Kansas City, MO 64114 Real Estate Market Report

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

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Executive Overview

As of April 2026, the real estate market in Kansas City, MO (ZIP: 64114) is characterized by a median sold price of $269,000, reflecting a robust demand and a healthy appreciation trend. The neighborhood has increased 15% since 2023, indicating strong market performance and buyer interest. The median listing price stands at $237,500, suggesting a notable pricing gap that may provide insights into seller expectations versus actual transaction outcomes.

Market conditions are currently described as hot, with homes selling relatively quickly, although buyers may find slightly more negotiation power compared to peak periods. The median days on market is 348, which indicates a slower sales velocity, potentially due to elevated inventory levels. This situation suggests a dynamic market where buyers are active, but the excess supply relative to sales activity may create opportunities for strategic negotiations.

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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 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.

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Key Findings

1. The median sold price of $269,000 indicates strong market demand and appreciation in Kansas City, MO (ZIP: 64114).

2. With a median listing price of $237,500, there is a notable pricing gap that may suggest pricing friction between seller expectations and market realities.

3. The median days on market of 348 reflects a slower sales velocity, indicating that while demand is strong, properties may take longer to sell due to elevated inventory levels.

4. The market temperature is classified as hot, suggesting that buyers are actively pursuing properties despite the longer time frames for sales.

5. Rental demand remains robust with a median market rent of $1,830, indicating a strong rental market that complements the sales activity.

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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.