Kansas City, MO 64131 Real Estate Market Report

ZIP Code: 64131
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Kansas City, MO (ZIP: 64131) market is currently characterized by a median sold price of $255,000, reflecting a stable transaction environment amid modest price appreciation. The neighborhood has increased 15% since 2023, indicating a strengthening market despite some fluctuations in buyer leverage across different segments. The median listing price stands at $243,500, suggesting a slight gap between seller expectations and actual sales, which may indicate pricing friction in the current market context.

Transaction activity appears to be moderate, with a median days on market of 197, suggesting slower sales velocity. Elevated inventory levels are present, with active listings exceeding sold properties in the analyzed sample, contributing to a nuanced market dynamic where buyers may find opportunities, yet sellers still hold some advantage due to overall market conditions. The median market rent is $1,530, which remains a critical factor in assessing overall housing demand and investment potential in the area.

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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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Liquidity & Velocity

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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 the Kansas City MO 64131 market at 5.875% are slightly lower than the 6.125% average seen for similar loans originated earlier in 2026.

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. $255,000 is the median sold price, indicating a stable market with a 15% increase since 2023.

2. $243,500 is the median listing price, suggesting potential pricing friction between seller expectations and market reality.

3. 197 days is the median days on market, reflecting a slower sales velocity that may impact liquidity.

4. $1,530 is the median market rent, which is a key indicator of housing demand in the area.

5. The market temperature is currently neutral, suggesting balanced conditions between buyers and sellers.

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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.