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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Leawood, KS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Leawood, KS Housing Market Trends

With 33,713 people, 13,304 houses or apartments, and a median cost of homes of $774,515, Leawood house prices are not only among the most expensive in Kansas, Leawood real estate also is some of the most expensive in all of America.

Leawood is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Leawood than is found in 98% of the communities in America.

The large homes that make up Leawood are primarily owner-occupied ( 90.72%).

There is a lot of housing in Leawood built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Leawood built between 2000 and later ( 27.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.43%).

Leawood Home Appreciation Rates

Appreciation rates for homes in Leawood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.89%, which ranks in the top 40% nationwide. This equates to an annual average Leawood house appreciation rate of 7.06%.

NeighborhoodScout's data show that during the latest twelve months, Leawood's appreciation rate, at 6.31%, has been at or slightly above the national average. In the latest quarter, Leawood's appreciation rate has been -0.75%, which annualizes to a rate of -2.96%.

Notably, Leawood's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kansas, our data show that Leawood's latest annual appreciation rate is higher than 70% of the other cities and towns in Kansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Leawood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Leawood - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Leawood real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$774,515

Leawood, KS Home Prices
> $1,274,000
$955,001 - $1,274,000
$637,001 - $955,000
$510,001 - $637,000
$382,001 - $510,000
$255,001 - $382,000
$127,001 - $255,000
$64,001 - $127,000
$0 - $64,000
11.8%
11.8%
13.1%
13.1%
37.3%
37.3%
18.0%
18.0%
8.9%
8.9%
5.8%
5.8%
2.6%
2.6%
0.4%
0.4%
2.1%
2.1%
0% 100.0%
% of Homes
Very High

for Kansas

Very High

for nation

Number of Homes And Apartments:

13,304

Leawood Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,786 / per month

Homeownership Rate

Owners
Renters
90.7%
90.7%
9.3%
9.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.1%
5.1%
94.9%
94.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
27.7%
27.7%
49.1%
49.1%
22.4%
22.4%
0.8%
0.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.8%
84.8%
4.4%
4.4%
0.7%
0.7%
9.7%
9.7%
0.3%
0.3%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
3.9%
3.9%
8.9%
8.9%
17.6%
17.6%
46.4%
46.4%
21.6%
21.6%
0% 100.0%
% of Homes