Kansas City, MO 64151 Real Estate Market Report

ZIP Code: 64151
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Kansas City, MO (64151) is characterized by a median sold price of $300,000, reflecting a stable market environment. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. Despite this appreciation, the market is experiencing elevated inventory levels, suggesting a balance between buyer and seller dynamics, which may lead to moderate sales activity going forward.

The median days on market stands at 414 days, indicating a slower sales velocity, which could be attributed to the current market conditions and buyer sentiment. With a median listing price of $291,450, there is a noticeable gap between asking and sold prices, suggesting potential pricing friction as sellers adjust to market realities. Overall, the market remains neutral, with strong rental demand reflected in a median market rent of $1,670, further supporting the area's attractiveness to investors and renters alike.

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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 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 median sold price of $300,000 indicates a strong market trend, having increased 15% since 2023.

2. With 414 days as the median days on market, the market shows signs of slower sales velocity, which may affect liquidity.

3. The median listing price of $291,450 reflects a gap compared to the sold price, suggesting potential pricing friction for sellers.

4. The median market rent of $1,670 highlights strong rental demand, which could attract investors looking for rental opportunities.

5. Overall, the market temperature remains neutral, indicating a balanced buyer-seller dynamic despite elevated inventory levels.

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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.