Kansas City, MO 64114 Real Estate Market Report

ZIP Code: 64114
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Kansas City, MO (ZIP: 64114) is characterized by a median sold price of $309,900, reflecting a stable market despite elevated inventory levels. The neighborhood has increased up since 2023, indicating a positive trend in property values. With a median days on market of 159, the market exhibits slower sales velocity, suggesting that buyers are taking their time to make decisions amidst the current economic conditions.

The overall market temperature remains neutral, with moderate transaction volume and elevated inventory relative to sales activity. This suggests a balanced environment where buyers have more options, yet sellers may need to adjust expectations to align with current market dynamics. The median listing price stands at $275,000, indicating a notable gap between asking and sold prices, which may reflect seller optimism in a shifting market 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 near 6.0% in the Kansas City MO market are 0.84% lower than the 6.85% average seen one year ago, indicating a cost opportunity for refinancing.

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. $309,900 is the current median sold price, indicating a stable market despite elevated inventory levels.

2. The median days on market is 159, suggesting slower sales velocity and potential pricing friction for sellers.

3. The median listing price of $275,000 shows a gap compared to the sold price, indicating seller expectations may need adjustment.

4. The market temperature is neutral, reflecting balanced conditions with moderate transaction volume.

5. Elevated interest rate pressure remains a concern, impacting buyer behavior and overall market dynamics.

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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.