Housing Prices in Lee's Summit, MO

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

Median List Price

$409,999

$174/sqft

Based on all homes listed in the last 12 months.

Difference Since June 2023

+$11,190(+2.8%)

Key Takeaway

The list price of homes in Lee's Summit has increased by 2.8% since last year.

Summary: The median home list price in Lee's Summit was $409,999 in June 2024, up 2.8% from the previous year, and the median price per square foot was $174.

Median List Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $180K$165K
-8.3%
2 $215K$250K
+16.3%
3 $300K$325K
+8.3%
4 $461.9K$474.9K
+2.8%
5+ $592.6K$574.9K
-3.0%

Summary: Lee's Summit housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 3%.

Median List Price Compared To Nearby Cities

Greenwood
+16.6%
Lee's Summit
+2.8%
Prairie Township
+2.4%
Lake Lotawana
+0.6%

Housing Supply in Lee's Summit, MO

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

Number of Homes For Sale

May 2024Jun 2024CHANGE
654682+4.3%

Summary: The Lee's Summit real estate market had 682 homes for sale in June 2024, a 4.3% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 5247
-9.6%
3 223231
+3.6%
4 279292
+4.7%
5+ 100111
+11.0%

Summary: The Lee's Summit housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 11%.

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

Jun 2023Jun 2024CHANGE
163 Days91 Days-43.7%

Summary: Homes in Lee's Summit had an average listing age of 91 days in Jun 2024, down by 43.7% compared to the previous year.

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

Report Updated 26 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?