Kansas City, MO 64109 Real Estate Market Report

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

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Executive Overview

As of March 2026, the real estate market in Kansas City, MO (ZIP: 64109) reflects a median sold price of $206,950, indicating a stable market despite localized price pressures. The neighborhood has increased up since 2023, suggesting a positive trend in property values. However, the market exhibits slower sales velocity, with properties remaining on the market for a median of 530 days, which may indicate elevated inventory levels relative to sales activity.

The current market conditions are characterized by elevated interest rate pressure, with mortgage rates averaging between 6.38% and 6.63%. This environment may be impacting affordability and buyer sentiment, contributing to a more cautious approach among potential buyers. Despite these challenges, the overall economic fundamentals in the area appear resilient, supporting a relatively stable market compared to broader national trends.

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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 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 market average around 6.38% to 6.63%, which is higher than the 5.50%-5.75% lows forecasted for mid-2026, indicating property owners locked in a more favorable rate recently.

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 $206,950 reflects a stable market environment, indicating resilience in property values.

2. Properties are experiencing a median days on market of 530, suggesting slower sales velocity and potential pricing friction.

3. The median listing price stands at $200,000, which may indicate seller expectations that are slightly misaligned with current market realities.

4. Elevated interest rate pressure is evident, with current mortgage rates between 6.38% and 6.63%, potentially affecting buyer affordability and demand.

5. The median market rent is $1,653.50, which is up year-over-year, suggesting a strengthening rental market despite broader economic pressures.

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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.