Leawood, KS—66224
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Leawood, KS
As of Oct '25, the median home price in Leawood, KS is $780,000, with a year-over-year change of 2.0%. This indicates that home prices in Leawood, KS are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $780,000 | 2.0% |
| Single Family | $780,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $404,000 | 2.8% |
3 Bed | $606,000 | 2.5% |
4 Bed | $730,000 | 3.0% |
| 5 Bed | $959,000 | 3.1% |
% of Housing Stock
Rental Trends — Leawood, KS
As of July '25, Rentcast reports the average rent in Leawood, KS is $3,340, with a year-over-year rent change of -15.7%. Per bedroom, the median rent as of July '25 in Leawood, KS is 1-bedrooms: $1,110. The most common rental property sizes in Leawood, KS are 2-bedroom and 1-bedroom, accounting for 56.9% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $3,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,110 | $1,110 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Leawood, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Leawood, KS is 47. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $811,000 | -6.0% |
Listing Count | 116 | 4.0% |
| Listings as % of Homes | 1.5% | 4.0% |
Days on Market | 47 | -22.0% |
Demographics — Leawood, KS
As of the latest ACS Survey released in 2023, Leawood, KS has a population of 12,200, which has decreased by -12.7% over the past 5 years. Leawood, KS is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 72.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | -12.7% |
% Under 18 | 22.6% | -25.4% |
% Seniors | 16.3% | 49.5% |
% WFH | 25.7% | 99.2% |
% w/ College Degree | 72.9% | -3.1% |
As of the latest ACS Survey released in 2023, Leawood, KS is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Leawood, KS is asian, making up 17.0% of the population. Foreign-born residents account for 13.1% of the population in Leawood, KS, and this percentage has increased by 35.1% 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 | 74.8% | -11.2% |
% Black | 2.3% | 76.9% |
% Hispanic | 4.0% | 14.3% |
% Asian | 17.0% | 112.5% |
% Foreign Born | 13.1% | 35.1% |
Mortgage and Risk — Leawood, KS
According to HUD data as of 2023, there were 58 mortgage originations in Leawood, KS, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Leawood, KS. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Leawood, KS
Leawood, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $600 | $1,110 | $1,710 |
| 2 Bedroom | N/A | N/A | $1,940 |
| 3 Bedroom | N/A | N/A | $2,530 |
| 4 Bedroom | N/A | N/A | $2,990 |
Affordability — Leawood, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $780,000 |
| Median Household Income | $185,000 |