Housing Prices in Kansas City, MO
How much do homes in Kansas City, MO cost?
Median List Price
$275,568
$162/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Kansas City has increased by 2.2% since last year.
Summary: The median home list price in Kansas City was $275,568 in May 2024, up 2.2% from the previous year, and the median price per square foot was $162.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $167K | +7.7% |
| 2 Bedrooms | $165K | $184.8K | +12.0% |
| 3 Bedrooms | $239.9K | $250K | +4.2% |
| 4 Bedrooms | $409.5K | $415K | +1.4% |
| 5+ Bedrooms | $518.1K | $549.8K | +6.1% |
Summary: Kansas City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 6.1%.
Median List Price Compared To Nearby Cities
| Gallatin Township | $234.9K | $250K | +6.4% |
| North Kansas City | $252.5K | $259.9K | +3.0% |
| Kansas City | $269.5K | $275.5K | +2.2% |
| Avondale | $185.2K | $163.5K | -11.7% |
Housing Supply in Kansas City, MO
How many homes are available in Kansas City, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2,733 | 3,025 | +10.7% |
Summary: The Kansas City real estate market had 3,025 homes for sale in May 2024, a 10.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 75 | 88 | +17.3% |
| 2 Bedrooms | 437 | 477 | +9.2% |
| 3 Bedrooms | 1,154 | 1,279 | +10.8% |
| 4 Bedrooms | 819 | 901 | +10.0% |
| 5+ Bedrooms | 248 | 280 | +12.9% |
Summary: The Kansas City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 12.9%.
Days on Market for Kansas City, MO
How long does it take to sell a home in Kansas City, MO?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 118 Days | 76 Days | -35.6% |
Summary: Homes in Kansas City had an average listing age of 76 days in May 2024, down by 35.6% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.