Market Overview
Home Prices in Lenexa, KS
The median home value in Lenexa, KS is $487,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lenexa are priced19% above average. Lenexa is part of the Kansas City, MO-KS metro area.
Over the past five years, Lenexa home values have risen by approximately28.8%, reflecting strong long-term appreciation in this market.
Price History
Lenexa Home Price Trend
City Comparison
Lenexa vs. National Median
At $487,610, homes in Lenexa cost 19% above the national median of $410,000. Buyers in Lenexa should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lenexa?
20% Down Payment
$97,522
on $487,610
Monthly P&I
$2,543/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,230/mo
incl. taxes & insurance
Income Needed
$129,200
gross annual (30% rule)
10% Down Option
$48,761
+ PMI applies
Loan Amount (20% dn)
$390,088
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lenexa, KS?
The median home value in Lenexa is $487,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Lenexa?
Over the past year, home values in Lenexa have increased by 4.4%. Over five years, prices have risen approximately 28.8%.
How much do I need to earn to buy a home in Lenexa?
To comfortably afford the median home price of $487,610 with a 20% down payment ($97,522) at today's rates (6.8%), you'd need a gross annual income of approximately $129,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Lenexa compare to the national average home price?
The national median home value is approximately $410,000. At $487,610, homes in Lenexa are 19% above the national average.
What metro area is Lenexa part of?
Lenexa is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.