Kansas City, MO 64109 Real Estate Market Report

ZIP Code: 64109
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.

---

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

---

Property Taxes

---

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.

---

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 the Kansas City 64109 area are approximately 6.35%, reflecting the prevailing market environment for property owners in this region.

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

---

Key Findings

1. The neighborhood's primary market value indicator is the median sold price of $191,250, which represents recent transaction activity and should be treated as the most reliable price signal for appraisals and offers; note the median listing price of $219,900 exceeds that sold benchmark, which may indicate seller price expectations above recent transaction levels.

2. The market shows sustained upward momentum in valuations—price year-over-year trend: up—yet liquidity appears mixed: the median days on market is 218, suggesting slower sales velocity and pricing friction despite the broader market temperature being hot, and there is elevated inventory relative to sales activity.

3. Rental fundamentals are supportive for investors: the median market rent is $1,095 and rent year-over-year trend is up, which supports demand-driven rent growth without implying specific yields or returns.

4. Use median price per square foot $120 as a local valuation benchmark when evaluating comparables, and factor in moderate financing headwinds—interest rate pressure: moderate—which suggests some buyer sensitivity to rate moves even as prices trend higher.

---

Notable Properties

The following 4 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.