Homes Under $1M for Sale in Lee's Summit, MO
· 391 homes fit this search391 homes fit this search · Sorted by Newest Listed
About Homes Under $1M in Lee's Summit, MO
Lee's Summit, MO has 391 homes under $1m for sale right now, with a median list price of $480,000. These homes under $1m were built between 1890 and 2026. Most are between 1,479 and 3,838 square feet.
Housing market trends in Lee's Summit, MO (all homes)
407
Homes for sale in Lee's Summit · 24 coming soon
$500,000
Median list price
16 days
Median days to contract
2.63 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $430,900 | $440,000 | $425,000 |
| Median price per sq ft | $187 | $188 | $171 |
| Median days to contract | 16 | 16 | 22 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 133 | 170 | 131 |
| New listings | 189 | 193 | 137 |
| Went under contract | 133 | 131 | 131 |
Open Sat 10 AM to 2 PM
38 photos
Price Cut · $35K
38 photos
Price Cut · $70K
37 photos
Price Cut · $50K
61 photos
Price Cut · $15K
5+ acre lot
34 photos
Price Cut · $30K
28 photos
Price Cut · $30K
① Lee's Summit itself — the place you are on
Popular home searches in Lee's Summit
| Search | For sale |
|---|---|
| Open houses | For sale54 |
| Luxury homes | For sale17 |
| Just listed homes | For sale25 |
| Price-reduced homes | For sale174 |
| Coming soon homes | For sale25 |
| Homes under contract | For sale202 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Lee's Summit
| Price range | For sale |
|---|---|
| Under $200,000 | For sale5 |
| Under $300,000 | For sale45 |
| Under $400,000 | For sale156 |
| Under $500,000 | For sale213 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
② Its neighborhoods — one step out
Nearby neighborhoods to Lee's Summit
| Neighborhood | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | For sale | Median sale | Sell-to-list | Days to contract | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Lakewood | Strong Seller's | 2 mo | 10 | Median$505,000 | 101% | 23d | 2 | 7 |
| Eagle Creek | Strong Seller's | 1.2 mo | 3 | Median$472,000 | 100% | 18d | 0 | 2 |
| Woodlawn Estates | Strong Seller's | 1.7 mo | 10 | Median$329,376 | 101% | 29d | 0 | 7 |
| Condos of Oaks Ridge Meadows | Seller's | 2.1 mo | 5 | Median$214,200 | 100% | 14d | 0 | 3 |
| Highland Meadows | Strong Seller's | 0.7 mo | 1 | Median$547,917 | 100% | 47d | 0 | 0 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.
③ Nearby cities — two steps out
Search homes nearby Lee's Summit
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 19d | 431 | 24 | 206 |
| Kansas City | Seller's | 3.8 mo | Median$255,000 | 99% | 21d | 2,171 | 112 | 775 |
| Independence | Seller's | 3.3 mo | Median$225,000 | 99% | 20d | 455 | 25 | 159 |
| Blue Springs | Seller's | 2.6 mo | Median$389,000 | 99% | 18d | 210 | 17 | 118 |
| Raytown | Seller's | 3.4 mo | Median$214,900 | 97% | 23d | 130 | 8 | 35 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.