The Lee's Summit housing market is somewhat competitive. Homes in Lee's Summit receive 5 offers on average and sell in around 51 days. The median sale price of a home in Lee's Summit was $390K last month, down 2.5% since last year. The median sale price per square foot in Lee's Summit is $171, up 2.4% since last year.
What is the housing market like in Lee's Summit today?
In March 2024, Lee's Summit home prices were down 2.5% compared to last year, selling for a median price of $390K. On average, homes in Lee's Summit sell after 51 days on the market compared to 29 days last year. There were 135 homes sold in March this year, up from 131 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$389,950
-2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lee's Summit, MO
$389,950
-2.5%
United States
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How hot is the Lee's Summit housing market?
Lee's Summit is somewhat competitive. Homes sell in 57 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 57 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lee's Summit
Explore recent offers and recently sold homes in Lee's Summit
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Summit Pointe Elementary School
Public • K-6
669
Students
5 reviews
8/10
Chapel Lakes Elementary School
Public • PreK-5
547
Students
9 reviews
8/10
Voy Spears Jr. Elementary School
Public • PreK-5
519
Students
2 reviews
7/10
Cedar Creek Elementary School
Public • K-6
543
Students
8 reviews
7/10
Highland Park Elementary School
Public • K-6
581
Students
8 reviews
Only showing 5 of
28 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lee's Summit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lee's Summit.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lee's Summit has a moderate risk of flooding. 2,409 properties in Lee's Summit are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Lee's Summit. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lee's Summit has a moderate risk of wildfire. There are 14,746 properties in Lee's Summit that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Lee's Summit.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lee's Summit has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lee's Summit is most at risk from hurricanes. 38,485 properties in Lee's Summit have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 52 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 52 mph.