The housing in Lees Summit, MO (64063) is quite desirable. The median value of homes in this area is $271,100 compared to the US median value of $338,100. This signifies that while homes in Lees Summit are slightly less than the national average, they still remain competitively priced and attractive to potential buyers. Furthermore, in the last year the appreciation rate for homes in Lees Summit was 13.07%, which is higher than the US average of 8.27%. This suggests that investing in a home in this area could prove to be a lucrative decision due to its potential for growth and increase in value over time.
The median home cost in Lees Summit (zip 64063) is $271,100. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Lees Summit (zip 64063) is up 16.3%.
Average Age of Homes
- The median age of Lees Summit (zip 64063) real estate is 37 years old
The Rental Market in Lees Summit (zip 64063)
- Renters make up 32.9% of the Lees Summit (zip 64063) population
- 0.0% of houses and apartments in Lees Summit (zip 64063), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.