Raytown, MO 64138 Real Estate Market Report

ZIP Code: 64138
Report Date: May 2026
Market Temperature: NEUTRAL
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 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.

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Key Findings

1. The neighborhood's primary market indicator, median sold price, is $167,000, reflecting recent transaction-level value; the gap versus the median listing price of $209,000 suggests pricing friction with seller expectations above realized sale prices.

2. Median days on market is 170, signaling slower sales velocity and implying that elevated inventory relative to sales activity may be contributing to longer time-to-contract and increased holding costs for sellers.

3. Price year-over-year trend is down while market temperature is neutral; combined with interest rate pressure: elevated, this mix points to financing headwinds and cautious buyer behavior that could sustain subdued price momentum.

4. Median market rent is $1,550 and rent year-over-year trend is up, indicating stronger rental demand that may support investor interest, though the softer sold-price picture suggests selective underwriting is advisable.

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Notable Properties

The following 5 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.