Homes Under $500K for Sale in Louisburg, KS
· 46 homes fit this search46 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Louisburg, KS
Louisburg, KS has 46 homes under $500k for sale right now, with a median list price of $254,990. These homes under $500k were built between 1920 and 2026. Most are between 856 and 2,178 square feet.
Housing market trends in Louisburg, KS (all homes)
62
Homes for sale in Louisburg · 2 coming soon
$292,728
Median list price
24 days
Median days to contract
4.29 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $368,300 | $364,000 | $330,000 |
| Median price per sq ft | $159 | $170 | $191 |
| Median days to contract | 17 | 37 | — |
| Sell-to-list ratio | 100% | 98% | — |
| Homes sold | 15 | 19 | 7 |
| New listings | 13 | 22 | 17 |
| Went under contract | 12 | 19 | 9 |
40 photos
Single-story
26 photos
Price Cut · $5K
5+ acre lot
5+ acre lot
5+ acre lot
43 photos
Price Cut · $26K
44 photos
Price Cut · $3K
Price Cut · $7K
① Louisburg itself — the place you are on
Popular home searches in Louisburg
| Search | For sale |
|---|---|
| Luxury homes | For sale5 |
| Just listed homes | For sale3 |
| Price-reduced homes | For sale20 |
| Coming soon homes | For sale2 |
| Homes under contract | For sale28 |
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 sale36 |
| Under $400,000 | For sale44 |
| 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 | 3.2 mo | 4 | Median$370,000 | 99% | 16d | 0 | 0 |
| Starbrooke | Seller's | 3.2 mo | 5 | Median$309,279 | 102% | 20d | 0 | 15 |
| Hidden Creek | Strong Buyer's | 26 mo | 13 | Median$403,500 | — | 39d | 0 | 1 |
| City Of Louisburg | Strong Seller's | 2 mo | 1 | Median$274,000 | — | 52d | 0 | 0 |
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 | 5.4 mo | Median$292,732 | 96% | 24d | 64 | 2 | 30 |
| Paola | Balanced | 4.5 mo | Median$292,500 | 96% | 42d | 89 | 1 | 23 |
| Spring Hill | Balanced | 4.4 mo | Median$474,999 | 98% | 29d | 167 | 1 | 72 |
| Osawatomie | Buyer's | 6.1 mo | Median$205,000 | 96% | 49d | 45 | 0 | 7 |
| Bucyrus | Strong Buyer's | 10 mo | Median$971,510 | 95% | 21d | 22 | 2 | 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.