Kansas City, MO 64132 Real Estate Market Report

ZIP Code: 64132
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Kansas City, MO (ZIP: 64132) is characterized by a median sold price of $116,500, reflecting ongoing price appreciation in the area. This price indicates a stable market condition, with the neighborhood maintaining a positive trajectory in terms of value. The market has seen a year-over-year trend of prices being up, suggesting a resilient demand despite the current economic challenges.

Transaction activity appears moderate, with 203 median days on market indicating a slower sales velocity. The current inventory conditions show elevated inventory levels, which may suggest excess supply relative to sales activity. This dynamic could create opportunities for buyers, as the market temperature is described as neutral, indicating a balance between buyer and seller expectations. Overall, while the market remains stable, the slower transaction volume may lead to pricing friction in the near future.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City MO market average around 6.01% to 6.25%, which is lower than the 6.87% seen one year ago, presenting a favorable refinancing comparison for recent 2026 originations.

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 median sold price is $116,500, indicating a stable market condition with ongoing price appreciation.

2. With 203 median days on market, the sales velocity is slower, suggesting potential pricing friction for sellers.

3. The median listing price stands at $129,950, which is significantly higher than the sold price, indicating a gap that may affect buyer interest.

4. Rental demand remains strong, with a median market rent of $1,530, reflecting robust rental activity in the area.

5. The market temperature is neutral, suggesting a balanced environment between buyers and sellers, which may lead to more competitive negotiations.

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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.