Kansas City, MO 64124 Real Estate Market Report

ZIP Code: 64124
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Kansas City housing market in April 2026 is characterized by a median sold price of $153,000, reflecting a stable environment with a slight appreciation trend. This price point indicates a healthy demand relative to the available inventory, as evidenced by the year-over-year price trend being reported as up. The market appears to be maintaining a balanced state, with a slight inclination towards sellers due to lean inventory levels, which may suggest a competitive landscape for buyers.

Transaction velocity is currently moderate, with median days on market at 577, indicating slower sales activity. This extended timeframe could reflect a combination of elevated inventory levels and buyer caution amidst moderate interest rate pressure, which is currently averaging 6.81% for 30-year fixed mortgages. Overall, the market conditions suggest a stable environment, but with some caution warranted due to the slower pace of transactions and the potential impact of interest rates on buyer affordability.

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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 in Kansas City are averaging 6.81% compared to the early 2026 average of 6.10%.

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 of $153,000 indicates a stable market with slight appreciation.

2. Transaction velocity is slower, with median days on market at 577, suggesting moderate sales activity.

3. The median listing price stands at $175,000, creating a notable gap that may indicate pricing friction</Highlight.

4. Rental demand remains strong, with a median market rent of $1,530, reflecting a growing rental market.

5. Interest rate pressure is moderate, with current mortgage rates at 6.81%, which may affect buyer affordability and 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.