Kansas City, MO 64151 Real Estate Market Report

ZIP Code: 64151
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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kansas City 64151 area average 6.3%, reflecting the prevailing market environment for property owners in this region during May 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 neighborhood's primary market value indicator is the median sold price 235,450, which, when compared to the median listing price 464,950, suggests meaningful pricing friction between asking prices and recent transaction levels; pricing gap may indicate some sellers are testing the market.

2. The market shows slower sales velocity with a median days on market of 314, which appears to reflect longer listing lifecycles and may indicate slower transaction volume rather than immediate liquidity.

3. Pricing momentum is positive with the price year-over-year trend up, and rent momentum is also positive with the rent year-over-year trend up, supporting continued appreciation potential even as the market temperature is reported as neutral.

4. Financing and affordability are important near-term considerations given current local mortgage conditions: the 30-year fixed mortgage rate averages 6.3%, and interest rate pressure is characterized as moderate, which may temper buyer urgency and influence transaction pacing.

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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.