The housing market in Lees Summit, MO (64064) is a strong one, with the median value of a house at $425,300. This is significantly higher than the US median value of $338,100. On top of that, the 1 year appreciation rate for houses in Lees Summit was 13.07%, compared to 8.27% across the United States as a whole. The strength and stability of the housing market in Lees Summit makes it an attractive destination for prospective homeowners looking for a safe investment in real estate.
The median home cost in Lees Summit (zip 64064) is $425,300. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Lees Summit (zip 64064) is up 16.3%.
Average Age of Homes
- The median age of Lees Summit (zip 64064) real estate is 23 years old
The Rental Market in Lees Summit (zip 64064)
- Renters make up 17.4% of the Lees Summit (zip 64064) population
- 2.2% of houses and apartments in Lees Summit (zip 64064), 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.