Why Live in El Dorado
First settled in the 1850s, El Dorado earned its Spanish name, meaning “The golden land,” for its beautiful scenery in the Kansas Flint Hills. The significance of that name was reinforced when the community struck “black gold” in 1915 with the discovery of oil. At one point, 9% of the country’s petroleum products came from El Dorado at HollyFrontier Sinclair Corporation’s oil refinery. Today, the refinery stands as the economic backbone of the community, employing around 400 people in a city where the population has fluctuated between 10,000 and 13,000 since the refinery opened. While oil plays a significant factor in keeping El Dorado running, the city is also known for its downtown Main Street and events that create a close community bond. “It’s a business-friendly community with welcoming and neighborly people who look out for each other,” says Greg Mudd, executive director of El Dorado Chamber of Commerce. “It’s no Podunk. It’s not like we’re riding around on horse and buggies. But you really sink into that small town, old-time feel very quickly.”
The cost of living in El Dorado, the county seat of Butler County, is 15% lower than the national average. That reason alone makes
Home Trends in El Dorado, KS
On average, homes in El Dorado, KS sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in El Dorado, KS over the last 12 months is $135,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$135,000
Median Single Family Sale Price
$172,250
Average Price Per Sq Ft
$126
Number of Homes for Sale
49
Last 12 months Home Sales
259
Median List Price
$172,250
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-9%