Explore Lee's Summit, MO - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
1.29%
Investor Friendly Score
1.29%
Median Price
$312,500

Market Insights

With only 1.5 months of inventory, Lee's Summit remains a seller's market. Home prices have increased 8.1% in the past month alone. At the current pace, all available homes in Lee's Summit would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 21 days to sell, significantly longer than the 11 days typical for this market. Affordability remains a significant challenge in the Lee's Summit market with the affordability index at 21.3. Based on current market indicators, home prices in Lee's Summit are projected to increase by approximately 41.2% over the next month.

Demographics market for - Lee's Summit, MO

Total Population -

97,320

White Population

85.01%

Black Population

8.51%

Mexican80.00% (3.39% of total population)
Puerto Rican2.74% (0.12% of total population)
Cuban1.70% (0.07% of total population)
Dominican0.65% (0.03% of total population)
Salvadoran3.90% (0.17% of total population)
Costa Rican0%
Gautemalan4.27% (0.18% of total population)
Honduran0.41% (0.02% of total population)
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0.56% (0.02% of total population)
Colombian4.94% (0.21% of total population)
Ecuadorian0.61% (0.03% of total population)
Peruvian0%
Uruguyan0%
Venezuelan0.22% (0.01% of total population)

Indian 10.57% (0.45% of total population)
Bangladeshi 0.41% (0.02% of total population)
Chinese 6.98% (0.30% of total population)
Bhutanese 0%
Burmese 0%
Filipino 5.60% (0.24% of total population)
Hmong 0%
Indonesian 0%
Japanese 0.58% (0.02% of total population)
Korean 4.14% (0.18% of total population)
Laotian 0%
Malaysian 0.48% (0.02% of total population)
Mongolian 0%
Nepalese 0%
Pakistani 4.99% (0.21% of total population)
Srilankan 0%
Taiwanese 0.61% (0.03% of total population)
Pakistani 4.99% (0.21% of total population)
Srilankan 0%
Taiwanese 0.61% (0.03% of total population)
Thai 0.70% (0.03% of total population)
Vietnamese 8.94% (0.38% of total population)

Hawaiian0%
Samoan0.95% (0.04% of total population)
Chamorro2.40% (0.10% of total population)
Fijian0%
Marshallese0%

Crime for - Lee's Summit, MO

Sex Offenses100.00%

Larceny/Theft Offenses78.07%
Stolen Property Offenses5.32%
Burglary/Breaking & Entering1.66%
Destruction/Damage/Vandalism of Property9.30%
Motor Vehicle Theft5.65%

Assault Offenses100.00%

Robbery100.00%

Fraud Offenses53.33%
Arson6.67%
Counterfeiting/Forgery40.00%

Real Estate Market Prediction for - Lee's Summit, MO

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