Homes Under $400K for Sale in Grain Valley, MO
· 45 homes fit this search45 homes fit this search · Sorted by Newest Listed
About Homes Under $400K in Grain Valley, MO
Grain Valley, MO has 45 homes under $400k for sale right now, with a median list price of $345,000. These homes under $400k were built between 1910 and 2024. Most are between 1,098 and 2,416 square feet.
Housing market trends in Grain Valley, MO (all homes)
As of Oct 26, 2026, Grain Valley, MO: 67 homes for sale · 8 new in the last 7 days · median asking $355,000 · 26 price reductions · a median of 15 days to contract. 19 homes closed in the last 30 days, at a median of $362,500. At the pace of the last 90 days that is 3.15 months of supply. Inventory is up 17.2% from four weeks ago.
72
Homes for sale in Grain Valley · 4 coming soon
$355,000
Median list price
15 days
Median days to contract
3.15 mo
Months of supply
| Measure | Sep 2026 | Aug 2026 | Sep 2025 |
|---|---|---|---|
| Median sale price | $360,000 | $330,500 | $285,000 |
| Median price per sq ft | $173 | $182 | $167 |
| Median days to contract | 34 | 16 | 16 |
| Sell-to-list ratio | 100% | 98% | 100% |
| Homes sold | 18 | 18 | 23 |
| New listings | 32 | 25 | 28 |
| Went under contract | 15 | 22 | 19 |
21 photos
Price Cut · $1K
40 photos
Price Cut · $11K
18 photos
107 days
32 photos
Brick exterior
21 photos
Brick exterior
20 photos
Brick accent
23 photos
116 days
144 days
① Grain Valley itself — the place you are on
Popular home searches in Grain Valley
| Search | For sale |
|---|---|
| Open houses | For sale2 |
| Luxury homes | For sale3 |
| Just listed homes | For sale8 |
| Price-reduced homes | For sale26 |
| Coming soon homes | For sale4 |
| Homes under contract | For sale15 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Grain Valley
| Price range | For sale |
|---|---|
| Under $200,000 | For sale1 |
| Under $300,000 | For sale15 |
| Under $400,000 | For sale45 |
| Under $500,000 | For sale54 |
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 Grain Valley
| 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 |
|---|---|---|---|---|---|---|---|---|
| Rosewood Hills | Strong Seller's | 1.5 mo | 3 | Median$395,000 | 99% | 10d | 1 | 0 |
| Woodbury | Seller's | 3.7 mo | 4 | Median$445,000 | 95% | 31d | 0 | 1 |
| Countryside at Sni-A-Bar | Strong Seller's | 1.5 mo | 1 | Median$310,500 | — | 21d | 0 | 0 |
| Farmington Acres | Strong Seller's | 2 mo | 1 | Median$318,000 | — | 26d | 1 | 0 |
| Cross Creek | Strong Seller's | 1.7 mo | 1 | Median$317,000 | — | 32d | 0 | 0 |
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 Grain Valley
| 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 |
|---|---|---|---|---|---|---|---|---|
| Grain Valley | Seller's | 3.1 mo | Median$350,000 | 100% | 20d | 72 | 4 | 16 |
| Kansas City | Seller's | 4 mo | Median$260,000 | 100% | 21d | 2,222 | 102 | 837 |
| Independence | Seller's | 3.3 mo | Median$223,500 | 99% | 20d | 449 | 18 | 165 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 20d | 436 | 29 | 210 |
| Blue Springs | Seller's | 2.7 mo | Median$390,000 | 99% | 18d | 209 | 10 | 119 |
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.