Lenexa, KS—66219
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lenexa, KS
As of Oct '25, the median home price in Lenexa, KS is $447,000, with a year-over-year change of 4.1%. This indicates that home prices in Lenexa, KS are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | 4.1% |
| Single Family | $449,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $371,000 | 4.5% |
4 Bed | $456,000 | 4.3% |
| 5 Bed | $539,000 | 1.7% |
% of Housing Stock
Rental Trends — Lenexa, KS
As of July '25, Rentcast reports the average rent in Lenexa, KS is $1,750, with a year-over-year rent change of -21.9%. Per bedroom, the median rent as of July '25 in Lenexa, KS is studios: $1,440, 1-bedrooms: $1,310, 3-bedrooms: $3,900, 4-bedrooms: $3,110. The most common rental property sizes in Lenexa, KS are 1-bedroom and 2-bedroom, accounting for 47.8% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,750 |
| Studio Rent | $1,420 | $1,440 |
| 1 Bed Rent | $1,330 | $1,310 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,900 | $3,900 |
| 4 Bed Rent | $3,000 | $3,110 |
% of Rental Stock
Property Listings — Lenexa, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Lenexa, KS is 160. This is a increase of 236.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | 17.0% |
Listing Count | 29 | 98.0% |
| Listings as % of Homes | 0.2% | 98.0% |
Days on Market | 160 | 236.0% |
Demographics — Lenexa, KS
As of the latest ACS Survey released in 2023, Lenexa, KS has a population of 13,400, which has increased by 9.8% over the past 5 years. Lenexa, KS is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 54.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | 9.8% |
% Under 18 | 18.6% | -11.0% |
% Seniors | 11.8% | 29.7% |
% WFH | 20.4% | 229.0% |
% w/ College Degree | 54.8% | -12.7% |
As of the latest ACS Survey released in 2023, Lenexa, KS is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Lenexa, KS is hispanic, making up 11.2% of the population. Foreign-born residents account for 6.1% of the population in Lenexa, KS, and this percentage has increased by 13.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.3% | -4.6% |
% Black | 4.2% | -44.7% |
% Hispanic | 11.2% | 173.2% |
% Asian | 4.8% | 11.6% |
% Foreign Born | 6.1% | 13.0% |
Mortgage and Risk — Lenexa, KS
According to HUD data as of 2023, there were 169 mortgage originations in Lenexa, KS, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Lenexa, KS. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lenexa, KS
Lenexa, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,330 | $1,420 |
| 2 Bedroom | N/A | N/A | $1,620 |
| 3 Bedroom | -$1,790 | $3,900 | $2,110 |
| 4 Bedroom | -$500 | $3,000 | $2,500 |
Affordability — Lenexa, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $447,000 |
| Median Household Income | $91,100 |