Kansas City, MO 64128 Real Estate Market Report

ZIP Code: 64128
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Kansas City, MO (ZIP: 64128) shows a median sold price of $100,000, reflecting a stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values. This appreciation is supported by a market characterized by elevated inventory levels relative to sales activity, suggesting a competitive landscape for buyers but also opportunities for sellers to capitalize on current pricing dynamics.

The median days on market stands at 236 days, indicating a slower sales velocity, which may suggest that buyers are taking their time to make decisions in the current market. Despite the elevated inventory, the market temperature remains hot, driven by a favorable interest rate environment and positive economic conditions in key sectors such as tech and healthcare. This combination of factors positions the market for continued activity, albeit with caution regarding the balance between supply and demand.

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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

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.

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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 near 5.88% in the Kansas City market are favorable compared to the 2026 average rate of 6.375% seen earlier this year.

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 $100,000 indicates a stable market with positive appreciation trends.

2. With 236 days on market, the sales velocity is slower, suggesting buyers are exercising caution in their purchasing decisions.

3. Elevated inventory levels may create pricing friction, impacting the negotiation dynamics between buyers and sellers.

4. The median market rent of $1,530 reflects a strong rental demand, supporting property values in the area.

5. Current mortgage rates around 5.88% are favorable compared to earlier averages, potentially stimulating buyer 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.