Kansas City, MO 64109 Real Estate Market Report

ZIP Code: 64109
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Kansas City, MO (ZIP: 64109) reflects a median sold price of $212,500, indicating a stable transaction environment despite the challenges presented by rising inventory levels. The market has seen a year-over-year trend of prices that is up, suggesting resilience in overall property values. However, the median days on market stands at a notably high 265 days, which may indicate slower sales velocity and a potential adjustment period for sellers to align with buyer expectations.

The current market conditions reveal elevated inventory levels relative to sales activity, characterized by a moderate sales environment. While the median listing price is $225,000, the significant gap between listing and sold prices may indicate pricing friction as sellers adjust to the evolving market dynamics. Overall, the market temperature is assessed as neutral, reflecting a balance between supply and demand, albeit with a cautious outlook due to the extended time properties are remaining on the market.

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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

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City MO 64109 area average around 6.21% compared to recent averages near 5.75% seen in February 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 $212,500 reflects a stable market environment, despite elevated inventory levels.

2. With a median days on market of 265 days, the market is experiencing slower sales velocity, indicating potential pricing adjustments may be necessary.

3. The median listing price of $225,000 suggests a notable gap compared to sold prices, which may create pricing friction for sellers.

4. Rental growth remains up, with a median market rent of $1,777, indicating ongoing demand in the rental sector despite some localized declines.

5. The market temperature is currently neutral, suggesting a balanced state between supply and demand, yet caution is warranted due to the elevated inventory relative to sales activity.

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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.