house?Multiple-offer likelihood for a listing Prefilled for 66510Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Burlingame 66413 $130 /sq ft Carbondale 66414Seller’s market $139 /sq ft Lyndon 66451Seller’s market $123 /sq ft Osage City 66523Seller’s market $122 /sq ft Browse all markets →

Where Melvern is

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Questions about Melvern real estate

How fast do homes sell in Melvern?

The typical home went under contract in 2 days in the latest three months.

Do homes in Melvern sell over asking?

0% of homes sold above their original list price.

What are property taxes in Melvern?

About 1.49% of a home’s value a year in Osage County, or roughly $5,960 on a $400,000 home.

What is the median home price in Melvern?

The median sale price was $232,399 in the three months ending August 31, 2026, about $133 per square foot.

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More tools for 66510

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Osage County property taxes Osage County loan limits Closing costs in Kansas Hottest ZIP codes in Kansas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology