With only 1.8 months of inventory, Lenexa remains a seller's market. Home prices have increased 53.2% in the past month alone. At the current pace, all available homes in Lenexa would sell out in just 1.8 months, indicating a continued supply shortage. Homes are taking about 37 days to sell, which is 6 days longer than this time last year. A significant 29.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Affordability remains a significant challenge in the Lenexa market with the affordability index at 45.9. Based on current market indicators, home prices in Lenexa are projected to decrease by approximately 18.4% over the next month.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A