Homes Under $500K for Sale in Lake Lotawana, MO
· 26 homes fit this search26 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Lake Lotawana, MO
Lake Lotawana, MO has 26 homes under $500k for sale right now, with a median list price of $287,575. These homes under $500k were built between 1947 and 2026. Most are between 1,080 and 2,513 square feet.
Housing market trends in Lake Lotawana, MO (all homes)
40
Homes for sale in Lake Lotawana · 1 coming soon
$449,000
Median list price
86 days
Median days to contract
7.31 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $380,000 | $332,500 | $681,500 |
| Median price per sq ft | $290 | $271 | $559 |
| Homes sold | 7 | 4 | 6 |
| New listings | 8 | 9 | 10 |
| Went under contract | 12 | 6 | 8 |
18 photos
Price Cut · $3K
33 photos
Price Cut · $20K
12 photos
Open Fri 10 AM to 5 PM
17 photos
Price Cut · $31K
15 photos
Open Fri 11 AM to 5 PM
13 photos
Brand new (2026)
23 photos
Price Cut · $60K
39 photos
Price Cut · $66K
① Lake Lotawana itself — the place you are on
Popular home searches in Lake Lotawana
| Search | For sale |
|---|---|
| Open houses | For sale6 |
| Luxury homes | For sale2 |
| Just listed homes | For sale1 |
| Price-reduced homes | For sale16 |
| Coming soon homes | For sale1 |
| Homes under contract | For sale13 |
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 sale18 |
| Under $500,000 | For sale26 |
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$449,000 | 94% | 34d | 41 | 1 | 13 |
| Kansas City | Seller's | 3.8 mo | Median$259,000 | 99% | 21d | 2,168 | 103 | 776 |
| Independence | Seller's | 3.2 mo | Median$225,000 | 99% | 20d | 444 | 20 | 157 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 19d | 434 | 23 | 209 |
| Blue Springs | Seller's | 2.6 mo | Median$389,900 | 99% | 18d | 208 | 15 | 116 |
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.