Kansas City, MO 64131 Real Estate Market Report

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

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Executive Overview

The Kansas City market in the 64131 area is currently characterized by a median sold price of $225,500, reflecting a stable market environment. This price point indicates a healthy demand for properties, despite the absence of historical sold price change data. The median listing price stands at $187,000, suggesting a notable pricing gap that may create friction between seller expectations and buyer willingness.

Transaction activity appears moderate, with 332 days as the median days on market, indicating slower sales velocity. This prolonged time on the market may suggest a shift towards a more balanced market, as elevated inventory levels are present relative to sales activity. Overall, while the market still favors sellers, there are signs of increased buyer activity, hinting at potential future adjustments in pricing dynamics.

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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 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.

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Key Findings

1. The median sold price of $225,500 indicates strong market performance, suggesting increasing buyer interest in the area.

2. With a median listing price of $187,000, there is a significant pricing gap that may create friction between sellers and buyers.

3. The median days on market of 332 reflects slower sales velocity, indicating that properties are taking longer to sell than in previous periods.

4. The median market rent of $1,530 shows strong demand in the rental sector, supporting overall market stability.

5. The market temperature is currently neutral, suggesting a balanced environment where neither buyers nor sellers hold a definitive advantage.

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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.