Is Silver Lake, KS 66539 a buyer’s or seller’s market?
Silver Lake is a seller’s market. With about 2.3 months of supply and 0% 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 Silver Lake housing market right now
In the three months ending August 31, 2026, 0% of homes in Silver Lake, KS 66539 sold above their list price, the typical home went under contract in 43 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, 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 (16 days then) and the median sale price rose 64% to $424,816. Overall, Silver Lake is less competitive than a year ago, which gives buyers more room.
Within Shawnee County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Topeka 66619 (25% sold over asking) and Topeka 66609 (8% sold over asking) are even more competitive.
Run the numbers for 66539
Nearby markets
Auburn 66402Seller’s market $154 /sq ftBerryton 66409Seller’s market $183 /sq ftRossville 66533Seller’s market $146 /sq ftTecumseh 66542Seller’s market $151 /sq ft Browse all markets →Towns like Silver Lake nearby
Find towns like Silver Lake in other states →Where Silver Lake is
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Questions about Silver Lake real estate
Is Silver Lake a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Silver Lake, KS 66539 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 Silver Lake?
The typical home went under contract in 43 days in the latest three months.
Do homes in Silver Lake sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Silver Lake?
About 1.50% of a home’s value a year in Shawnee County, or roughly $6,000 on a $400,000 home.
What is the median home price in Silver Lake?
The median sale price was $424,816 in the three months ending August 31, 2026, about $138 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