Market Intelligence · KS / Johnson County

Lenexa, KS home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$514K1-yr changeUp3.5%

The typical home value in Lenexa, KS is $514K as of September 2026, up 3.5% from a year ago, based on the Zillow Home Value Index. In the typical Lenexa ZIP code, the median list price is $649K and homes spend a median of 98 days on market as of September 2026 (Realtor.com).

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The coverage

Lenexa, by the numbers.

Typical home valueZillow ZHVI, September 2026
$514K
1-yr changeMedian across Lenexa ZIPs
+3.5%
ZIP markets live7 tracked in Lenexa
4
County
Johnson County

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12-month value trend

+3.5% over 12 months

Typical home value in Lenexa over the last 12 months: $496K in Sep 2025 to $514K in Sep 2026 (+3.5%).

Sep 2025$496K

Sep 2026$514K

Median Zillow home value index across Lenexa's ZIP codes.

Context

Lenexa's housing market is moderating after recent gains. The typical home value is $513,590, up 3.5% over the past year as of September 2026. The median list price stands at $649,119, while homes are spending a median 98 days on market. There are 181 homes for sale with 58 new listings, and 14.1% of listings have seen a price cut. For homeowners considering a sale, the longer time on market and rising share of price reductions suggest this is a buyer's market now, not the seller's advantage of years past.

The numbers

What is the housing market like in Lenexa, KS?

Typical home value

$514K

Up3.5%YoY

Median list price

$649K

Days on market

98

Homes for sale

181

Price cuts

14.1%

New listings

58

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lenexa's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lenexa, KS home prices over time

Typical home values in Lenexa, KS are up 3.5% over the past year, from $496K in September 2025 to $514K in September 2026.

Typical home value in Lenexa, KS, September of each year
MonthTypical value1-yr change
September 2026$513,590+3.5%
September 2025$496,009No prior year

Typical value is the median Zillow Home Value Index across Lenexa ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lenexa, KS a buyer's or seller's market?

Lenexa, KS leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 98 days on market and 14% of listings with a price cut in the typical Lenexa ZIP code, and 58 new listings against 181 active listings across Lenexa, as of September 2026 (Realtor.com).

The outlook

Lenexa housing market forecast 2027

+2.7%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Lenexa ZIP codes, points to typical home values rising 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in Lenexa rose 3.5%, per the Zillow Home Value Index.

Will home prices drop in Lenexa?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Lenexa shows typical home values rising 2.7% by September 2027, after a 3.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Lenexa ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Lenexa?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 7 Lenexa ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Lenexa, KS home prices.

What is the typical home value in Lenexa?

As of September 2026, the typical home value in Lenexa is $513,590, which is up 3.5% over the past year.

How long do homes typically stay on the market in Lenexa?

The median days on market is 98 as of September 2026, indicating homes are taking longer to sell compared to faster-moving markets.

What share of Lenexa listings have price cuts?

As of September 2026, 14.1% of listings in Lenexa have a price cut, suggesting some sellers are adjusting expectations in response to market conditions.

Are home prices going up or down in Lenexa, KS?

Typical home values in Lenexa, KS are up 3.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lenexa, KS a buyer's or seller's market?

Lenexa, KS leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 98 days on market and 14% of listings with a price cut in the typical Lenexa ZIP code, and 58 new listings against 181 active listings across Lenexa, as of September 2026 (Realtor.com).

Nearby markets

More Kansas housing markets.

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