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Is Medicine Lodge, KS 67104 a buyer’s or seller’s market?

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

Medicine Lodge is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$91▲ +83.7% vs. last year

The Medicine Lodge housing market right now

In the three months ending August 31, 2026, 0% of homes in Medicine Lodge, KS 67104 sold above their list price, the typical home went under contract in 17 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (97 days then) and the median sale price fell 5% to $104,955. Overall, Medicine Lodge is more competitive than a year ago, so tougher for buyers.

Run the numbers for 67104

Prefilled for 67104Can I win this house?Multiple-offer likelihood for a listing Prefilled for 67104Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hardtner 67057 — /sq ftKiowa 67070 — /sq ftSharon 67138 — /sq ft Browse all markets →

Towns like Medicine Lodge nearby

Find towns like Medicine Lodge in other states →
Pratt, KS67124 · 26 miles away89% similarlarger Anthony, KS67003 · 32 miles away82% similarcheaper homes ($38K less) Cherokee, OK73728 · 39 miles away82% similarolder residents · 8 min longer commute Harper, KS67058 · 31 miles away81% similarVery close on income, prices and more

Where Medicine Lodge is

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Questions about Medicine Lodge real estate

Is Medicine Lodge a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Medicine Lodge, KS 67104 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 Medicine Lodge?

The typical home went under contract in 17 days in the latest three months.

Do homes in Medicine Lodge sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Medicine Lodge?

About 1.70% of a home’s value a year in Barber County, or roughly $6,800 on a $400,000 home.

What is the median home price in Medicine Lodge?

The median sale price was $104,955 in the three months ending August 31, 2026, about $91 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