The Oaks Ridge Meadows housing market is very competitive. The median sale price of a home in Oaks Ridge Meadows was $218K last month, down 1.7% since last year. The median sale price per square foot in Oaks Ridge Meadows is $146, up 3.2% since last year.
What is the housing market like in Oaks Ridge Meadows today?
In October 2024, Oaks Ridge Meadows home prices were down 1.7% compared to last year, selling for a median price of $218K. On average, homes in Oaks Ridge Meadows sell after 27 days on the market compared to 9 days last year. There were 18 homes sold in October this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$217,500
-1.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Oaks Ridge Meadows, MO
$217,500
-1.7%
United States
To compare other locations to the Oaks Ridge Meadows and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lee's Summit add value to a home.
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How hot is the Oaks Ridge Meadows housing market?
Oaks Ridge Meadows is very competitive. Homes sell in 30 days.
0
100
71
Very 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 1% above list price and go pending in around 11 days.
Learn about schools in the Oaks Ridge Meadows area
Elementary
Middle
High
GreatSchools Rating
6/10
Voy Spears Jr. Elementary School
Public • PreK-5
514
Students
2 reviews
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 Oaks Ridge Meadows housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oaks Ridge Meadows.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oaks Ridge Meadows has a minor risk of flooding. 144 properties in Oaks Ridge Meadows are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Oaks Ridge Meadows. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oaks Ridge Meadows has a moderate risk of wildfire. There are 301 properties in Oaks Ridge Meadows that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Oaks Ridge Meadows.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Oaks Ridge Meadows has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oaks Ridge Meadows is most at risk from hurricanes. 1,386 properties in Oaks Ridge Meadows 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 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 47 mph.
86% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Oaks Ridge Meadows has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in Oaks Ridge Meadows have a Moderate Heat Factor®.
Oaks Ridge Meadows is expected to see a 142% increase in the number of days over 107ºF over the next 30 years. Oaks Ridge Meadows is expected to experience 7