Kansas City - MO housing market
The Kansas City metro has a typical home value of $326,895, up 3.3% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($326,895) is the Zillow Home Value Index for the Kansas City - MO metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 3.3% over the past year. In Kansas City - MO, that means a home worth $316,452 last year is now worth roughly $326,895.
The median sale price , what homes actually close for , is $331,122. Homes are selling at 98.9% of list price, meaning buyers have room to negotiate.
Homes listed in Kansas City - MO sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,811 new listings hit the market each month in Kansas City - MO. There are currently 6,105 homes for sale, up 7.5% from a year ago.
The typical monthly rent in Kansas City - MO is $1,526, up 3.2% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in MO
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| St. Louis - MO | $273,427 | +2.8% | 8.0d |
| Springfield - MO | $270,284 | +2.2% | 19.0d |