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Fairway Kansas Homes by Price Range
Fairway KS Real Estate Market Update Video
Fairway Real Estate Market Update includes:
• Median Home Sold Price Decreased 49%
• Number of Homes Sold Increased 133%
• Number of Homes under Contract Increased 10%
• Number of Homes For Sale Increased 29%
• Average Days on Market Decreased 54%
• Months Supply of Inventory Decreased to 13 months
Months Supply of Inventory is also known as Absorption Rate. A “Balanced” market is about a 6 months supply of homes. Less than 6 months supply is a seller’s market and more is a buyer’s market.
A beautiful, residential town located near the Kansas-Missouri state line, Fairway, Kansas, features large, beautiful homes and shady lawns. Nearly 100 local businesses operate here as well. First incorporated in 1949, the community enjoys a history that reaches back to days before the French first settled in the area.
Easy commutes into Kansas City make this town of nearly 4,000 inhabitants popular with career professionals. As of the 2010 census, only 27 percent of households included children under the age of 18, and most residents were professionals between the ages of 25 and 64.
Downtown Fairway features quaint shops and local boutiques including an independent bookseller, chocolatiers, florists and locally owned clothing stores. The residential district is minutes away from Kansas City’s Country Club Plaza and Brookside shopping areas. Citizens enjoy quick commutes to work on either side of the state line, and metro-area entertainment venues are easy to access without the hassle of unwanted noise and traffic in the community.
Parents living in Fairway can choose to send their children to a variety of top educational institutions in the Kansas City metro area. The town is located in the Shawnee Mission Public Schools Unified District. Private school options include The Barstow School and Pembroke Hill School as well as Bishop Miege High School, St. Teresa’s Academy and Rockhurst High School.
Fairway is entrenched in the rich history of the Kansas City metro area. Main attractions include the Shawnee Indian Mission Historical Site at 53rd and Mission Road as well as the Shawnee Indian Mission Historical Cemetery. Locals enjoy relaxing at Neale Peterson Park and Fairway Pool on Mission Road, and the Old Mission United Methodist Church is a widely recognized local landmark