Is El Dorado, KS 67042 a buyer’s or seller’s market?

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

El Dorado is a seller’s market. With about 1.7 months of supply and 15% 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.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #91 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list14.8%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$119▲ +8.5% vs. last year

The El Dorado housing market right now

In the three months ending August 31, 2026, 15% of homes in El Dorado, KS 67042 sold above their list price, the typical home went under contract in 33 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold more slowly (25 days then) and the median sale price rose 7% to $175,924. Overall, El Dorado is less competitive than a year ago, which gives buyers more room.

Within Butler County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, El Dorado ranks #91 of 122 KS ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Whitewater 67154 (0% sold over asking) or Leon 67074 (0% sold over asking), while Towanda 67144 (33% sold over asking) and Andover 67002 (32% sold over asking) are even more competitive.

Nearby markets

Andover 67002Seller’s market $150 /sq ftAugusta 67010Seller’s market $133 /sq ftBenton 67017Seller’s market $150 /sq ftBurns 66840 $92 /sq ft Browse all markets →

Where El Dorado is

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Questions about El Dorado real estate

Is El Dorado a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in El Dorado, KS 67042 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 El Dorado?

The typical home went under contract in 33 days in the latest three months.

Do homes in El Dorado sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in El Dorado?

About 1.46% of a home’s value a year in Butler County, or roughly $5,840 on a $400,000 home.

What is the median home price in El Dorado?

The median sale price was $175,924 in the three months ending August 31, 2026, about $119 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