Kansas City, MO 64131 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

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.

Market Trends & Context

Key Findings

1. median sold price is unavailable in the provided dataset; this likely reflects limited recent closed transactions in the analyzed sample, so recent transaction-level valuation must be treated as uncertain and supplemented with listing and rent indicators (caution).
2. median listing price $177,450 coupled with a median days on market 241 suggests pricing is elevated relative to transaction velocity, where long days on market may indicate slower sales velocity and pricing friction between seller expectations and executed deals.
3. Market signals show market temperature hot and price year-over-year trend up, which together indicate upward pressure on values despite slower observed sales velocity; buyers and sellers should expect continued competition for competitively priced inventory (up).
4. median market rent $1,295 with rent year-over-year trend up supports strengthening rental demand, while interest rate pressure moderate introduces a caution factor that may temper buyer purchasing power and slow absorption rates.

Notable Properties

The following 3 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.