GemHausNew report

Roeland Park, KS 66205 Real Estate Market Report

ZIP Code: 66205
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
12 Months
Total Properties Analyzed
10
Active Listings
8
Sold Properties
2

Market Metrics

Median Listing Price
$435,000
Median Sold Price
$248,000
Median Price per Sqft
$229/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,499

Property Taxes

Property Tax Rate
1.24%

Liquidity & Velocity

Median Days on Market
217

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
down
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. median sold price is unavailable in the provided metrics, which limits transaction-based valuation clarity; this likely reflects the very small sample of recent closed sales in the dataset and suggests caution when using listing-based signals to infer realized market value. moderate confidence dataset

  2. median listing price: $435,000 stands as the primary available price indicator for seller expectations, but pricing clarity is weakened by a long median days on market: 217, which may indicate pricing friction and slower sales velocity rather than immediate demand absorption; the broader price environment is showing down year-over-year momentum.

  3. market temperature: hot coexists with rising rents—median market rent: $2,499 and a rent year-over-year trend of up—implying strong rental demand and potential investor interest even as for-sale transaction signals are mixed; note interest rate pressure is moderate, which may temper buyer financing capacity.

  4. Sample-level supply dynamics indicate excess supply relative to sales activity, and the median price per square foot: $229 suggests a defined price band where listing and sale negotiations are likely to focus as the market balances elevated active supply against continued hot market conditions.


Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

5300 Sycamore Dr, Roeland Park, KS 66205
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
1 baths
1,392 sqft
$253,483
Feb 1, 2026
$182/sqft/sqft
3721 W 48th St, Roeland Park, KS 66205
Value

Sold below market average

3 beds
1 baths
1,418 sqft
$200,000
Mar 1, 2026
$141/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$916/mo
66205 Avg Rent
66205 Cost to Own
Rent$2,499
Own$1,583

20% down, 6.5% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

66205 Avg nightly rate
66205 Avg occupancy (days/year)
Nightly rate$164/night
Occupancy133 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

GemHaus

Get personalized market intelligence

Analyze properties in Roeland Park, KS with valuations, rental estimates, highest-and-best-use signals, and operating costs.