Market Intelligence · KS / Lenexa

Lenexa, KS 66227 Housing Market

A typical home in Lenexa, KS 66227 is worth $561,506, up 3.6% over the past year. The median list price stands at $697,475, with homes taking a median of 165 days to sell.

Updated August 2026Median value$564K

The median home value in Lenexa, KS 66227 is $564K as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 66227 range

$519K 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

+3.3% over 12 months

Typical home value in 66227 over the last 12 months: $546K in Aug 2025 to $564K in Aug 2026 (+3.3%).

Aug 2025$546K

Aug 2026$564K

The numbers

What is the 66227 housing market like?

Typical home value

$564K

Up3.3%YoY

Median list price

$697K

Up1.0%MoM

Days on market

165

Up42.2%MoM

Homes for sale

72

Down15.3%MoM

Price cuts

17.0%

Up214.5%MoM

New listings

12

Down40.0%MoM

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

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The comparison

How do 66227 home prices compare?

  • 66227$563,674
  • Lenexa$514,996
  • Kansas$180,545
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lenexa: 4 ZIPs; Kansas: 516 ZIPs; United States: 26,265 ZIPs).

Context

The 72 homes currently for sale in this ZIP reflect a slowly moving market. Just 12 new listings came on in the latest period, suggesting limited supply. Nearly 17.0% of active listings carry a price cut, indicating sellers are adjusting to market realities. With homes staying on the market for 165 days, patience is required. If you're thinking about selling, expect this to be a slower process than historical norms.

Monthly payment

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20% · $112,735

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