Leawood, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Leawood Neighborhoods Since 2000




Leawood, KS Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Leawood Housing Market Information

With a population of 34,579, 12,433 total housing units (homes and apartments), and a median house value of $473,700, 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.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leawood. Owner-occupied housing accounts for 92.51% of Leawood's homes, and 69.96% have either three or four bedrooms, which is average sized relative to America.

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 1940-1969 ( 24.28%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.42%). There's also some housing in Leawood built before 1939 ( 1.38%).

Leawood Home Appreciation Rates

In the last 10 years, Leawood has experienced some of the highest home appreciation rates of any community in the nation. Leawood real estate appreciated 15.01% over the last ten years, which is an average annual home appreciation rate of 1.41%, putting Leawood in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Leawood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Leawood appreciation rates have trailed the rest of the nation. In the last twelve months, Leawood's appreciation rate has been 0.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Leawood were at -0.04%, which equates to an annual appreciation rate of -0.17%.

Relative to Kansas, our data show that Leawood's latest annual appreciation rate is lower than 90% 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:
$473,700

Leawood, KS HOME PRICES

Value Range
> $1,160,000 5.4
$870,001 - $1,160,000 4.6
$580,001 - $870,000 16.9
$464,001 - $580,000 18.4
$348,001 - $464,000 26.2
$232,001 - $348,000 18.9
$116,001 - $232,000 7.1
$58,001 - $116,000 0.8
$0 - $58,000 1.6

Very High for KS
Very High for Nation

Value Relative to Nation Value Relative to State
6.65065041603188 0.709219858156028

Number Of Homes And Apartments:
12,433

Leawood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
41.73% 2.04% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,626 / per month

Homeownership Rate

Homeownership
Owners 92.51
Renters 7.49
Vacant 3.23

Housing Market Details

 

Age of Homes

AGE OF Leawood HOMES
2000 or Newer 20.4
1970 - 1999 53.9
1940 - 1969 24.3
1939 or Older 1.4

Types of Homes

TYPE OF Leawood HOMES
Single-Family 89.2
Townhomes 4.1
Small Apt. Buildings 0.5
Apt. Complexes 6.2
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Leawood HOMES
No Bedroom 0.54
1 Bedroom 2.76
2 Bedrooms 7.08
3 Bedrooms 22.61
4 Bedrooms 47.35
5 or more bedrooms 19.66