Is Peabody, KS 66866 a buyer’s or seller’s market?

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

Peabody is a seller’s market. With about 1.6 months of supply and 50% 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 supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$46▼ −63.3% vs. last year

The Peabody housing market right now

In the three months ending August 31, 2026, 50% of homes in Peabody, KS 66866 sold above their list price, the typical home went under contract in 7 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. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (32 days then) and the median sale price fell 42% to $107,454. Overall, Peabody is less competitive than a year ago, which gives buyers more room.

Within Marion County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Goessel 67053 (0% sold over asking) or Florence 66851 (0% sold over asking), while Lincolnville 66858 (100% sold over asking) and Durham 67438 (100% sold over asking) are even more competitive.

Nearby markets

Durham 67438 $53 /sq ftFlorence 66851Buyer’s market $87 /sq ftGoessel 67053Seller’s market $79 /sq ftHillsboro 67063Seller’s market $84 /sq ft Browse all markets →

Where Peabody is

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Questions about Peabody real estate

Is Peabody a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Peabody, KS 66866 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 Peabody?

The typical home went under contract in 7 days in the latest three months.

Do homes in Peabody sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.

What are property taxes in Peabody?

About 1.62% of a home’s value a year in Marion County, or roughly $6,480 on a $400,000 home.

What is the median home price in Peabody?

The median sale price was $107,454 in the three months ending August 31, 2026, about $46 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