Kansas City, MO 64129 Real Estate Market Report

ZIP Code: 64129
Report Date: May 2026
Market Temperature: HOT
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

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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 64129 area are averaging 6.37%, reflecting a stable market environment for property owners in this region.

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 neighborhood's primary market indicator, the median sold price, is $144,900, which sits below the median listing price of $150,000, suggesting a listing-to-sale gap that may indicate pricing friction between seller expectations and recent transaction values.

2. The median sold price of $144,900 combined with a long median days on market of 206 days suggests slower sales velocity; paired with elevated inventory relative to sales activity, this may indicate slower transaction volume rather than immediate demand exhaustion.

3. The median sold price of $144,900 is occurring in a market described as hot, with price year-over-year trend listed as up and rent year-over-year trend also up; this signals continued upward pressure on valuations even as sales pace moderates — hot.

4. The median sold price of $144,900 should be evaluated against financing conditions: current local 30-year fixed mortgage rates are averaging 6.37%, and interest rate pressure is described as moderate, which may moderate buyer affordability and influence near-term demand.

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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.