Raytown, MO 64138 Real Estate Market Report

ZIP Code: 64138
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Raytown, MO stands at $199,000, reflecting a competitive market environment. This price indicates a slight upward trend, contrasting with the broader Kansas City metro area, which has experienced a minor year-over-year decrease. The neighborhood has shown resilience, with a market temperature classified as hot, suggesting strong buyer interest despite the current economic landscape.

Transaction activity is characterized by elevated inventory levels, with a median days on market of 230 days, indicating a slower sales velocity. This extended time frame may suggest pricing friction, as sellers adjust expectations in response to market dynamics. The relationship between the median listing price of $207,500 and the median sold price indicates a potential gap that sellers may need to address to enhance liquidity in this competitive environment.

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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

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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 Raytown, MO are averaging 6.38% as of March 30, 2026, which is 0.88% higher than the 2026 average rate of 5.50%.

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. $199,000 is the median sold price, indicating a competitive market with upward price momentum.

2. The median listing price of $207,500 suggests a pricing gap that may affect sales velocity.

3. With a median days on market of 230, the market is experiencing slower transaction volume and downward pressure on liquidity.

4. The market temperature is classified as hot, reflecting strong buyer interest despite elevated inventory levels.

5. Median market rent is $1,530, indicating a robust rental market that may support home sales.

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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.