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Lee's Summit, MO Properties

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Find, analyze, and compare Lee's Summit, MO investment properties, including off-market opportunities and residential homes with value-add potential. Lee's Summit offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Missouri. Explore housing market trends in Lee's Summit, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Lee's Summit, MO for your real estate goals.

In Lee's Summit, the median property value currently stands at $370,436, reflecting a 1.21% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $427,140 (a 0% gain). The housing market includes a total of 37,541 houses.The median home in Lee's Summit has 1,859 square feet of living space, priced at a median of $194 per square foot with a median year built of 1994. For long-term rental properties in Lee's Summit, the median annual gross rental income is $25,200 (or $2,100/month) with estimated operating expenses of $9,882, resulting in an approximate gross cap rate of 4.32%.

Property Intel by Whitepages helps investors and homeowners explore the Lee's Summit area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Lee's Summit, MO.

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Housing Market Trends & Statistics for Lee's Summit, Missouri

Median Property Value
$370,436
Total number of Properties
37,541
Median Living Space
1,859 sq ft
Median Year Built
1994 (31 years)
5-Year Appreciation Forecast
$427,140
Median Lot Size
10,697 sq ft
Average Ownership
1 year
for Lee's Summit, MO
  • Est. Rental Income
    $25,200 ($2,100 per month)
  • Net Operating Income
    $15,318 ($1,277 per month)
  • Cap Rate
    4.32%

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