Here’s your January 2021 Housing Market Update for Johnson County, KS!
As of January 25, 2021, there are only 346 single family homes for sale in Johnson County that are priced up to $700,000. For families looking for a home priced at $500,000 or below, there are only 186 active listings.
Current number of single family homes for sale priced $500,000 and below:
Overland Park- 25
Prairie Village- 9
With the number of homes currently on the market today, there are only enough houses available ($500K and under) to last 3 – 11 days! In fact, in Stilwell, there are currently ZERO houses for sale under $900,000!!!
We expect the number of available homes to increase as we approach spring, however, motivated buyers are actively looking for homes right now and there are only a limited number of houses to choose from.
Home owners selling their homes now have several advantages- houses are selling very quickly when priced for the market, selling at their highest value, and sellers are finding low interest rates when financing their next home (helping to keep an affordable monthly payment with their next home).
Buying a Home
What is buying a home like in the current market? Houses are selling very quickly, often times their first day on the market and with multiple offers. Buyers are getting outbid so it is essential to have a real estate agent who will help you create a competitive offer. When you work with us, we have the resources to help you make an attractive offer to help you turn your dreams of a new home into a reality!
Curious about the value of your home in today’s market? Contact us at 913.449.2827 or fill out the form at “What’s My Home Worth?” and we’ll provide you with a custom home valuation!