Kansas City, MO 64132 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

Market Trends & Context

Key Findings

1. The primary market indicator, median sold price 99,500, signals current market value based on completed transactions; this representative recent sale level aligns with a hot market temperature and a price trend that is up year-over-year, supporting continued price appreciation risk for buyers and potential upside for sellers.
2. Despite the strong price signal, observed samples show elevated inventory relative to sales activity, which, combined with a median days on market 300, suggests slower sales velocity and pricing friction—sellers may need realistic expectations on time-to-contract even as nominal prices remain elevated.
3. There is a narrow gap between median listing price 99,900 and median sold price 99,500, which appears to reflect close alignment between asking and transaction prices but also indicates limited upward bidding pressure; this dynamic may suggest negotiated deals rather than aggressive multiple-offer scenarios.
4. Supportive rental fundamentals—median market rent 1,200 and a rent trend that is up year-over-year—coupled with a median price per square foot 107, make the area noteworthy for investors focused on rent growth, though elevated interest rate pressure (elevated) may compress near-term financing returns and should be factored into acquisition timing and underwriting.

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.