Kansas City, MO 64127 Real Estate Market Report

ZIP Code: 64127
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: 64127) currently stands at $113,000, reflecting a competitive market where actual transactions are occurring at this price point. Despite the $120,000 median listing price, the gap suggests some pricing friction as sellers adjust expectations to align with buyer sentiment. The neighborhood has experienced an upward price trend, indicating a resilient market, although the specific historical price change percentage is not available for reference.

Market velocity appears to be slower, with properties spending a median of 220 days on market. This extended timeframe may indicate a need for sellers to be more flexible in negotiations, especially given the elevated inventory levels relative to sales activity. The current market temperature is classified as hot, suggesting strong demand, but the elevated interest rate pressure is likely keeping some potential buyers out of the market, contributing to a modest pace of sales.

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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 market are around 5.74% to 6.21% compared to historical 2026 rates which were slightly higher, presenting a cost opportunity for recent borrowers.

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. $113,000 is the current median sold price, indicating a competitive market despite some pricing friction with the median listing price at $120,000.

2. Properties are spending a median of 220 days on market, suggesting slower sales velocity and potential buyer hesitance.

3. The market temperature is currently hot, reflecting strong demand in the face of elevated interest rate pressure.

4. The median market rent is $1,530, which has shown an upward trend, indicating sustained rental demand in the area.

5. Overall, the market exhibits elevated inventory levels relative to sales activity, suggesting a need for sellers to adjust expectations.

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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.