Homes Under $400K for Sale in Lenexa, KS
· 32 homes fit this search32 homes fit this search · Sorted by Newest Listed
About Homes Under $400K in Lenexa, KS
Lenexa, KS has 32 homes under $400k for sale right now, with a median list price of $339,975. These homes under $400k were built between 1948 and 2011. Most are between 1,152 and 2,138 square feet.
Housing market trends in Lenexa, KS (all homes)
204
Homes for sale in Lenexa · 12 coming soon
$602,475
Median list price
18 days
Median days to contract
3.26 mo
Months of supply
| Measure | Sep 2026 | Aug 2026 | Sep 2025 |
|---|---|---|---|
| Median sale price | $485,500 | $552,000 | $483,000 |
| Median price per sq ft | $213 | $210 | $212 |
| Median days to contract | 22 | 19 | 12 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 48 | 69 | 54 |
| New listings | 74 | 72 | 56 |
| Went under contract | 48 | 59 | 45 |
39 photos
Price Cut · $15K
40 photos
Price Cut · $14K
26 photos
Price Cut · $25K
30 photos
Price Cut · $5K
55 photos
Vaulted ceilings
42 photos
Price Cut · $18K
46 photos
Price Cut · $30K
2+ acre lot
① Lenexa itself — the place you are on
Popular home searches in Lenexa
| Search | For sale |
|---|---|
| Open houses | For sale40 |
| Luxury homes | For sale12 |
| Just listed homes | For sale14 |
| Price-reduced homes | For sale67 |
| Coming soon homes | For sale12 |
| Homes under contract | For sale83 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Lenexa
| Price range | For sale |
|---|---|
| Under $300,000 | For sale13 |
| Under $400,000 | For sale32 |
| Under $500,000 | For sale52 |
| Under $600,000 | For sale100 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
② Its neighborhoods — one step out
Nearby neighborhoods to Lenexa
| Neighborhood | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | For sale | Median sale | Sell-to-list | Days to contract | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Four Colonies | Seller's ▼ | 3.4 mo | 8 | Median$267,500 | 99% | 14d | 2 | 2 |
| The Timbers at Clear Creek | Seller's | 2.1 mo | 5 | Median$684,175 | 101% | 18d | 0 | 1 |
| Bristol Highlands | Seller's | 3.3 mo | 6 | Median$540,750 | 98% | 10d | 0 | 6 |
| The Cedars | Strong Seller's ▼ | 1 mo | 2 | Median$460,000 | 102% | 19d | 0 | 4 |
| WaterCrest Landing | Strong Buyer's | 8.6 mo | 15 | Median$809,950 | 101% | 71d | 0 | 2 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.
③ Nearby cities — two steps out
Search homes nearby Lenexa
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Lenexa | Seller's | 3 mo | Median$604,950 | 98% | 21d | 204 | 12 | 80 |
| Overland Park | Seller's | 2.3 mo | Median$741,678 | 101% | 16d | 506 | 35 | 316 |
| Olathe | Seller's | 3.1 mo | Median$624,950 | 99% | 18d | 560 | 27 | 282 |
| Shawnee | Seller's | 2.5 mo | Median$535,000 | 100% | 16d | 187 | 14 | 98 |
| Leawood | Seller's | 3 mo | Median$925,000 | 99% | 18d | 143 | 13 | 64 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.