Kansas City, MO 64132 Real Estate Market Report

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

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Executive Overview

As of April 2026, the housing market in Kansas City, MO (ZIP: 64132) reflects a median sold price of $117,000, indicating a modest appreciation in value. This marks a notable shift, as the neighborhood has increased 15% since 2023. The market is currently experiencing elevated inventory levels, which suggests a more balanced environment where buyers may gain some negotiation power. With a median days on market of 293, properties are taking longer to sell, indicating a slower sales velocity compared to previous periods.

Despite the challenges posed by elevated interest rate pressure, which currently stands at 6.66% for 30-year fixed mortgages, the rental market remains robust with a median market rent of $1,530. This stability in rental prices, coupled with a neutral market temperature, suggests that while buyers are facing some hurdles, the overall demand for housing remains steady, providing a foundation for future growth in the market.

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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 Kansas City, MO are averaging 6.66% as of late March 2026, which is 0.28% higher than the average rate of 6.38% seen in early March 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. Median sold price of $117,000 reflects a 15% increase since 2023, indicating positive price movement in the area.

2. The median days on market of 293 suggests a slower sales velocity, allowing buyers more time to negotiate.

3. Elevated inventory levels indicate excess supply relative to sales activity, which may provide opportunities for buyers.

4. The median market rent is $1,530, showing stability in rental prices despite the broader market dynamics.

5. Current interest rate pressure is elevated, with mortgage rates averaging 6.66%, potentially impacting buyer affordability.

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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.