Kansas City, MO 64132 Real Estate Market Report

ZIP Code: 64132
Report Date: February 2026
Market Temperature: HOT
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) reflects a median sold price of $115,000, indicating a stable transaction environment despite elevated interest rates impacting buyer purchasing power. The neighborhood has experienced an upward trend in pricing, with the market temperature categorized as hot. This suggests that demand remains robust, although the 211 days on market indicates a slower sales velocity, potentially due to buyer hesitance amidst financial pressures.

Inventory levels appear elevated relative to sales activity, with a notable median listing price of $129,950. This pricing gap between listing and sold prices may indicate a degree of pricing friction, as sellers adjust expectations in a competitive landscape. The market is characterized by a diverse job base and positive economic fundamentals, which may support continued interest in the area, particularly in the rental market where the median market rent stands at $1,530.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City MO 64132 area are around 6.04% compared to recent averages near 5.85% seen earlier in 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. The median sold price of $115,000 reflects a stable market, indicating consistent buyer activity despite elevated interest rates.

2. With a median days on market of 211, the market is experiencing slower sales velocity, suggesting potential buyer hesitance.

3. The median listing price of $129,950 indicates a pricing gap that may create friction in negotiations between buyers and sellers.

4. The market temperature is classified as hot, suggesting strong demand despite the challenges posed by elevated interest rates.

5. The median market rent of $1,530 may attract more interest from investors, as some buyers shift focus to rental opportunities.

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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.