Kansas City, MO 64127 Real Estate Market Report

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

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

Key Findings

1. The most reliable market signal is the <b>median sold price</b> of 65,000, which indicates recent transaction-level market value and should be prioritized over asking prices when setting competitive offers and underwriting acquisitions.
2. There is a notable gap between the median listing price of 127,500 and the <b>median sold price</b> of 65,000, which may indicate pricing friction and mismatched seller expectations versus realized market values; consider structuring offers and negotiations to account for this spread. moderate pricing disconnect
3. Liquidity appears slow based on the <b>median days on market</b> of 259, which suggests extended marketing time and slower sales velocity; sellers may need staged pricing or concessions to accelerate closings, while buyers can use longer timelines to negotiate. slower transaction pace
4. Market fundamentals show upward pressure: the market temperature is hot and the price year-over-year trend is up, while rent is also rising and interest rate pressure is elevated; for investors, this implies rising rents (median market rent 1,150) but higher financing costs—underwrite with conservative rate scenarios. demand-driven price growth

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.