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The Oak Park Subdivision Real Estate And Homes For Sale In Lenexa, KS

Find area information and real estate listings for the Oak Park Subdivision, Lenexa, Kansas. Learn more about Oak Park, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.

Oak Park Area Insight

  • Ask a Local Expert a question about the Oak Park Subdivision.
    Oak Park Subdivision
    Market Update for Oak Park
    In the last six months Oak Park has had 13 homes sold/closed as of December 24, 2018. This ratio of homes sold over time is called the absorption rate. The most recent absorption rate averaged over the last six months is 2.2 homes per month. At the time of writing there are two homes for sale in Oak Park. If the most recent absorption rate continues it would take less than a month to sell all of the homes for sale, assuming that all homes would sell, and that no additional homes came on the market.

    In general terms a market is considered balanced when the supply of homes equals 5.5 to 6.5 months of inventory compared to demand or absorption rate. The lower the month's supply of home is, the seller tends to see an advantage in price or terms. The higher the months supply of homes the more advantage there is to the buyer in terms of price or terms.

    Oak Park, being in higher than average demand compared to supply means that, in general, sellers have an advantage in terms of negotiations of terms.
  • Janet Fournier
    Janet Fournier
    RE/MAX State Line
    Ask Janet a question about the Oak Park Subdivision.
    Oak Park Subdivision
    Nice Homes in a Great Community
    Oak Park, near 103rd and Quiviria in Lenexa, features single family houses, mostly with split level or raised ranch floor plans. This is a great place to live, with an excellent location. It is near Oak Park Mall with noted restaurants and shops, I-435 for an easy commute to anywhere in the city, and a community pool on 103rd. This established subdivision features nice sized lots with mature trees, and nicely maintained homes.

Nearby Schools

Featured Local Expert

Janet Fournier
Janet Fournier
RE/MAX State Line

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Homes For Sale Near Oak Park

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