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LENEXA, KS 66227

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LENEXA, KS real estate market (66227) currently shows 140 active listings, with 42 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 119 days on market compared to 135 days last year.

The median listing price has fallen 11.1% year-over-year, from $719,463 to $639,500.

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
140
⇩ 4.8% vs 147 last year
Pending
42
30% pending ratio
Median Price
$639,500
⇩ 11.1% vs $719,463 last year
Average Price
$729,775
⇧ 8.7% vs $671,383 last year
Days on Market
119
⇩ 11.9% vs 135 days last year

Price Per Square Foot

Median $/sqft
$253
⇧ 5.4% vs $240/sqft last year
Median Home Size
2,685 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 147 last year
  • Days on market: 119 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $639,500 (-11.1% YoY)
  • Average: $729,775 (+8.7% 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 — 762 listings ($471,785,636 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66227Lenexa, KS 662270.0 mi141$100,433,031$636,663$712,291
66226Shawnee, KS 662264.1 mi37$23,279,660$652,450$629,180
66061Olathe, KS 660615.3 mi333$233,970,129$644,950$702,613
66219Lenexa, KS 662195.4 mi21$11,776,716$597,000$560,796
66012Bonner Springs, KS 660126.5 mi29$12,840,881$350,000$442,789
66215Lenexa, KS 662157.1 mi32$12,464,384$399,000$389,512
66214Overland Park, KS 662148.6 mi18$7,339,356$402,500$407,742
66052Linwood, KS 660529.6 mi12$11,627,700$899,000$968,975
66210Overland Park, KS 662109.7 mi27$10,665,000$445,000$395,000
66213Overland Park, KS 6621310.4 mi25$13,786,675$554,975$551,467
66204Overland Park, KS 6620410.7 mi30$13,331,940$350,000$444,398
66112Kansas City, KS 6611211.3 mi32$9,791,264$249,950$305,977
66202Mission, KS 6620211.6 mi25$10,478,900$322,500$419,156

Frequently Asked Questions

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

As of February 2026, there are 140 active listings in LENEXA, KS (zip code 66227), compared to 147 the prior year.

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

The median listing price in LENEXA, KS 66227 is $639,500 as of February 2026, a 11.1% decrease from $719,463 the prior year.

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

Homes in LENEXA, KS 66227 spend an average of 119 days on the market before going under contract, compared to 135 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 February 2026, LENEXA, KS 66227 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 119 days on market compared to 135 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 $12,790 compared to a typical 5% commission on the median listing price of $639,500. 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.