Kansas City, MO 64128 Real Estate Market Report

ZIP Code: 64128
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City 64128 area average 6.3%, reflecting a stable market environment for property owners compared to early 2026 origination benchmarks.

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. median sold price $76,950 remains the primary indicator of recent transaction value in 64128, and the gap between the median listing price $145,500 and this median sold price may indicate pricing friction between seller expectations and realized sale prices, suggesting sellers may need to adjust pricing to align with recent transactions.

2. The median days on market 211 points to slower sales velocity; coupled with elevated inventory relative to sales activity in the analyzed sample, this suggests the market currently exhibits slower transaction velocity rather than rapid turnover.

3. Pricing context is mixed: the median price per square foot 93.47 alongside a median market rent $1,300 and an upward rent year-over-year trend indicates rental demand is strengthening; investors should note rent growth while reconciling purchase price per square foot with realized sale levels.

4. Market conditions show a neutral balance: the reported market temperature is neutral while interest rate pressure is moderate, and local 30-year fixed mortgage rates average 6.3%, which together suggest a balanced near-term environment where financing costs are a meaningful consideration but are not causing abrupt market shifts.

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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.