Kansas City, MO 64132 Real Estate Market Report

ZIP Code: 64132
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 64132 area are 6.4% compared to 5.8% for typical loans originated 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 primary market value indicator is the $127,500 median sold price, which signals the representative recent sale level for SFR and condo transactions in ZIP 64132 and supports the view that realized prices remain firm; coupled with a hot market temperature, this suggests seller-side pricing power persists.

2. There is a notable divergence between the $113,750 median listing price and the $127,500 median sold price, which may indicate pricing friction or a selection bias in listings versus closed transactions rather than a simple discounting dynamic.

3. Liquidity appears muted: the median days on market of 220 points to slower sales velocity and extended marketing periods, which, when combined with elevated inventory relative to sales activity, suggests transactions are proceeding cautiously despite strong sold-price levels; sellers should expect longer timeframes to close. slower signal.

4. Rental demand shows strength with the $1,200 median market rent and a rent year-over-year trend of up, supporting buy-to-rent strategies where cashflow assumptions rely on steady rent growth; however, interest rate dynamics—current rates noted at 6.4% versus earlier 5.8%—create moderate interest rate pressure that investors and owner-occupiers should factor into financing cost assessments.

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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.