$6,234 Closing Credit*
$525,000
2,449 SqFt
4 Beds
•3 Full Baths
Patty Pierce, Listing Office: ReeceNichols - Lees Summit
Housing Prices in Lee's Summit, MO
How much do homes in Lee's Summit, MO cost?
Median List Price
$409,322
$174/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$9,353(+2.3%)
Key Takeaway
The list price of homes in Lee's Summit has increased by 2.3% since last year.
Summary: The median home list price in Lee's Summit was $409,322 in October 2024, up 2.3% from the previous year, and the median price per square foot was $174.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $177K | +4.1% |
| 2 Bedrooms | $225K | $255K | +13.3% |
| 3 Bedrooms | $306.5K | $326.3K | +6.4% |
| 4 Bedrooms | $464.3K | $465K | 0.2% |
| 5+ Bedrooms | $588.3K | $569.3K | -3.2% |
Summary: Lee's Summit housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 3.2%.
Median List Price Compared To Nearby Cities
| Greenwood | $357.4K | $425K | +18.9% |
| Prairie Township | $388.3K | $397.8K | +2.5% |
| Lee's Summit | $399.9K | $409.3K | +2.3% |
| Lake Lotawana | $500K | $498.5K | -0.3% |
Housing Supply in Lee's Summit, MO
How many homes are available in Lee's Summit, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 678 | 697 | +2.8% |
Summary: The Lee's Summit real estate market had 697 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 56 | 56 | 0.0% |
| 3 Bedrooms | 224 | 263 | +17.4% |
| 4 Bedrooms | 295 | 277 | -6.1% |
| 5+ Bedrooms | 102 | 100 | -2.0% |
Summary: The Lee's Summit housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 2%.
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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 172 Days | 100 Days | -41.4% |
Summary: Homes in Lee's Summit had an average listing age of 100 days in Oct 2024, down by 41.4% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.
Listing information comes in part from the Internet Data Exchange (IDX) of the Columbia Board of REALTORS ® or its Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non - commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Columbia Board of REALTORS®. All rights reserved.