Homes Under $500K for Sale in Raytown, MO
· 130 homes fit this search130 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Raytown, MO
Raytown, MO has 130 homes under $500k for sale right now, with a median list price of $214,900. These homes under $500k were built between 1925 and 2025. Most are between 939 and 2,746 square feet.
Housing market trends in Raytown, MO (all homes)
130
Homes for sale in Raytown · 10 coming soon
$214,900
Median list price
23 days
Median days to contract
3.79 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $218,500 | $250,000 | $235,500 |
| Median price per sq ft | $140 | $144 | $151 |
| Median days to contract | 12 | 29 | 14 |
| Sell-to-list ratio | 99% | 100% | 100% |
| Homes sold | 29 | 37 | 24 |
| New listings | 75 | 50 | 37 |
| Went under contract | 31 | 29 | 26 |
27 photos
Single-story
58 photos
Waterfront
24 photos
Price Cut · $10K
Coming soon
Single-story
Price Cut · $4K
30 photos
Single-story
23 photos
Price Cut · $15K
① Raytown itself — the place you are on
Popular home searches in Raytown
| Search | For sale |
|---|---|
| Open houses | For sale3 |
| Just listed homes | For sale13 |
| Price-reduced homes | For sale54 |
| Coming soon homes | For sale11 |
| Homes under contract | For sale28 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Raytown
| Price range | For sale |
|---|---|
| Under $200,000 | For sale53 |
| Under $300,000 | For sale112 |
| Under $400,000 | For sale124 |
| Under $500,000 | For sale130 |
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 Raytown
| 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 |
|---|---|---|---|---|---|---|---|---|
| Southwood | Seller's ▼ | 2.7 mo | 8 | Median$244,500 | 103% | 21d | 0 | 2 |
| Gregory Heights | Seller's | 4 mo | 5 | Median$169,000 | 97% | 22d | 0 | 0 |
| Westridge | Balanced | 4.3 mo | 5 | Median$204,000 | 100% | 22d | 0 | 0 |
| Laurel Heights | Strong Seller's | 1.2 mo | 1 | Median$206,750 | 101% | 22d | 0 | 3 |
| Graymont | Buyer's | 6.7 mo | 5 | Median$245,000 | — | 17d | 0 | 2 |
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 Raytown
| 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 |
|---|---|---|---|---|---|---|---|---|
| Raytown | Seller's | 3.6 mo | Median$213,450 | 98% | 23d | 140 | 10 | 28 |
| Kansas City | Seller's | 3.9 mo | Median$259,950 | 99% | 21d | 2,179 | 93 | 758 |
| Independence | Seller's | 3.3 mo | Median$220,000 | 99% | 20d | 453 | 15 | 155 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 19d | 428 | 18 | 210 |
| Blue Springs | Seller's | 2.7 mo | Median$384,630 | 99% | 18d | 217 | 14 | 108 |
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.