Roeland Park, KS 66205 Real Estate Market Report

ZIP Code: 66205
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Roeland Park, KS are averaging 6.81%, which is 1.31% higher than the average rate of 5.50% observed in early March 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $327,000 reflects a strong appreciation in home values, with a notable increase of 15% since 2023.

2. With a median days on market of 744, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. Elevated inventory levels indicate excess supply relative to sales activity, which may lead to negotiation opportunities for buyers.

4. The median market rent stands at $1,920, highlighting a robust rental market that complements the sales environment.

5. Current mortgage rates are 6.81%, which is 1.31% higher than earlier this year, contributing to elevated interest rate pressure affecting buyer decisions.

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Notable Properties

The following 8 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.