Homes Under $500K for Sale in Grain Valley, MO
· 53 homes fit this search53 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Grain Valley, MO
Grain Valley, MO has 53 homes under $500k for sale right now, with a median list price of $349,000. These homes under $500k were built between 1910 and 2026. Most are between 1,098 and 2,530 square feet.
Housing market trends in Grain Valley, MO (all homes)
64
Homes for sale in Grain Valley · 2 coming soon
$349,950
Median list price
20 days
Median days to contract
3.26 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $350,000 | $360,000 | $310,000 |
| Median price per sq ft | $181 | $173 | $164 |
| Median days to contract | 21 | 34 | 8 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 23 | 18 | 17 |
| New listings | 26 | 31 | 28 |
| Went under contract | 11 | 14 | 16 |
41 photos
5+ acre lot
22 photos
2+ acre lot
34 photos
Price Cut · $39K
49 photos
Price Cut · $30K
9 photos
1+ acre lot
① Grain Valley itself — the place you are on
Popular home searches in Grain Valley
| Search | For sale |
|---|---|
| Open houses | For sale4 |
| Luxury homes | For sale3 |
| Price-reduced homes | For sale24 |
| Coming soon homes | For sale2 |
| Homes under contract | For sale14 |
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 sale2 |
| Under $300,000 | For sale14 |
| Under $400,000 | For sale44 |
| Under $500,000 | For sale53 |
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 mo | 2 | Median$390,000 | 98% | 10d | 1 | 1 |
| Woodbury | Seller's | 3 mo | 3 | Median$440,000 | 93% | 30d | 0 | 1 |
| Countryside at Sni-A-Bar | Strong Seller's | 1.7 mo | 1 | Median$321,000 | — | 21d | 0 | 0 |
| Cross Creek | Strong Seller's | 1.7 mo | 1 | Median$317,000 | — | 32d | 0 | 0 |
| Valley Subdivision | Strong Seller's | 1.7 mo | 1 | Median$400,000 | — | 16d | 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 | 2.9 mo | Median$349,000 | 100% | 20d | 66 | 2 | 15 |
| Kansas City | Seller's | 3.9 mo | Median$259,500 | 100% | 21d | 2,182 | 88 | 765 |
| Independence | Seller's | 3.3 mo | Median$220,000 | 99% | 20d | 441 | 11 | 161 |
| Lee's Summit | Seller's | 3 mo | Median$500,000 | 98% | 19d | 432 | 19 | 222 |
| Blue Springs | Seller's | 2.7 mo | Median$389,000 | 99% | 18d | 214 | 11 | 111 |
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.