Market Intelligence · KS / Lenexa

Lenexa, KS 66227 Housing Market

In Lenexa, KS 66227, the typical home value is $563,435, up 3.0% over the past year as of September 2026. The median list price is $698,238, and homes have a median days on market of 162.

Updated September 2026Median value$563K

The median home value in Lenexa, KS 66227 is $563K as of September 2026, up 3.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 66227 range

$518K to $609K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.0% over 12 months

Sep 2025$547K

Low $547KHigh $563K

Sep 2026$563K

The numbers

What is the 66227 housing market like?

As of September 2026

Typical home value

$563K

3.0%YoY

Median list price

$698K

0.1%MoM

Days on market

162

1.8%MoM

Homes for sale

1.4%MoM

Price cuts

6.5%

61.9%MoM

New listings

66.7%MoM

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

The outlook

66227 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 66227 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 66227 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 66227?

Zillow's forecast does not call for a drop: it expects typical home values in 66227 to rise 2.8% by September 2027, after a 3.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 66227 home prices compare?

66227$563,435
Lenexa$513,590
Kansas$176,322
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lenexa: 4 ZIPs; Kansas: 516 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Lenexa, KS 66227 has 73 homes for sale, with 20 new listings entering the market. The median list price is $698,238, while the typical home value is $563,435, up 3.0% over the past year. The median days on market is 162, so buyers have time to compare options. Only 6.5% of listings show a price cut, which suggests many sellers are holding firm even with slow movement. A seller should expect pricing discipline to matter more than speed.

Monthly payment

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Home price

Down payment20% · $112,687

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Common questions

What people ask us.

How much is a home in 66227 worth?

The typical home value in Lenexa, KS 66227 is $563,435 as of September 2026, up 3.0% over the past year.

Are homes selling quickly in 66227?

Not especially. The median days on market is 162 as of September 2026, and there are 73 homes for sale.

Are sellers cutting prices in 66227?

Price cuts are limited, with 6.5% of listings showing a reduction as of September 2026. The median list price is $698,238.

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