Kansas City, MO 64114 Real Estate Market Report

ZIP Code: 64114
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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.

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Key Findings

1. The primary market value indicator is the median sold price of $217,950, which represents the most recent transaction-level signal and should be treated as the representative recent sale for valuation work; use sold prices over listing prices when setting comps or offers.

2. There is a sizable spread between the median listing price ($265,000) and the median sold price ($217,950), which may indicate pricing friction or seller expectations not yet aligned with completed transaction levels; pricing gap suggests cautious negotiation leverage for buyers when supported by comps.

3. Market velocity appears slow based on a median days on market of 279, which combined with elevated inventory relative to sales in the sample suggests slower sales velocity and longer marketing windows for SFR and condo listings — price patience may be required to close deals.

4. Price momentum and rental context are mixed but generally positive: year-over-year price trend is up and rent year-over-year trend is up, while market temperature is neutral and interest rate pressure is moderate; together these indicators suggest a balanced market where select listings priced to market may transact efficiently while others require concessions.

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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.