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) reflects a median sold price of $100,000, indicating a stable transaction environment. The market has experienced an upward trend in prices, suggesting a competitive landscape for buyers. The neighborhood has increased up since 2023, contributing to a perception of value retention despite the broader economic pressures.

Market activity appears to be characterized by elevated inventory levels, with a notable median days on market of 235 days, indicating slower sales velocity. This extended timeframe may suggest a disconnect between seller expectations and buyer readiness, particularly in light of elevated interest rate pressure, which is currently around 6.00%. The rental market remains robust, with a median market rent of $1,530, further influencing buyer decisions as they weigh the costs of purchasing against rising rental prices.

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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 in the Kansas City market around 6.00% are notably lower than the forecasted 2026 average of 6.5%, presenting a cost advantage 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. The median sold price of $100,000 indicates a stable market, reflecting recent transaction activity.

2. With a median days on market of 235 days, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price stands at $135,000, creating a notable gap compared to the sold price, which may indicate caution among sellers.

4. The median market rent of $1,530 is up, reinforcing strong rental demand and influencing buyer behavior.

5. Current interest rates around 6.00% are elevated, which may pressure affordability and impact 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.