Roeland Park, KS 66205 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. Median sold price is unavailable in the provided metrics, and since sold-price data is the primary indicator of realized market value, the narrative below relies on listed-price signals, days-on-market, and trend indexes to interpret recent transaction activity and valuation — the absence of a reported median sold price may indicate limited closed-sale sampling in the dataset or a timing mismatch between listings and recorded sales. data gap
2. Median listing price 405,000 combined with an exceptionally long median days on market 1,633 suggests a disconnect between asking prices and transaction velocity; despite the market temperature being hot, the long days on market appears to indicate pricing friction or stale supply that may indicate slower sales velocity in segments of the SFR/condo market.
3. Trend indexes show both price and rent trajectories are positive — price year-over-year trend up and rent year-over-year trend up — which, together with a median market rent 2,165 and median price per square foot 218, supports continued upward pressure on values and rental rates; however, elevated interest costs (see elevated interest rate pressure) may temper transaction activity and buyer affordability.
4. The sampled inventory context indicates elevated inventory relative to sales activity, which, when paired with the other signals (hot market temperature but long days on market), suggests selective buyer demand: well-priced, conditioned listings are likely to transact, while others may linger, creating opportunities for price negotiation and targeted pricing adjustments.

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.