Kansas City, MO 64156 Real Estate Market Report

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

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Executive Overview

The housing market in Kansas City, MO (ZIP: 64156) is currently characterized by a median sold price of $520,000, reflecting a competitive environment for buyers and sellers alike. This price point indicates a robust demand for properties, as evidenced by the up trend in sold prices. The market appears to be experiencing a healthy level of activity, with median days on market extending to 392 days, suggesting a slower sales velocity that may indicate pricing friction or buyer hesitance in certain segments.

Despite the elevated median listing price of $559,950, the gap between listing and sold prices suggests that sellers may need to adjust expectations to align with market realities. The overall market temperature remains neutral, indicating a balanced environment where neither buyers nor sellers hold a definitive advantage. Additionally, the rental market is showing strength, with a median market rent of $2,150, further underscoring the demand dynamics in the area.

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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 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 $520,000 indicates strong demand, with prices trending up recently.

2. With a median days on market of 392, the market shows signs of slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $559,950 reflects seller expectations that may need adjustment to facilitate sales.

4. The rental market is robust, with a median market rent of $2,150, indicating a healthy demand for rental properties.

5. The market temperature remains neutral, suggesting a balanced environment for both buyers and sellers.

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Notable Properties

The following 4 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.