Kansas City, MO 64128 Real Estate Market Report

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

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Executive Overview

The Kansas City housing market in ZIP code 64128 is currently characterized by a median sold price of $105,500, reflecting a stable market despite a slight decrease in average home values over the past year. The neighborhood has decreased 8% since 2022, indicating a trend of softening prices. This decline in sold prices suggests that buyers may be experiencing some pricing friction as they navigate the market, which is currently exhibiting a neutral to slightly warm temperature.

Transaction activity appears moderate, with elevated inventory levels contributing to a slower sales velocity, as evidenced by a median days on market of 383. The market remains balanced, with a relatively constrained active supply compared to sales activity, indicating that while there are opportunities for buyers, the overall liquidity may be affected by the current economic conditions, including elevated interest rate pressure.

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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 Kansas City, MO 64128 are averaging around 6.5% compared to approximately 5.9% in early 2026, indicating a less favorable borrowing environment for new loans.

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 $105,500 indicates a slight decrease in home values, suggesting potential pricing friction for buyers.

2. With a median days on market of 383, the market is experiencing slower sales velocity, which may impact buyer urgency.

3. The median listing price stands at $118,700, reflecting seller expectations that may not align with current buyer sentiment.

4. Rental demand remains robust with a median market rent of $1,530, indicating strong interest in rental properties despite the overall market dynamics.

5. Current interest rate pressure is elevated, with mortgage rates averaging around 6.5%, which may deter some potential buyers from entering the market.

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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.