Housing in Lee's Summit, MO

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$352,000

Median List Price

$407,500

Price Per Sq Ft

$160

Days on Market

Active Inventory

N/A

Months of Supply

3.0

Seller's market

Price Trends

Source: Redfin

Sale Price ↓ 9.7%List Price ↓ 8.8%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Off Market in 2 Weeks

46.7%

Under Contract in 2 Wks

46.7%

Listings with Price Drops

32.6%

Market Activity

Source: Redfin

Homes Sold

New Listings

116

Homes Sold ↓ 43.0%New Listings ↓ 38.3%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$172

Sale $/SF ↓ 6.4%List $/SF ↓ 1.1%Mar 24 → Jan 26

Lee's Summit vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Lee's Summit is highlighted.

Median Home Value

76th%ilemost expensive$313,200show rank

Median Rent

78th%ilemost expensive rent$1,382show rank

Median Price Per Sq Ft

44th%ilemost expensive $/sqft$160show rank

Rent Burden

29th%ilehighest rent burden15.8%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$313,200

Median Rent

$1,382

Total Housing Units

41,358

Vacancy Rate

4.4%

Owner Occupied

73.6%

Renter Occupied

26.4%

Median Property Tax

$3,746

per year

Monthly Cost (w/ Mortgage)

$1,647

Housing Types

Single Family

81.9%

Multi-Family

18.1%

Mobile Home

0.0%

The current median sale price in Lee's Summit, MO is $352,000 according to Redfin data. Homes spend a median of 38 days on the market. The market has 3.0 months of supply. The median price per square foot is $160. The median rent is $1,382 per month (Census ACS). About 73.6% of housing units are owner-occupied. The median year homes were built is 1994. There are 41,358 total housing units.