Kansas City, MO 64127 Real Estate Market Report

ZIP Code: 64127
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of April 2026, the real estate market in Kansas City, MO (ZIP: 64127) is characterized by a median sold price of $107,000, reflecting a slight decline in home values. This trend suggests that the neighborhood has decreased in value, aligning with the broader market observation of modest price appreciation in the Kansas City metro area. The median listing price stands at $120,000, indicating a notable gap between seller expectations and actual market transactions, which may contribute to pricing friction in the current environment.

The market is experiencing 374 median days on market, indicative of slower sales velocity and elevated inventory levels. With a neutral market temperature, the conditions suggest a balance between supply and demand, although the presence of excess supply relative to sales activity may indicate challenges for sellers. Overall, the market appears to be stabilizing, yet the downward pressure on home values and prolonged market times highlight the need for strategic pricing and marketing approaches.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

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.

---

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.

---

Key Findings

1. The median sold price of $107,000 indicates a decrease in home values, reflecting current market challenges.

2. With a median listing price of $120,000, there is a significant gap between asking prices and actual sales, suggesting potential pricing friction.

3. The median days on market of 374 points to a slower sales velocity, which may deter potential buyers.

4. The market temperature is currently neutral, indicating a balance between supply and demand, but with signs of excess supply relative to sales activity.

5. The median market rent of $1,530 remains strong, suggesting ongoing rental demand despite the overall market's downward trend in home values.

---

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.