Homes Under $500K for Sale in Shawnee, KS
· 75 homes fit this search75 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Shawnee, KS
Shawnee, KS has 75 homes under $500k for sale right now, with a median list price of $365,000. These homes under $500k were built between 1910 and 2026. Most are between 1,170 and 2,638 square feet.
Housing market trends in Shawnee, KS (all homes)
167
Homes for sale in Shawnee · 15 coming soon
$564,000
Median list price
16 days
Median days to contract
2.02 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $415,000 | $406,000 | $443,418 |
| Median price per sq ft | $190 | $191 | $195 |
| Median days to contract | 18 | 17 | 12 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 68 | 82 | 78 |
| New listings | 90 | 100 | 89 |
| Went under contract | 73 | 80 | 63 |
16 photos
Price Cut · $20K
Cul-de-sac
Cul-de-sac
28 photos
Price Cut · $15K
27 photos
Price Cut · $20K
22 photos
Price Cut · $30K
33 photos
Price Cut · $25K
33 photos
Price Cut · $40K
① Shawnee itself — the place you are on
Popular home searches in Shawnee
| Search | For sale |
|---|---|
| Open houses | For sale10 |
| Luxury homes | For sale17 |
| Just listed homes | For sale17 |
| Price-reduced homes | For sale50 |
| Coming soon homes | For sale15 |
| Homes under contract | For sale101 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Shawnee
| Price range | For sale |
|---|---|
| Under $200,000 | For sale4 |
| Under $300,000 | For sale18 |
| Under $400,000 | For sale52 |
| Under $500,000 | For sale75 |
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 Shawnee
| 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 |
|---|---|---|---|---|---|---|---|---|
| Canyon Lakes | Strong Buyer's ▲ | 10.6 mo | 23 | Median$720,475 | 101% | 16d | 0 | 4 |
| Shawnee Village | Strong Seller's | 1.8 mo | 3 | Median$266,500 | 102% | 12d | 1 | 0 |
| Bristol Highlands | Balanced | 5.1 mo | 15 | Median$1,108,000 | 111% | 66d | 0 | 13 |
| Lakepointe | Strong Seller's | 0.6 mo | 1 | Median$455,000 | 100% | 23d | 0 | 0 |
| Lakeview Est | Strong Seller's | 1.7 mo | 2 | Median$543,500 | 99% | 14d | 0 | 1 |
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 Shawnee
| 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 |
|---|---|---|---|---|---|---|---|---|
| Shawnee | Seller's | 2.4 mo | Median$560,000 | 100% | 16d | 182 | 15 | 101 |
| Overland Park | Seller's | 2.3 mo | Median$747,182 | 101% | 16d | 510 | 44 | 317 |
| Olathe | Seller's | 3 mo | Median$625,355 | 99% | 18d | 555 | 32 | 283 |
| Lenexa | Seller's | 2.8 mo | Median$625,905 | 98% | 21d | 195 | 14 | 90 |
| Leawood | Seller's | 2.9 mo | Median$937,500 | 100% | 18d | 139 | 13 | 63 |
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.