Homes Under $400K for Sale in Lake Lotawana, MO
· 17 homes fit this search17 homes fit this search · Sorted by Newest Listed
About Homes Under $400K in Lake Lotawana, MO
Lake Lotawana, MO has 17 homes under $400k for sale right now, with a median list price of $271,950. These homes under $400k were built between 1962 and 2026. Most are between 1,080 and 1,453 square feet.
Housing market trends in Lake Lotawana, MO (all homes)
As of Oct 22, 2026, Lake Lotawana, MO: 41 homes for sale · 3 new in the last 7 days · median asking $479,900 · 16 price reductions · a median of 33 days to contract. 5 homes closed in the last 30 days, at a median of $567,500. At the pace of the last 90 days that is 8.36 months of supply. Inventory is up 53.8% from four weeks ago.
41
Homes for sale in Lake Lotawana · 2 coming soon
$479,900
Median list price
33 days
Median days to contract
8.36 mo
Months of supply
| Measure | Sep 2026 | Aug 2026 | Sep 2025 |
|---|---|---|---|
| Median sale price | $332,500 | $675,000 | $251,000 |
| Median price per sq ft | $271 | $281 | $345 |
| Homes sold | 4 | 5 | 4 |
| New listings | 9 | 7 | 5 |
| Went under contract | 6 | 5 | 4 |
13 photos
Open Thu 10 AM to 5 PM
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Open Wed 10 to 5 PM
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Price Cut · $2K
20 photos
Price Cut · $2K
2+ acre lot
2+ acre lot
2+ acre lot
5+ acre lot
① Lake Lotawana itself — the place you are on
Popular home searches in Lake Lotawana
| Search | For sale |
|---|---|
| Open houses | For sale8 |
| Luxury homes | For sale2 |
| Just listed homes | For sale3 |
| Price-reduced homes | For sale16 |
| Coming soon homes | For sale2 |
| 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 Lake Lotawana
| Price range | For sale |
|---|---|
| Under $200,000 | For sale4 |
| Under $300,000 | For sale14 |
| Under $400,000 | For sale17 |
| Under $500,000 | For sale25 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
③ Nearby cities — two steps out
Search homes nearby Lake Lotawana
| 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 |
|---|---|---|---|---|---|---|---|---|
| Lake Lotawana | Strong Buyer's | 8.1 mo | Median$479,900 | 92% | 32d | 41 | 2 | 15 |
| Kansas City | Seller's | 4 mo | Median$265,000 | 100% | 21d | 2,134 | 114 | 819 |
| Independence | Seller's | 3.3 mo | Median$225,000 | 99% | 20d | 429 | 23 | 163 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 20d | 402 | 28 | 204 |
| Blue Springs | Seller's | 2.6 mo | Median$392,450 | 99% | 18d | 195 | 6 | 123 |
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.