RealTrends Market Report

Kansas City, MO

Single-Family Homes

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Kansas City, MO

Fri Apr 12 2024
This week the median list price for Kansas City, MO is $249,925 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 744. Click here to stay informed with the Kansas City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Kansas City, MO

Fri Apr 12 2024
This week the median list price for Kansas City, MO is $249,925 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 744. Click here to stay informed with the Kansas City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Kansas City market.
Median List Price $249,925
Median Price of New Listings $220,250
Per Square Foot $150
Average Days on Market 77
Median Days on Market 42
Price Decreased 38%
Price Increased 3%
Relisted 8%
Inventory 744
Median Rent
Market Action 48
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$675,000 3,257 0.25 - 0.5 acre 4 3.5 8 19 14 70
$362,500 2,079 8,000 - 10,000 sqft 3 2.5 65 29 38 28
$194,700 1,482 6,500 - 8,000 sqft 3 2 82 38 39 35
$115,000 980 4,500 - 6,500 sqft 2 1 100 34 28 49