Lenexa, KS is a city with a median housing value of $404,300. This is substantially higher than the US house median value of $338,100, showing that Lenexa is an affluent area. The US House Appreciation rate for the past year has been 8.27%, however in Lenexa the appreciation rate was even higher at 8.86%. This suggests that investment in housing in Lenexa could be a sound financial decision and that homeowners can expect to see continued increases in their property values.
The median home cost in Lenexa is $404,300. Home appreciation the last 10 years has been 97.0%. Home Appreciation in Lenexa is up 13.7%.
Average Age of Homes
- The median age of Lenexa real estate is 31 years old
The Rental Market in Lenexa
- Renters make up 35.1% of the Lenexa population
- 1.8% of houses and apartments in Lenexa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.