Housing Prices in Lake Lotawana, MO
How much do homes in Lake Lotawana, MO cost?
Median List Price
$472,000
$255/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Lake Lotawana has decreased by 4.7% since last year.
Summary: The median home list price in Lake Lotawana was $472,000 in May 2024, down 4.7% from the previous year, and the median price per square foot was $255.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322.5K | $450K | +39.5% |
| 2 Bedrooms | $409.9K | $424.9K | +3.7% |
| 3 Bedrooms | $499K | $333.1K | -33.2% |
| 4 Bedrooms | $549.9K | $612K | +11.3% |
| 5+ Bedrooms | $465K | $829.5K | +78.4% |
Summary: Lake Lotawana housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 33.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 78.4%.
Median List Price Compared To Nearby Cities
| Van Buren Township | $439.9K | $479K | +8.9% |
| Blue Springs | $299.7K | $319.7K | +6.7% |
| Prairie Township | $383.7K | $394.8K | +2.9% |
| Lee's Summit | $397.2K | $408.7K | +2.9% |
| Lake Lotawana | $495.4K | $472K | -4.7% |
Housing Supply in Lake Lotawana, MO
How many homes are available in Lake Lotawana, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The Lake Lotawana real estate market had 45 homes for sale in May 2024, a 9.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lake Lotawana housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes decreased by 20%.
Days on Market for Lake Lotawana, MO
How long does it take to sell a home in Lake Lotawana, MO?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 117 Days | 85 Days | -26.6% |
Summary: Homes in Lake Lotawana had an average listing age of 85 days in May 2024, down by 26.6% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.