Kansas City, MO 64111 Real Estate Market Report

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

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

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

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

Key Findings

1. median sold price (unavailable) — A representative recent sale price is not reported in the provided dataset, so the median sold price cannot be stated; this absence may reflect a lack of reported closed transactions in the sample window or incomplete transaction reporting rather than zero market activity. data gap on closed sales
2. median listing price: $256,975 — Current asking prices are consistent with the upward price trend (price year-over-year trend: up), suggesting modest appreciation pressure from comparable listings even though closed-sale confirmation is unavailable.
3. median days on market: 1,560 — The very long median days on market points to substantially slower sales velocity in the analyzed sample and, together with elevated inventory relative to sales activity, suggests notable pricing friction that sellers should address through realistic pricing or concessions. slower transaction velocity
4. median market rent: $1,232 and financing context: Current 30-year fixed mortgage rates are averaging 6.58% — Rents are rising (rent year-over-year trend: up), which supports hold-market fundamentals for investors, but elevated interest rate pressure and the 6.58% financing environment increase carrying costs and may temper buyer purchase power. mixed signals: rising rents vs. elevated rates

Notable Properties

The following 3 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.