Lakewood, Lee's Summit, MO Real Estate Market Report
Market summary
Lakewood's market is moving deliberately right now—one home went under contract this week after 103 days on the market, a significant shift from the prior week's 10-day pace. Activity has been modest with just three new listings and one sale in the last 30 days, though that home sold at the 99% sell-to-list ratio, suggesting fair pricing when inventory does emerge. Year-to-date, 25 homes have sold at a median of $485,000, with buyers gravitating toward properties featuring decks, flat lots, and fireplaces, according to HouseLoop's proprietary AI search and photo detection.
Key numbers
This week in Lakewood, Lee's Summit, MO
School districts served
Top features buyers pursued (HouseLoop AI photo + search data)
New listings this week (3)
View all new listings →Went under contract this week (1)
View all under-contract homes →Frequently asked questions about Lakewood, Lee's Summit, MO
What is the median home sale price in Lakewood, Lee's Summit, MO?
The median sale price in Lakewood, Lee's Summit, MO is $564,000, based on 1 home sold in the last 30 days.
How fast are homes selling in Lakewood, Lee's Summit, MO?
Homes in Lakewood, Lee's Summit, MO are selling in a median of 67 days on market over the last 30 days.
How quickly do homes go under contract in Lakewood, Lee's Summit, MO?
Homes that went under contract this week in Lakewood, Lee's Summit, MO did so in a median of 103 days after listing — 93 days slower than last week.
Are home prices rising in Lakewood, Lee's Summit, MO?
Year-to-date, the median sale price in Lakewood, Lee's Summit, MO is $485,000 across 25 closed sales.
How competitive is the Lakewood, Lee's Summit, MO market?
Homes in Lakewood, Lee's Summit, MO are selling at a median of 99% of list price over the last 30 days.
What happened in the Lakewood, Lee's Summit, MO housing market this week?
This week in Lakewood, Lee's Summit, MO: 3 new listings and 1 home went under contract.