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Is Olpe, KS 66865 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Olpe is a seller’s market. With about 3.2 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.

Months of supply3.2Under 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 market10Listing to accepted offer
Median price per sq ft$125▲ +11.8% vs. last year

The Olpe housing market right now

In the three months ending August 31, 2026, 0% of homes in Olpe, KS 66865 sold above their list price, the typical home went under contract in 10 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 faster (68 days then) and the median sale price rose 192% to $208,910. Overall, Olpe is more competitive than a year ago, so tougher for buyers.

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

Run the numbers for 66865

Prefilled for 66865Can I win this house?Multiple-offer likelihood for a listing Prefilled for 66865Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allen 66833 $181 /sq ftAmericus 66835Seller’s market $163 /sq ftEmporia 66801Seller’s market $117 /sq ftHartford 66854 — /sq ft Browse all markets →

Towns like Olpe nearby

Find towns like Olpe in other states →
Americus, KS66835 · 18 miles away86% similarcheaper homes ($58K less) Lyndon, KS66451 · 38 miles away81% similarlarger · older homes Lebo, KS66856 · 23 miles away79% similarolder residents · 6 min longer commute Osage City, KS66523 · 32 miles away70% similarlarger · older residents

Where Olpe is

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Questions about Olpe real estate

Is Olpe a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Olpe, KS 66865 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 Olpe?

The typical home went under contract in 10 days in the latest three months.

Do homes in Olpe sell over asking?

0% of homes sold above their original list price.

What are property taxes in Olpe?

About 1.55% of a home’s value a year in Lyon County, or roughly $6,200 on a $400,000 home.

What is the median home price in Olpe?

The median sale price was $208,910 in the three months ending August 31, 2026, about $125 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