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 17 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?