🏡 Lee's Summit Real Estate Market Recap Week of May 11, 2026

Q: What This Means for Sellers

Good news for Lee's Summit sellers: home prices are up 3.5% year-over-year, and well-priced homes are still going under contract in as little as 10 days. Hot homes are selling for up to 2% above list price and going pending in as few as 3 days. However, with inventory up nearly 20% year-over-year and 46.3% of homes selling under list price, the window of pricing aggressively without consequence is closing. Strategic pricing and strong presentation are more critical than ever. Bottom line for sellers: Price it right from day one, ensure your home shows perfectly, and make sure your roof and big-ticket items are addressed before listing.

houstonzizza
May 11
2 min read

The Lee's Summit market is active heading into mid-May. With spring inventory rising and buyers still competing for well-priced homes, here's everything you need to know about the current Kansas City metro real estate market in Lee's Summit this week.

Key Market Stats — May 2026

Metric	Data
Median Sale Price	$413,500
Average Home Value	$390,166
Median List Price	$459,950
Active Listings	670
Median Days on Market	33–36 Days
Median Days to Pending	10 Days
Sale-to-List Price Ratio	100%
Homes Sold Over List Price	28.6%
Year-Over-Year Price Change	+3.5%
Inventory Change (YoY)	+19.8%

What This Means for Sellers

Good news for Lee's Summit sellers: home prices are up 3.5% year-over-year, and well-priced homes are still going under contract in as little as 10 days. Hot homes are selling for up to 2% above list price and going pending in as few as 3 days.

However, with inventory up nearly 20% year-over-year and 46.3% of homes selling under list price, the window of pricing aggressively without consequence is closing. Strategic pricing and strong presentation are more critical than ever.

Bottom line for sellers: Price it right from day one, ensure your home shows perfectly, and make sure your roof and big-ticket items are addressed before listing.

What This Means for Buyers

Buyers in Lee's Summit have more options than they've had in years — 670 active listings across all price points. The market is competitive but not impossible. The average home is selling right at list price, meaning negotiation is back on the table for buyers on homes that have been sitting.

First-time buyers: don't forget there are programs available to help you get into a Lee's Summit home with little to no money down. Ask us about MHDC and local down payment assistance programs.

Neighborhood Snapshot

Neighborhood	Median List Price	Avg. Days on Market
Downtown Lee's Summit	$275,000	46 days
Oaks Ridge Meadows	$475,000	15 days
Raintree Lake	$389,000	33 days
Stoney Creek Estates	$519,950	22 days
Arborwalk	$579,995	61 days
Park Ridge	$682,400	91 days
Woodland Shores	$879,455	122 days

Houston's Take — Week of May 11

"We're in a two-speed market right now in Lee's Summit. Homes that are priced right and show well are still moving fast — sometimes within days. But overpriced or unprepared homes are sitting, and buyers know it. If you're thinking about selling, let's talk strategy before you list. And if you're buying, there's more inventory to work with than we've seen in years. This is a great window to find your home." — Houston Zizza, My Mo Homes | Keller Williams Platinum Partners

Ready to make your move? Call or text us today. MyMoHomes.com

Data sourced from Zillow, Redfin, and Realtor.com — Week of May 11, 2026