Lee's Summit, MO Real Estate Market Report
Market summary
Buyers in Lee's Summit should note a notable shift in pace this week: homes are taking a median of 48 days to reach an accepted offer, up sharply from 16 days the prior week, suggesting the market is absorbing more supply before deals close. With 39 new listings hitting the market against only 9 going under contract, inventory is building and buyers have more room to be selective. That said, the last 30 days tell a resilient story — 102 homes sold at a median of $414,500, sellers received 102% of their list price on average, and homes moved in a median of just 18 days. Year-to-date, 821 closed sales at a median of $396,000 confirm sustained demand across the area. According to HouseLoop's proprietary AI search and photo detection, the features drawing the most buyer attention right now are flat lots, attached garages, and concrete driveways.
Key numbers
This week in Lee's Summit, MO
School districts served
Top features buyers pursued (HouseLoop AI photo + search data)
New listings this week (39)
View all new listings →Went under contract this week (9)
View all under-contract homes →Homes sold this week (7)
Frequently asked questions about Lee's Summit, MO
What is the median home sale price in Lee's Summit, MO?
The median sale price in Lee's Summit, MO is $414,500, based on 102 homes sold in the last 30 days.
How fast are homes selling in Lee's Summit, MO?
Homes in Lee's Summit, MO are selling in a median of 18 days on market over the last 30 days.
How quickly do homes go under contract in Lee's Summit, MO?
Homes that went under contract this week in Lee's Summit, MO did so in a median of 48 days after listing — 32 days slower than last week.
Are home prices rising in Lee's Summit, MO?
Year-to-date, the median sale price in Lee's Summit, MO is $396,000 across 821 closed sales.
How competitive is the Lee's Summit, MO market?
Homes in Lee's Summit, MO are selling at a median of 102% of list price over the last 30 days.
What happened in the Lee's Summit, MO housing market this week?
This week in Lee's Summit, MO: 39 new listings and 9 homes went under contract.