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Is Montezuma, KS 67867 a buyer’s or seller’s market?

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

Montezuma is a seller’s market. With about 0.8 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 supply0.8Under 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 market18Listing to accepted offer
Median price per sq ft$232▼ −2.9% vs. last year

The Montezuma housing market right now

In the three months ending August 31, 2026, 0% of homes in Montezuma, KS 67867 sold above their list price, the typical home went under contract in 18 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 faster (56 days then) and the median sale price rose 7% to $374,638. Overall, Montezuma is more competitive than a year ago, so tougher for buyers.

Run the numbers for 67867

Prefilled for 67867Can I win this house?Multiple-offer likelihood for a listing Prefilled for 67867Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cimarron 67835Buyer’s market $117 /sq ftEnsign 67841 — /sq ftIngalls 67853 — /sq ft Browse all markets →

Towns like Montezuma nearby

Find towns like Montezuma in other states →
Sublette, KS67877 · 21 miles away72% similaryounger residents · 10 min longer commute Meade, KS67864 · 23 miles away70% similarcheaper homes ($51K less) · older residents Cimarron, KS67835 · 16 miles away62% similarpricier homes ($29K more) · larger Dodge City, KS67801 · 25 miles away44% similarcheaper homes ($39K less) · larger

Where Montezuma is

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Questions about Montezuma real estate

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

A seller’s market: there were 0.8 months of supply in Montezuma, KS 67867 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 Montezuma?

The typical home went under contract in 18 days in the latest three months.

Do homes in Montezuma sell over asking?

0% of homes sold above their original list price.

What are property taxes in Montezuma?

About 1.49% of a home’s value a year in Gray County, or roughly $5,960 on a $400,000 home.

What is the median home price in Montezuma?

The median sale price was $374,638 in the three months ending August 31, 2026, about $232 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