Housing Prices in Lee's Summit, MO

How much do homes in Lee's Summit, MO cost?

Median List Price

$406,960

$174/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$7,047(+1.8%)

Key Takeaway

The list price of homes in Lee's Summit has increased by 1.8% since last year.

Summary: The median home list price in Lee's Summit was $406,960 in November 2024, up 1.8% from the previous year, and the median price per square foot was $174.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$177K
+4.1%
2 $235K$257.9K
+9.7%
3 $304.9K$326.6K
+7.1%
4 $468.2K$465.4K
-0.6%
5+ $588.6K$571.6K
-2.9%

Summary: Lee's Summit housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 2.9%.

Median List Price Compared To Nearby Cities

Greenwood
+16.7%
Prairie Township
+2.2%
Lee's Summit
+1.8%
Lake Lotawana
0.4%

Housing Supply in Lee's Summit, MO

How many homes are available in Lee's Summit, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
673664-1.3%

Summary: The Lee's Summit real estate market had 664 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 5656
0.0%
3 256255
-0.4%
4 266265
-0.4%
5+ 9488
-6.4%

Summary: The Lee's Summit housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 6.4%.

Days on Market for Lee's Summit, MO

How long does it take to sell a home in Lee's Summit, MO?

Average Listing Age

Nov 2023Nov 2024CHANGE
178 Days110 Days-38.0%

Summary: Homes in Lee's Summit had an average listing age of 110 days in Nov 2024, down by 38% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Lee's Summit, MO

Nearby Markets to Lee's Summit, MO

What housing markets are near Lee's Summit, MO?