Homes on Under a Quarter Acre for Sale in Lee's Summit, MO

Lee's Summit is a city of just over 102,500 people with a firmly middle-aged character—the median resident is 38.6 years old as of the 2023 American Community Survey—and solidly owner-occupied, with three-quarters of its 39,531 households owning their homes. The median household income stands at $104,989 per the 2023 ACS, and nearly half of residents hold a bachelor's degree or higher. The median home value in the area is $313,200 according to the 2023 Census estimate, though homes on the market have recently sold at a median of $420,000 over the last 30 days, with a median days-on-market of 18 and a sell-to-list ratio of 100%, suggesting an active buyer base. For renters, the median gross rent is $1,382 per month as of 2023.

The commute to Kansas City and surrounding employment centers averages 25.7 minutes, making Lee's Summit accessible for workers without a grueling daily drive. New construction remains modest but steady: 24 new building permits were issued in July 2026, all for single-family homes, reflecting continued demand for residential development. Year-to-date, 1,188 homes have sold at a median price of $406,000, indicating a robust and sustained real estate market despite the recent rise in median sale prices.