Kansas City, MO 64129 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

Market Trends & Context

Key Findings

1. The primary market value signal is the median sold price of $147,000, which represents the representative recent sale level and supports the view of an appreciating local market; with the price year-over-year trend reported as up, sellers can generally expect strengthening price momentum.
2. There is a noticeable gap between the median listing price of $132,500 and the median sold price of $147,000, which may indicate seller pricing expectations that differ from recent transaction levels and could create pricing friction at listing.
3. Liquidity appears mixed: the median days on market of 336 points to slower sales velocity relative to rapid-turn markets, even as the market temperature is characterized as hot; this suggests transactions are occurring at higher prices but may take longer to close, possibly due to selective buyer demand or financing timelines.
4. Rental and valuation context: the median market rent of $1,295 alongside a median price per square foot of $101 signals demand for local rental housing is trending upward (up rent year-over-year), while interest rate pressure is labeled moderate, which may temper but not halt buyer activity in the near term.

Notable Properties

The following 6 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.