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RILEY, KS 66531

Real Estate Market Report  ·  Riley County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 16.7% vs 6 last year
Pending
4
57% pending ratio
Median Price
$239,900
⇧ 12.5% vs $213,250 last year
Average Price
$268,967
⇧ 27% vs $211,792 last year
Days on Market
37
⇩ 19.6% vs 46 days last year

Market Context

Population: 1,425  ·  Density: 15.6/mi²  ·  Median household income: $74,492

Typical home value: $189,484  ·  Homeownership: 92.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RILEY, KS real estate market (66531) currently shows 7 active listings, with 4 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 46 days last year.

The median listing price has risen 12.5% year-over-year, from $213,250 to $239,900.

Whether you are buying or selling in RILEY, KS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 6 last year
  • Days on market: 37 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $239,900 (+12.5% YoY)
  • Average: $268,967 (+27% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.5 miles — 441 listings ($139,456,483 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66531Riley, KS 665310.0 mi7$1,882,769$239,900$268,967
66503Manhattan, KS 665038.6 mi79$35,162,110$352,000$445,090
66520Olsburg, KS 6652013.5 mi1$1,872,500$1,872,500$1,872,500
67487Wakefield, KS 6748715.6 mi8$2,276,000$220,000$284,500
66502Manhattan, KS 6650220.1 mi125$42,378,250$307,000$339,026
66441Junction City, KS 6644122.8 mi151$35,500,855$214,450$235,105
66933Barnes, KS 6693324.9 mi1$650,000$650,000$650,000
66548Waterville, KS 6654825.5 mi3$352,899$99,000$117,633
67431Chapman, KS 6743126.2 mi3$653,901$269,950$217,967
66547Wamego, KS 6654728.9 mi21$7,944,699$317,450$378,319
67482Talmage, KS 6748230.1 mi1$62,500$62,500$62,500
67410Abilene, KS 6741032.2 mi39$10,576,800$189,900$271,200
67466Miltonvale, KS 6746634.5 mi2$143,200$89,900$71,600

Frequently Asked Questions

How many homes are for sale in RILEY, KS 66531?

As of January 2026, there are 7 active listings in RILEY, KS (zip code 66531), compared to 6 the prior year.

What is the median home price in RILEY, KS 66531?

The median listing price in RILEY, KS 66531 is $239,900 as of January 2026, a 12.5% increase from $213,250 the prior year.

How long do homes stay on the market in RILEY, KS?

Homes in RILEY, KS 66531 spend an average of 37 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in RILEY, KS 66531?

Based on current inventory and days-on-market data as of January 2026, RILEY, KS 66531 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 46 days last year.

How much can I save on real estate commission in RILEY, KS?

With SELL123.com's maximum 3% commission, sellers in RILEY, KS 66531 save an estimated $4,798 compared to a typical 5% commission on the median listing price of $239,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.