Kansas City, MO 64124 Real Estate Market Report

ZIP Code: 64124
Report Date: May 2026
Market Temperature: HOT
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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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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 primary market indicator is the median sold price 201,000, which represents the most reliable measure of recent transaction value and suggests modest price strength given the reported up price trend.

2. Liquidity appears constrained by slow turnover: the median days on market 223 points to materially slower sales velocity and may indicate pricing friction or limited buyer movement despite recent transaction activity.

3. Market balance shows tension between listing expectations and realized sales: the median listing price 199,000 sits close to the median sold price, while the layer B marketTemperature labeled hot suggests persistent upward pressure on pricing and competition among buyers in some segments.

4. Macro and rental signals add caution: interest rate pressure elevated may weigh on purchasing power even as the median market rent 900 and the rent year-over-year trend up point to strengthening rental demand; combined with the sampled elevated inventory relative to sales, this mix suggests selective opportunities rather than broad market strength.

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Notable Properties

The following 5 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.