The housing market in 64086 Lees Summit, MO is currently thriving. The median value of homes in the area is $334,400, which is slightly lower than the United States house median value of $338,100. However, Lees Summit has seen a much larger appreciation rate over the past year at 13.07%, compared to 8.27% nationally. This high rate of appreciation shows that the housing market in Lees Summit is very strong and shows no signs of slowing down anytime soon.
The median home cost in Lees Summit (zip 64086) is $334,400. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Lees Summit (zip 64086) is up 16.3%.
Average Age of Homes
- The median age of Lees Summit (zip 64086) real estate is 29 years old
The Rental Market in Lees Summit (zip 64086)
- Renters make up 21.9% of the Lees Summit (zip 64086) population
- 2.6% of houses and apartments in Lees Summit (zip 64086), 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.