Kansas City, MO 64154 Real Estate Market Report

ZIP Code: 64154
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Kansas City, MO (64154) is currently characterized by a median sold price of $389,900, reflecting a robust demand despite elevated inventory levels. The neighborhood has increased 15% since 2023, indicating a strong upward trend in property values. This price appreciation suggests that buyers are willing to pay more for homes, which may indicate confidence in the local economy and housing market.

Transaction activity appears to be moderate, with 1,206 days on market indicating a slower sales velocity. However, the median listing price of $525,000 presents a significant gap compared to the sold price, which may create pricing friction as sellers adjust expectations. Overall, the market temperature is classified as hot, driven by strong rental demand with a median market rent of $2,090, further supporting the upward pressure on home prices.

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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.

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Key Findings

1. The median sold price of $389,900 indicates a strong demand for properties in the area, with prices up significantly since 2023.

2. With a median listing price of $525,000, there is notable pricing friction as it exceeds the sold price, suggesting potential adjustments in seller expectations.

3. The median days on market of 1,206 reflects a slower sales velocity, indicating that while demand is present, properties may take longer to sell.

4. The market is experiencing strong rental demand, evidenced by a median market rent of $2,090, which supports ongoing price appreciation.

5. Overall, the market temperature is hot, driven by low inventory and elevated interest rate pressure, which may impact buyer affordability.

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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.