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Lee's Summit, MO

Full City Profile · Missouri

3.9 /5.0
B+ Good
102,583 Population 1,606/sq mi density
$104,989 Median Income $48,687 per capita
$313,200 Home Value $355,098 Zillow
$1,382 Median Rent 29.3% income on rent
54°F Avg Temperature 263 sunny days/yr
116 Violent Crime/100K 2,108 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$104,989 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$313,200 home value, $1,382/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
A+
Education
4.9 / 5.0
48.7% bachelor's degree or higher

Housing Overview

Median Home Value
$313,200
11% above
US avg: $281,900
Median Rent
$1,382/mo
19% above
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
40,716
Median year built: 1993

Home Value by Source

Census Median
$313,200
Zillow (ZHVI)
$355,098
Median Sale Price
$399,900
Median List Price
$415,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.6%
Owner-Occupied
26.4%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent: $1,382/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
105
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$163

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
73.6%

Complete Housing Data

Home Values

Census Median Value$313,200
Zillow Home Value (ZHVI)$355,098
Median Sale Price$399,900
Median List Price$415,000
Price Per Sq Ft$163

Rent

Census Median Rent$1,382
FMR Studio$732
FMR 1-Bedroom$775
FMR 2-Bedroom$970
FMR 3-Bedroom$1,265
FMR 4-Bedroom$1,457

Market

Days on Market46
Sale-to-List Ratio0.0%
Price Drops23.3%
Homes Sold105
Price Per Sq Ft$163

Ownership & Stock

Owner-Occupied73.6%
Renter-Occupied26.4%
Homeownership Rate73.6%
Total Housing Units40,716
Median Year Built1993
Rent Burden29.3%