Is Lee's Summit Still a Seller's Market in 2026?

Yes — and the numbers back it up. A balanced market has about 4–6 months of inventory. Lee's Summit has just 2.35 months right now.

That means demand is still outpacing supply. There are currently 313 active listings in Lee's Summit, with a median list price of $585,000. But homes that are priced right aren't sitting. According to RPR market data from May 2026, the median days on market for sold homes was just 21 days — and that number actually dropped from the prior month.

If you've been thinking about selling, this is a market that's still working in your favor.

What Did Homes Actually Sell For in Lee's Summit Last Month?

Sellers got everything they asked for — and then some. The median sold price in May 2026 was $440,000, and homes closed at 100.1% of list price on average.

That means buyers are paying full asking price or slightly over. In May, 167 single-family homes sold in Lee's Summit, totaling $82.85 million in sales volume — up 18.8% from April. That's a healthy, active market. Accurate pricing matters more than ever. Price it right and you'll get top dollar fast.

How Fast Are Homes Selling in Lee's Summit?

Fast. The median days to contract was 21 days in May 2026. That's actually quicker than the month before.

New pending listings went under contract in an average of just 14 days — barely two weeks from list to signed contract. New listings hit the market at a median price of $475,000, with 174 homes coming on in May. If you're a buyer, you've got to be pre-approved and ready to go the day a home hits the market. Waiting a week often means missing out.

What Is My Lee's Summit Home Worth Right Now?

More than it was a year ago. The median estimated property value in Lee's Summit is $427,250 as of May 2026 — up 2.6% over the past 12 months. (Source: RPR Public Records and Listings)

Your actual value depends on your neighborhood, condition, and size. Homes in Lee's Summit are averaging $185 per square foot for sold properties. The typical home that sold in May was around 2,534 square feet. If you've owned your home for several years, you've likely built significant equity. A quick market analysis can tell you exactly where you stand.

Should Buyers Be Worried About Lee's Summit's Housing Market?

It's competitive, but it's not impossible. You do need to be prepared. With homes selling in 21 days at full list price, there's not a lot of room to negotiate.

The good news? There are 313 active listings right now — more choices than we had a couple of years ago. The median active list price is $585,000, which reflects a mix of higher-end and move-up homes still available. Work with an agent who knows Lee's Summit, get pre-approved first, and don't hesitate when you find the right house.

By the Numbers

May 2026 | Lee's Summit Single-Family Homes | Source: Realtors Property Resource®, LLC

• Median Sold Price: $440,000 — up 5.8% from April 2026

• Sold to List Price: 100.1% — sellers are getting full asking price

• Median Days on Market: 21 days — homes sell in about 3 weeks

• Months of Inventory: 2.35 — well below the 4–6 month balanced market range

• Active Listings: 313 homes, median list price $585,000

• New Listings in May: 174 homes at a median list price of $475,000

• Median Estimated Home Value: $427,250 — up 2.6% year over year

• Median $/Sqft (Sold): $185 — up 1.6% from last month

• Total May Sales Volume: $82.85M — up 18.8% month over month

The Bottom Line

Lee's Summit's housing market is healthy, active, and still tilted toward sellers. Homes are selling fast and at asking price. If you're a homeowner wondering whether now is a good time to sell, the short answer is yes — but the details matter. If you're a buyer, don't get discouraged. With the right agent and the right preparation, you can absolutely win in this market.

Frequently Asked Questions

Is Lee's Summit a buyer's or seller's market right now? It's a seller's market. With only 2.35 months of inventory as of May 2026, demand is outpacing supply. Homes are selling at full list price in about 21 days. (Source: RPR, May 2026)

What is the average home price in Lee's Summit, MO? The median sold price was $440,000 in May 2026 for single-family homes. The median estimated property value across all homes is $427,250. Prices are up 2.6% over the last 12 months.

How long does it take to sell a house in Lee's Summit? Based on May 2026 data, the median days on market was 21 days for sold listings. New pending listings went under contract in just 14 days on average.

Are home prices going up in Lee's Summit? Yes. The median sold price is up 5.8% month over month as of May 2026, and home values have appreciated 2.6% over the past year. (Source: RPR, May 2026)

Is it a good time to buy a home in Lee's Summit? Buyers face competition, but there are 313 active listings available. The key is being pre-approved, working with a local agent, and being ready to act quickly when you find the right home.

Mark Wiesemann, Realtor® | RE/MAX Heritage C: 816-914-2845 | O: 816-224-8484 mark@markwiesemann.com | markwiesemann.rmxheritage.com

Serving Lee's Summit, Blue Springs, Independence, Grain Valley, Oak Grove, Raymore, and the greater Kansas City metro.

Ready to talk about your home's value or your next move? Call or text me today.