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Kansas City, MO 64129 Real Estate Market Report

ZIP Code: 64129
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The Kansas City, MO (ZIP: 64129) market is characterized by a median sold price of $140,000, reflecting a competitive landscape despite a slight dip in prices earlier this year. The neighborhood has shown resilience with a year-over-year price trend that is up, indicating ongoing demand and a potential for future appreciation. The median days on market stands at 409, suggesting a slower sales velocity, which may indicate a need for strategic pricing adjustments by sellers to enhance liquidity in the market.

Current inventory conditions reveal elevated levels of supply relative to sales activity, with a notable median listing price of $141,987.50. This pricing gap between listing and sold prices may create friction for sellers, as the market appears to be shifting towards a more balanced state. With a strong rental demand reflected in the median market rent of $1,530, the local economy remains stable, suggesting opportunities for both buyers and investors in the coming months.


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.

Analysis Window
90 Days
Total Properties Analyzed
54
Active Listings
25
Sold Properties
29

Market Metrics

Median Listing Price
$141,988
Median Sold Price
$140,000
Median Price per Sqft
$130/sqft

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.


Rental Market

Median Market Rent
$1,530
Rent Range
$1,002 - $1,777

Property Taxes

Property Tax Rate
1.56%

Liquidity & Velocity

Median Days on Market
409
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The median sold price of $140,000 indicates a competitive market, with prices showing a year-over-year increase.

  2. A median days on market of 409 suggests a slower sales velocity, which may require sellers to adjust their pricing strategies for improved liquidity.

  3. Current conditions reflect elevated inventory levels, indicating excess supply relative to sales activity, which could impact future pricing dynamics.

  4. The median listing price of $141,987.50 presents a notable gap compared to the sold price, suggesting potential pricing friction for sellers.

  5. Strong rental demand is evidenced by a median market rent of $1,530, highlighting opportunities for investors in the rental market.


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.

Recent Transactions

8705 E 53rd Ter, Kansas City, MO 64129
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
1 baths
1,300 sqft
$270,000
Feb 1, 2026
$208/sqft/sqft
149 days on market
4958 Marsh Ave, Kansas City, MO 64129
Premium

Sold above market average

4 beds
2 baths
1,581 sqft
$249,950
Jan 1, 2026
$158/sqft/sqft
240 days on market
5403 Skiles Ave, Kansas City, MO 64129
Market Benchmark

Sold at market average

3 beds
1 baths
1,623 sqft
$219,000
Jan 1, 2026
$135/sqft/sqft
7642 E 52nd Ter, Kansas City, MO 64129
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
864 sqft
$142,000
Jan 1, 2026
$164/sqft/sqft
3011 Ashland Ridge Rd, Kansas City, MO 64129
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,166 sqft
$140,000
Mar 1, 2026
$120/sqft/sqft
2032 days on market
7610 E 48th St, Kansas City, MO 64129
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
840 sqft
$138,000
Mar 1, 2026
$164/sqft/sqft
8404 E 47th Ter, Kansas City, MO 64129
Quick Flip

Sold below market average

2 beds
1 baths
768 sqft
$65,000
Jan 1, 2026
$85/sqft/sqft
337 days on market
3615 Topping Ave, Kansas City, MO 64129
Quick Flip

Sold below market average

3 beds
2 baths
720 sqft
$3,000
Feb 1, 2026
$4/sqft/sqft
4378 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/4/2026

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