Kansas City, MO 64111 Real Estate Market Report

ZIP Code: 64111
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Kansas City, MO (ZIP: 64111) is currently $315,000, reflecting a stable market despite a backdrop of elevated inventory levels. The neighborhood has shown an upward price trend, with properties appreciating over recent periods. This indicates a healthy demand relative to the available supply, although the pace of appreciation appears to be moderating compared to previous peaks.

Market activity is characterized by a median days on market of 254, suggesting a slower sales velocity. The current market temperature is assessed as neutral, indicating a balance between buyer and seller expectations. With a median listing price of $364,450, there is a noticeable gap between asking and sold prices, which may suggest some pricing friction as sellers adjust to market realities. Overall, while the market remains active, the dynamics indicate a careful approach for both buyers and sellers as they navigate the current landscape.

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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

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.

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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 around 6.19% are slightly lower than the average 6.3% rates seen earlier in 2026, presenting a minor cost opportunity for Kansas City MO property owners.

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 is $315,000, indicating stable market conditions despite elevated inventory levels.

2. The median listing price of $364,450 suggests a gap that may create pricing friction for sellers adjusting expectations.

3. Properties are spending a median of 254 days on market, reflecting a slower sales velocity in the current environment.

4. The median market rent is $1,720, showing a growing rental demand in the area.

5. Market temperature is currently assessed as neutral, indicating a balanced market where neither buyers nor sellers hold a distinct advantage.

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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.