Leawood, Kansas Housing Market Prices
Leawood Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 160% above the Kansas median$272,302
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Median rent 71% above the Kansas median$1,815
Housing Market Overview
| Metric | Leawood | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $272,302 | $104,644 | $248,835 |
| Price Trend (Annual %) | -5.1% | 4.4% | 7.5% |
| Median Gross Rent | $1,815 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Leawood is about 160% higher than in Kansas. Rent is about 71% higher than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Leawood: home prices fell about 5.1% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
Median rent in Leawood rose about 53.2% between 2015 and 2024, from $1,185 to $1,815. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Leawood.
Buying the median-priced home in Leawood costs roughly 12.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Leawood. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Leawood | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $272,302 | $104,644 | $248,835 |
| Median Household Income | $178,711 | $74,287 | $80,455 |
| Price-to-Income Ratio | 1.5 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Leawood fell about 30.6%, while median household income rose about 52.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Leawood | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 83.4% | 60.9% | 58.5% |
| Rental Rate | 12.2% | 29.8% | 31.2% |
| Vacancy Rate | 4.4% | 9.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Leawood has a homeownership rate of 83.4%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 4.4%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Leawood | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1987 | 1975 | 1978 |
| Median Number of Rooms | 8.4 | 6.0 | 5.5 |
The typical housing unit in Leawood was built around 1987. On average, 2.5 people live in a home with about 8.4 rooms, staying for about 15.0 years on average.
Leawood, KS Housing Compared With Nearby Cities
How Leawood, KS compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Leawood, KS | 34,078 | $272,302 #1/3 | $1,815 #1/3 | 87.3% #1/3 |
| Overland Park, KS | 197,762 | $154,964 | $1,514 | 61.5% |
| Grandview, MO | 26,526 | $155,625 | $1,035 | 49.1% |
Frequently Asked Questions
Common questions about the housing market in Leawood, Kansas.
What is the median home price in Leawood, Kansas?
The median home price in Leawood, Kansas is $272,302, higher than the Kansas average of $104,644.
What is the average home price in Leawood, Kansas?
The typical home price in Leawood, Kansas, reported as the median sale price, is $272,302. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Leawood, Kansas?
The median gross rent in Leawood, Kansas is $1,815 per month, higher than the Kansas average of $1,060.
What was the median gross rent in Leawood in 2020?
In 2020, the median gross rent in Leawood, Kansas was $1,508 per month.
What is the price-to-rent ratio in Leawood, Kansas?
The price-to-rent ratio in Leawood, Kansas is about 12.5, meaning it would take roughly 12.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Leawood.
Are home prices or rent rising faster in Leawood, Kansas?
Home prices and rent are moving in opposite directions in Leawood: home prices fell about 5.1% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Leawood, Kansas?
83.4% of households in Leawood, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Leawood, Kansas?
The housing vacancy rate in Leawood, Kansas is 4.4%, lower than the Kansas average of 9.2%.
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