Morgan Acres, Lee's Summit MO Real Estate & Homes For Sale
1 results · Sorted by Newest Listed
Morgan Acres, Lee's Summit Real Estate Market Trends
?About Morgan Acres, Lee's Summit Real Estate
Inventory in Morgan Acres: 1 active home, median list $299,000.
Homes in Morgan Acres sit within the Lee's Summit city limits in MO. Sales: 5 closings in the past 12 months, median $302,500 at 101% of list. Listings spend a median 10 days on market before going under contract, with 2.4 months of supply.
Schools serving Morgan Acres, Lee's Summit
Morgan Acres, Lee's Summit Real Estate FAQ
What school district serves Morgan Acres?
Morgan Acres is primarily served by the Lee's Summit school district.
What high school is Morgan Acres zoned for?
Morgan Acres is most commonly zoned for Lee's Summit High School.
What middle school is Morgan Acres zoned for?
Morgan Acres is most commonly zoned for Pleasant Lea Middle School.
What elementary school is Morgan Acres zoned for?
Morgan Acres is most commonly zoned for Prairie View Elementary.
How many homes are for sale in Morgan Acres?
There are 1 homes for sale in Morgan Acres, Lee's Summit, MO on HouseLoop, updated in real time from Heartland MLS.
What is the median list price in Morgan Acres?
The median list price of homes for sale in Morgan Acres is $299,000.
How long does it take to sell a home in Morgan Acres?
Homes in Morgan Acres go under contract in a median of 10 days after listing.
Is now a good time to sell my home in Morgan Acres?
Morgan Acres is currently a seller's market — 2.4 months of supply, homes selling at about 101% of list price, a median 10 days to go under contract. That favors sellers: well-priced, well-presented homes are still moving. Pricing to the market from day one is what separates a quick sale from a stale listing.
Is now a good time to buy a home in Morgan Acres?
With 2.4 months of supply, homes selling at about 101% of list price, a median 10 days to go under contract, Morgan Acres is a seller's market. Move-in-ready homes still go fast, so buyers who are pre-approved and ready to act have the advantage. Homes that linger past the median days on market are where the negotiating room is.
Are home values increasing in Morgan Acres?
Homes in Morgan Acres are selling at roughly 101% of list price with a median of 10 days to go under contract, which points to firm, competitive demand. 5 homes sold here in the last 12 months. For an exact change in value for a specific home, a local agent's comparative market analysis is the most reliable read.
Does Morgan Acres have good resale value?
Resale strength comes down to liquidity and how close homes sell to asking. Morgan Acres had 5 sales in the last 12 months, with homes closing at about 101% of list price and a median 10 days to contract — signs of a market where well-maintained homes hold their value and resell efficiently.
How does Morgan Acres (Lee's Summit, MO) compare to its city?
Morgan Acres (Lee's Summit, MO) has a median sale price of $302,500 (34% below the city median of $456,625); a sell-to-list ratio of 101% (vs the city median 100%, a 1.0-point premium); a median 10 days to go under contract (11.5 days faster than the city median of 21.5 days). Buyers and sellers can use these benchmarks to gauge how Morgan Acres (Lee's Summit, MO) is performing relative to the surrounding market.
Newly listed in Morgan Acres, Lee's Summit
1 last 7 days — up 1 from 0 the previous 7 days.
| Home | List price | Bd / Ba |
|---|---|---|
| 2005 SE 2nd Terrace | $299,000 | 3 / 2.5 |