Lake Ridge Meadows, Lee's Summit, MO Real Estate Market Report
Market summary
Lake Ridge Meadows is showing steady buyer activity, with one home going under contract this week after a median 31 days on market. Over the past month, the neighborhood saw one sale at a median price of $365,000, closing just above asking price at a 103% sell-to-list ratio. Buyers in this Lee's Summit community are prioritizing flat lots, fireplaces, and backsplashes, according to HouseLoop's proprietary AI search and photo detection. With only two closed sales year-to-date, the market remains quiet but stable for this neighborhood.
Key numbers
This week in Lake Ridge Meadows, Lee's Summit, MO
School districts served
Top features buyers pursued (HouseLoop AI photo + search data)
Went under contract this week (1)
View all under-contract homes →Homes sold this week (1)
Frequently asked questions about Lake Ridge Meadows, Lee's Summit, MO
What is the median home sale price in Lake Ridge Meadows, Lee's Summit, MO?
The median sale price in Lake Ridge Meadows, Lee's Summit, MO is $365,000, based on 1 home sold in the last 30 days.
How fast are homes selling in Lake Ridge Meadows, Lee's Summit, MO?
Homes in Lake Ridge Meadows, Lee's Summit, MO are selling in a median of 74 days on market over the last 30 days.
How quickly do homes go under contract in Lake Ridge Meadows, Lee's Summit, MO?
Homes that went under contract this week in Lake Ridge Meadows, Lee's Summit, MO did so in a median of 31 days after listing.
Are home prices rising in Lake Ridge Meadows, Lee's Summit, MO?
Year-to-date, the median sale price in Lake Ridge Meadows, Lee's Summit, MO is $407,500 across 2 closed sales.
How competitive is the Lake Ridge Meadows, Lee's Summit, MO market?
Homes in Lake Ridge Meadows, Lee's Summit, MO are selling at a median of 103% of list price over the last 30 days.
What happened in the Lake Ridge Meadows, Lee's Summit, MO housing market this week?
This week in Lake Ridge Meadows, Lee's Summit, MO: 1 home went under contract.