Is Lenexa, KS 66220 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lenexa is a seller’s market. With about 1.4 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score73/ 100

More competitive than 77% of U.S. ZIP codes, and #38 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.4Under 4 months = seller’s market
Sold above original list30%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$212▲ +1.6% vs. last year

The Lenexa housing market right now

In the three months ending August 31, 2026, 30% of homes in Lenexa, KS 66220 sold above their list price, the typical home went under contract in 26 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 62 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 41%, homes sold faster (28 days then) and the median sale price rose 6% to $679,706. Overall, Lenexa is less competitive than a year ago, which gives buyers more room.

Within Johnson County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Lenexa ranks #38 of 122 KS ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Leawood 66211 (15% sold over asking), while Shawnee 66203 (64% sold over asking) and Overland Park 66213 (62% sold over asking) are even more competitive.

Nearby markets

De Soto 66018Seller’s market $207 /sq ftEdgerton 66021Seller’s market $219 /sq ftGardner 66030Seller’s market $200 /sq ftLeawood 66206Seller’s market $289 /sq ft Browse all markets →

Where Lenexa is

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Questions about Lenexa real estate

Is Lenexa a buyer’s or seller’s market?

A seller’s market: there were 1.4 months of supply in Lenexa, KS 66220 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lenexa?

The typical home went under contract in 26 days in the latest three months.

Do homes in Lenexa sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Lenexa?

About 1.14% of a home’s value a year in Johnson County, or roughly $4,560 on a $400,000 home.

What is the median home price in Lenexa?

The median sale price was $679,706 in the three months ending August 31, 2026, about $212 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology