Lee's Summit, MO Real Estate
According to census data in the year 2000 there were 27,392 housing units in Lee's Summit.
This represents a 46.1% growth from 18,755 in 1990.
Of those housing units, 26,474 were located in either urbanized areas or urban clusters, and 918 were located in what is classified as a rural area.
Homeownership rate in Lee's Summit is about 75.7%.
Lee's Summit's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Lee's Summit were built after 1984.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 2.20% |
| One Bedroom | 7.60% |
| Two Bedrooms | 15.60% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 26.90% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
Average Household Size | 2.86 |
Median year structure was built | 1988 |
Median Value of occupied units | $131,500 |
Median Price asked for vacant units | $146,400 |
Rented Homes, Apartments and Condos
Average Household Size | 2 |
Median year structure was built | 1977 |
Median Monthly Rent asked for vacant units | $682 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 66.80% |
| Debt Free | 15.30% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |