Homes Under $400K for Sale in Louisburg, KS
· 42 homes fit this search42 homes fit this search · Sorted by Newest Listed
About Homes Under $400K in Louisburg, KS
Louisburg, KS has 42 homes under $400k for sale right now, with a median list price of $257,490. These homes under $400k were built between 1920 and 2026. Most are between 1,092 and 2,118 square feet.
Housing market trends in Louisburg, KS (all homes)
As of Oct 26, 2026, Louisburg, KS: 64 homes for sale · 1 new in the last 7 days · median asking $292,732 · 21 price reductions · a median of 24 days to contract. 12 homes closed in the last 30 days, at a median of $366,975. At the pace of the last 90 days that is 4.65 months of supply. Inventory is down 4.5% from four weeks ago.
66
Homes for sale in Louisburg · 2 coming soon
$292,732
Median list price
24 days
Median days to contract
4.65 mo
Months of supply
| Measure | Sep 2026 | Aug 2026 | Sep 2025 |
|---|---|---|---|
| Median sale price | $364,000 | $351,137 | $440,000 |
| Median price per sq ft | $170 | $175 | $165 |
| Median days to contract | 37 | 20 | 11 |
| Sell-to-list ratio | 98% | 97% | 99% |
| Homes sold | 19 | 12 | 13 |
| New listings | 22 | 19 | 10 |
| Went under contract | 19 | 18 | 8 |
10 photos
2+ acre lot
Price Cut · $847K
① Louisburg itself — the place you are on
Popular home searches in Louisburg
| Search | For sale |
|---|---|
| Open houses | For sale2 |
| Luxury homes | For sale6 |
| Just listed homes | For sale1 |
| Price-reduced homes | For sale21 |
| Coming soon homes | For sale2 |
| Homes under contract | For sale32 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Louisburg
| Price range | For sale |
|---|---|
| Under $200,000 | For sale18 |
| Under $300,000 | For sale33 |
| Under $400,000 | For sale42 |
| Under $500,000 | For sale46 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
② Its neighborhoods — one step out
Nearby neighborhoods to Louisburg
| Neighborhood | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | For sale | Median sale | Sell-to-list | Days to contract | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Summerfield Farm | Seller's | 3.4 mo | 4 | Median$368,500 | 99% | 16d | 0 | 1 |
| Starbrooke | Balanced ▲ | 5.3 mo | 7 | Median$309,672 | 101% | 15d | 0 | 16 |
| Hidden Creek | Strong Buyer's | 26 mo | 13 | Median$403,500 | — | 39d | 0 | 1 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.
③ Nearby cities — two steps out
Search homes nearby Louisburg
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Louisburg | Balanced | 6 mo | Median$295,000 | 96% | 24d | 66 | 2 | 34 |
| Paola | Balanced | 4.4 mo | Median$292,500 | 95% | 43d | 92 | 6 | 25 |
| Spring Hill | Balanced | 4.2 mo | Median$465,990 | 97% | 29d | 164 | 2 | 73 |
| Osawatomie | Balanced ▼ | 5.7 mo | Median$205,000 | 96% | 49d | 41 | 0 | 9 |
| Bucyrus | Strong Buyer's | 8.9 mo | Median$865,000 | 94% | 20d | 18 | 1 | 4 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.