Greeley County

Home values in Greeley County have fallen 2.6% from their April peak, sliding to $145,325 as of late June—the second consecutive monthly decline after reaching $149,133 in mid-April. The pullback follows an initial climb from a March low of $143,307, suggesting the recent peak may not hold.

The deterioration is more pronounced when measured against the broader state. Greeley County home values dropped 11.1% year-over-year, while Kansas overall gained 4.1%—a 15.2 percentage point gap that places the county's housing market in sharp contrast to neighbors and the state trend. The county's home values remain lower than surrounding areas, raising questions about whether local conditions are driving unique market stress or dampening demand.

The combination of consecutive monthly declines and a significant YoY underperformance suggests housing conditions warrant close monitoring in a county of just 1,296 residents. Local reporters should investigate what economic or demographic factors are depressing home values in Greeley County relative to the state, and whether the recent peak represents a temporary correction or the start of a sustained downturn.