Lakewood, Lee's Summit, MO Real Estate Market Report
Market summary
Homes in Lakewood are taking longer to move this week, with a median of 28 days to contract compared to 2 days the prior week. Two properties went under contract against just one new listing, signaling steady underlying demand. Over the last month, the median sale price held at $465,000 with homes selling at 96% of list price, though they averaged 40 days on market. Buyers in this area consistently prioritize flat lots, fireplaces, and kitchens with backsplashes, 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 (1)
View all new listings →Went under contract this week (2)
View all under-contract homes →Homes sold this week (1)
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 $465,000, based on 5 homes 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 40 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 28 days after listing — 26 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 29 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 96% 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: 1 new listing and 2 homes went under contract.