Lenexa, KS Home Values & Market Trends

Real estate market trends reflect that there have been 699 transactions over the past year in Lenexa. The median value for residential home transactions that occurred over the previous year is $413,937.97. The number of current listings in Lenexa is 98, and the percentage of properties for sale in the city is 98.00%. Lenexa, KS currently has 7 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 98 properties for sale.

Lenexa, KS Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
66227

$ 573,000

$ 211/sqft

66219

$ 475,476

$ 193/sqft

66220

$ 538,125

$ 139/sqft

66250

$ --

$ --

66215

$ 373,013

$ 157/sqft

Housing Market Summary for Lenexa, KS

Apr 2023March 2024Change
Median Listing Price$492.4K$419.9K-14.72%
Median Sold Price$394.4K$419.9K6.47%
Homes For Sale88946.82%
Homes Sold406390-3.94%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lenexa, KS

Lenexa home values range from $19,453 to $32,706,991. The median estimated value of a home in Lenexa is $413,937.97. The median list price of a home is 553,112.5, and the total count of properties in the city is 15,791.

Foreclosure
There are 5 zips within Lenexa, KS; within these zips, the median estimated home value for homes in foreclosure ranges from $351,011 in 66215 to the lowest value of $201,100 in 66215. Foreclosure homes account for 0.00% of properties in Lenexa, KS with 66215 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Lenexa, KS with 66215 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Lenexa, KS; of those zips, the estimated home value for pre-foreclosure homes ranges from $465,112 in 66219 to the lowest home value of $201,100 in 66215.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lenexa, KS ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lenexa, KS. There are 5 zips within Lenexa, KS; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lenexa, KS. Auction homes and other auction properties account for 0% of all properties in Lenexa, KS. There are 5 zips within Lenexa, KS; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.62% of residential properties in Lenexa, KS with 66227 containing 40 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Lenexa, KS; homes for sale in those zips, have a range of median values from $552,600 in 66219 to the lowest value of $157,554 in 66227.
    Sold Homes
    The median value for recently sold homes ranges from $1,138,797 in 66227 to the lowest price of $152,310 in 66227. There are 5 zips within Lenexa, KS. 66215 has 189 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.51% of properties in Lenexa, KS.

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      Guide for Lenexa, KS

      Market Reports
      Topeka Real Estate Soars with 28% Value Spike Amid Surrounding Cities’ Varied Market Trends
      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Topeka Real Estate Soars with 28% Value Spike Amid Surrounding Cities’ Varied Market Trends
      Market Reports|posted 23 April 2024

      Topeka, Kansas’ rising real estate market has grown from 2023 to 2024: property value has increased with sales volume fluctuations. See out price comparisons with neighboring cities which reveals a dynamic, albeit volatile, market with strong investment potentials.

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Lenexa, KS

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