Maintenance-Provided Housing in Johnson County, Kansas
Second Quarter 2020 Report
It was an amazing quarter!
Maintenance-free homes are in short supply because Kansas City is not a retirement magnet. Therefore, not enough were built or are being built.
There are very few over-50 communities or gated ones.
New construction is ongoing; 100 villas and patio homes are being built, with an average list price of $537,138. Four condos are being built in Prairie Village at $1.4 million. Townhomes are still being built; the median list price is $359,900—not exactly entry-level pricing.
Exact criteria for Condos and Townhomes are not defined, so you might see homes in the same subdivision listed as a condo or as a townhome.
Heartland Multiple Listing Service (our local MLS) combines Patio Homes and Villas since there are no criteria defining the difference. These are still considered to be single-family homes, even though there might be two or more in one building.
Our MLS was a non-square-footage MLS in the past, meaning it was not required to enter that information into a listing. Therefore, square footage information is incomplete and difficult to use for comparison.
Styles of Maintenance-Free Homes
Most of the lower-priced condominiums and townhomes were apartment conversions. Therefore, some units do not have their own laundry rooms and are quite old.
The newer (10 years or less) townhomes have more features, but start at about $300,000.
To buy a newer villa/patio home, you need to plan on spending over $300,000. Many of the basements are finished and have windows, but most of the time, the windows look out to a concrete window well.
Only a handful of these communities are gated.
2020 2nd Quarter, 100 sales with a median of $130,000
2019, 207 condos sold; median sale price $135,000
2018, 208 condos sold; median sale price $132,500
2017, 256 condos sold; median sale price $120,000
2016, 204 condos sold; median sale price $110,000
2020 2nd Quarter, 266 sales with a median of $215,500
2019, 598 townhomes sold; median sale price $205,000
2018, 609 townhomes sold; median sale price $199,000
2017, 623 townhomes sold; median sale price $180,000
2016, 626 townhomes sold; median sale price $169,000
2020, 2nd Quarter, 235 sales with a median of $399,000