Kansas City, MO 64156 Real Estate Market Report

ZIP Code: 64156
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Kansas City, MO (ZIP: 64156) showcases a median sold price of $515,000, reflecting a robust demand despite the elevated inventory levels. The market has demonstrated a notable price trend, with values trending up year-over-year. This indicates a strong buyer interest, although the current market conditions suggest a potential shift in dynamics as inventory levels appear elevated relative to sales activity, which may lead to a more balanced market in the near future.

The median days on market stands at 288 days, indicating a slower sales velocity that may be attributed to the excess supply in the area. While the median listing price is significantly higher at $553,780, the substantial gap between listing and sold prices suggests that sellers may need to adjust expectations to align with current market realities. Overall, the market remains hot, driven by strong local economic factors, yet the liquidity appears constrained, necessitating careful consideration for both buyers and sellers.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 the Kansas City MO 64156 area average around 5.75% to 6.13%, which is notably higher than the 5.4% average seen in early 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 median sold price of $515,000 indicates strong market value despite elevated inventory levels.

2. With a median listing price of $553,780, there is a significant gap between listing and sold prices, suggesting potential pricing friction.

3. The median days on market at 288 days reflects a slower sales velocity, indicating a need for adjustments in seller expectations.

4. The market temperature remains hot, supported by strong local economic catalysts driving housing demand.

5. Median market rent is $2,150, which is also trending up, indicating ongoing demand for rental properties.

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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.