Can Leawood buyers handle 7.38% mortgage rates? See 5 homes with a price cut
Can Leawood buyers handle 7.38% mortgage rates? According to HousingWire, the 30-year average sat at 7.38% on Oct. 27, and rates stayed above 7%. Purchase applications fell for a seventh straight week. Activity ran 18% below last year's pace as the Fed's Oct. 28 meeting neared. So what does that mean for Leawood? The market is still big. There are 126 homes in the feed, with 112 for sale and 14 coming soon. The median price is $937,500. And 16 homes sit above $2 million. Below are five homes with a price cut this month, the biggest cuts first. A lower asking price can help a buyer who feels the pinch of higher rates. Each home is credited to its listing brokerage. Look them over, then run your own numbers. The Spradling Group, powered by HouseLoop. Brokered by eXp Realty.
Closer to home
5 Leawood homes with a price cut this month
Every home shown here is credited to its listing brokerage.
99 photosPrice Cut · $300K
93 photosPrice Cut · $240K
80 photosPrice Cut · $225K
79 photosPrice Cut · $220K
38 photosPrice Cut · $130K
Frequently asked questions
What is the news behind this?
According to HousingWire, Mortgage rates stayed above 7% on Oct. 27, putting the 30-year average at 7.38% as purchase applications fell for a seventh straight week.
What is the most expensive home for sale in Leawood?
The highest list price among current homes in Leawood is $6,500,000, as of today's feed.
What is the median list price in Leawood?
The median list price of homes for sale in Leawood is about $937,500.
How many homes are for sale in Leawood?
126 homes are listed in Leawood right now: 112 for sale and 14 coming soon.
Where does the listing data come from?
Listing data comes from Heartland MLS and updates continuously. Every home is credited to its listing brokerage.
What is HouseLoop?
HouseLoop is a home search for the Kansas City metro. See every photo, ask Myli about any home and request a tour in one tap at houseloop.ai.
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See all 126 homes in Leawood →Celebrity estate coverage is editorial. Listed by ReeceNichols - Country Club Plaza. Local listing brokerages credited above. Listings courtesy of Heartland MLS as distributed by MLS GRID.
