Is now a good time to buy land in Lees Summit, Missouri?
Lees Summit, Missouri is currently a strong buyer's market with 19.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lees Summit, Missouri Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
53
Sold (12M)
25
Median Price
-
Market Condition
Strong Buyer's Market
Lees Summit, Missouri Market Meter
Strong Buyer's Market
19.9 months of supply
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
-
Avg Price/Acre
-
Avg Days on Market
140
Months of Supply
19.9
YoY Price Change
-
New Listings (3M)
32
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 4 | 6 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | 1 | 5 | 7 | 15 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 9 | 14 | 27 |
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.
Market Trends & Analysis
Inventory by Acreage (12 Months)
Sold
For Sale
0-1 acres6 sold / 28 listed
1-2 acres1 sold / 2 listed
2-5 acres15 sold / 9 listed
5-10 acres2 sold / 3 listed
10-20 acres1 sold / 8 listed
20-50 acres0 sold / 3 listed
50-100 acres1 sold / 0 listed
100+ acres1 sold / 1 listed
Median Price by Acreage
No price data available
Key Market Indicators
Total Sales Volume
$0
Last 12 months
Active Listings
53
Current inventory
Avg Days on Market
140
Time to sell
Price Trend (YoY)
-
Year over year
Lees Summit, Missouri Land Market Analysis
What is the months of supply for land in Lees Summit, Missouri?
Lees Summit, Missouri currently has 19.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
What is the absorption rate for land in Lees Summit, Missouri?
The 3-month absorption rate in Lees Summit, Missouri is 5.0%. The 12-month rate is 3.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
What is the total land for sale in Lees Summit, Missouri?
There are currently 53 active listings in Lees Summit, Missouri. 32 new listings have hit the market in the last 90 days. The median asking price is $180K.
What is the total amount sold in Lees Summit, Missouri last year?
Over the past 12 months, Lees Summit, Missouri saw 25 properties sold. In just the last 3 months, 8 properties changed hands.
Is now a good time to invest in land in Lees Summit, Missouri?
The current absorption rate in Lees Summit, Missouri is 5.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Fitz Osborn Real Estate LLC.
How long does it take to sell land in Lees Summit, Missouri?
Land in Lees Summit, Missouri typically sells within 140 days of listing. The median time on market is 55 days. Properties are moving slowly in the current strong buyer's market.
Data Sources & Accuracy
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
Land in Lees Summit
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