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LENEXA, KS 66227

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LENEXA, KS real estate market (66227) currently shows 133 active listings, with 48 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 82 days last year.

The median listing price has fallen 1.7% year-over-year, from $701,857 to $690,238.

Whether you are buying or selling in LENEXA, 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 Context

Market Context

Population: 8,756  ·  Density: 253.7/mi²  ·  Median household income: $129,627

Typical home value: $395,934  ·  Homeownership: 85.7%

Market Overview

Active Listings
133
⇩ 15.3% vs 157 last year
Pending
48
36% pending ratio
Median Price
$690,238
⇩ 1.7% vs $701,857 last year
Average Price
$741,230
⇧ 6.7% vs $694,733 last year
Days on Market
116
⇧ 41.5% vs 82 days last year

Price Per Square Foot

Median $/sqft
$270
⇧ 12.5% vs $240/sqft last year
Median Home Size
2,700 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 133 this year vs 157 last year
  • Days on market: 116 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $690,238 (-1.7% YoY)
  • Average: $741,230 (+6.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.6 miles — 824 listings ($504,749,903 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66227Lenexa, KS 662270.0 mi140$102,168,500$639,500$729,775
66226Shawnee, KS 662264.1 mi40$26,246,320$692,450$656,158
66061Olathe, KS 660615.3 mi356$245,255,876$639,475$688,921
66219Lenexa, KS 662195.4 mi21$11,325,216$595,000$539,296
66012Bonner Springs, KS 660126.5 mi31$14,285,761$381,213$460,831
66215Lenexa, KS 662157.1 mi38$15,505,216$406,000$408,032
66214Overland Park, KS 662148.6 mi14$5,653,438$412,475$403,817
66052Linwood, KS 660529.6 mi13$12,196,834$886,750$938,218
66210Overland Park, KS 662109.7 mi36$15,062,472$452,500$418,402
66213Overland Park, KS 6621310.4 mi40$22,927,680$551,225$573,192
66204Overland Park, KS 6620410.7 mi36$15,428,124$352,500$428,559
66112Kansas City, KS 6611211.3 mi25$7,779,650$249,925$311,186
66202Mission, KS 6620211.6 mi34$10,914,816$293,750$321,024

Frequently Asked Questions

How many homes are for sale in LENEXA, KS 66227?

As of July 2026, there are 133 active listings in LENEXA, KS (zip code 66227), compared to 157 the prior year.

What is the median home price in LENEXA, KS 66227?

The median listing price in LENEXA, KS 66227 is $690,238 as of July 2026, a 1.7% decrease from $701,857 the prior year.

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

Homes in LENEXA, KS 66227 spend an average of 116 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in LENEXA, KS 66227?

Based on current inventory and days-on-market data as of July 2026, LENEXA, KS 66227 is currently a Balanced Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LENEXA, KS 66227 save an estimated $13,805 compared to a typical 5% commission on the median listing price of $690,238. 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.