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Compass Real Estate · ZIP 66227
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66227 ZIP Code Housing Market
$597,500median sale price
What is the 66227 housing market like right now?
The median home sale price in ZIP code 66227 is $597,500, down 3.0% year-over-year. Homes sell in an average of 82 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 66227 ZIP code a buyer's or seller's market?
ZIP code 66227 is currently a leaning buyer's and homes selling in about 82 days. How we determine this →
What are the latest 66227 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $597,500 |
| Median list price | $649,950 |
| Year-over-year price change | -3.0% |
| Average days on market | 82 days |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 66227 zip code, located in Lenexa, KS, is currently classified as a leaning buyer's. The median sale price stands at $597,500, representing a -3.0% change year over year. Homes in this area spend an average of 82 days on the market before going under contract.
ZIP 66227 sits in the Lenexa, KS area, roughly 3.8 miles from downtown Lenexa. Because home prices are set street by street, this ZIP can move differently from Lenexa's citywide averages. The figures below reflect 66227 specifically — drawn from Redfin transactions, U.S. Census data for its 9,595 residents, and Zillow value estimates.
Homes sold
78
Last 12 weeks
Days on market
82
Average pace
Active listings
—
Sale-to-list
—
Below asking
What is driving the 66227 housing market?
The 66227 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 66227 have declined -3.0% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 66227 stands at $564,511, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 66227?
Population
9,595
Median income
$139,883/yr
Median age
40 years
Owner-occupied
85.8%
College grads
70.1%
Avg commute
22.42 min
What is it like living in 66227?
Zip code 66227 is home to approximately 9,595 residents. The median household income is $139,883 per year, which shapes the types of homes and amenities available in the area. With a median age of 40 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 85.8% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 70.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 22.42 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 66227.
Which public schools serve ZIP 66227?
4 schools tracked · 1,909 students
The largest public schools serving ZIP code 66227 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mill Creek Middle School
Grades 6-8 · 665 students
Mize Elementary School
Grades PK-5 · 453 students
Canyon Creek Elementary
Grades PK-5 · 444 students
Horizon Elementary
Grades PK-5 · 347 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 66227
What is the median home price in 66227?
The current median sale price in 66227 is $597,500, based on recent Redfin transaction data. Prices have changed -3.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 66227 a buyer's or seller's market?
The 66227 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 66227?
Zip code 66227 has a population of approximately 9,595 residents. The median household income is $139,883 per year. About 85.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 66227?
Properties Incorporated provides comprehensive data for 66227 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 66227 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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