Roeland Park, KS 66205 Real Estate Market Report

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

---

Executive Overview

As of February 2026, the real estate market in Roeland Park, KS reflects a median sold price of $387,000, indicating a stable market despite some recent fluctuations. The neighborhood has experienced an upward trend in prices, which may suggest a resilient demand in the face of broader economic conditions. The current market dynamics show a median listing price of $399,000, which creates a notable pricing friction between seller expectations and actual sale prices, potentially impacting buyer sentiment and negotiation strategies.

The market is characterized by elevated inventory levels, with a median days on market of 215, indicating slower sales velocity. This extended period may reflect a cautious buyer approach or a mismatch between pricing and buyer expectations. Overall, the market temperature remains hot, supported by favorable shifts in mortgage rates and a year-over-year increase in both sales prices and rental rates, which may further stimulate buyer interest and investment activity.

---

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

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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

---

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 for Roeland Park KS market are around 5.75% to 6.21% compared to historical 2026 rates which were near 6.21% to 6.8%.

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

---

Key Findings

1. The median sold price in Roeland Park, KS is $387,000, indicating a strong market despite recent price fluctuations.

2. A median listing price of $399,000 suggests potential pricing friction between seller expectations and buyer willingness to pay.

3. With a median days on market of 215, the market is experiencing slower sales velocity, which may indicate cautious buyer behavior.

4. The market temperature is currently hot, supported by favorable mortgage rates and increasing demand.

5. Year-over-year trends show that both sales prices and rental rates are up, suggesting a strengthening market overall.

---

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.