Kansas City, MO 64124 Real Estate Market Report

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

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Executive Overview

The median sold price in Kansas City, MO (ZIP: 64124) is $159,000, reflecting a competitive market environment. The neighborhood has increased 8% since 2023, indicating a positive trend in property values. Despite this appreciation, the market is characterized by elevated inventory levels, suggesting a potential imbalance between supply and demand. The median listing price stands at $169,000, which may indicate seller expectations that are not fully aligned with buyer willingness to pay, contributing to slower sales velocity.

The median days on market is notably high at 285 days, which points to a slower transaction pace and suggests that properties are taking longer to sell. This extended timeframe may reflect buyer hesitance in the current economic climate, where interest rate pressure is moderate, with current 30-year fixed mortgage rates averaging 6.09%. Overall, the market remains hot, but the dynamics of elevated inventory and prolonged days on market indicate a need for careful navigation by both buyers and sellers.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City MO market average 6.09% as of February 2026, which is 0.78% lower than the 6.87% average recorded one year prior.

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 $159,000 suggests a competitive market, with prices showing a positive trend as the neighborhood has increased 8% since 2023.

2. Elevated inventory levels indicate excess supply relative to sales activity, which may lead to pricing friction for sellers.

3. With a median days on market of 285 days, the market is experiencing slower sales velocity, suggesting buyers may be more selective.

4. The median listing price of $169,000 indicates potential pricing expectations that may not align with current buyer sentiment, contributing to longer sales periods.

5. Current mortgage rates averaging 6.09% reflect moderate interest rate pressure, which may influence buyer purchasing power and overall market 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.