Kansas City, KS—66102
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kansas City, KS
As of Oct '25, the median home price in Kansas City, KS is $147,000, with a year-over-year change of 0.3%. This indicates that home prices in Kansas City, KS are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 0.3% |
| Single Family | $147,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | 1.1% |
2 Bed | $122,000 | 0.8% |
3 Bed | $166,000 | 0.0% |
4 Bed | $188,000 | 1.1% |
| 5 Bed | $221,000 | 0.9% |
% of Housing Stock
Rental Trends — Kansas City, KS
As of July '25, Rentcast reports the average rent in Kansas City, KS is $1,000, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Kansas City, KS is studios: $625, 1-bedrooms: $744, 2-bedrooms: $994, 3-bedrooms: $1,490, 4-bedrooms: $1,800. The most common rental property sizes in Kansas City, KS are 2-bedroom and 3-bedroom, accounting for 42.4% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $1,000 |
| Studio Rent | $625 | $625 |
| 1 Bed Rent | $749 | $744 |
| 2 Bed Rent | $975 | $994 |
| 3 Bed Rent | $1,480 | $1,490 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Kansas City, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Kansas City, KS is 50. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | -4.0% |
Listing Count | 72 | 45.0% |
| Listings as % of Homes | 0.5% | 45.0% |
Days on Market | 50 | 34.0% |
Demographics — Kansas City, KS
As of the latest ACS Survey released in 2023, Kansas City, KS has a population of 30,100, which has decreased by -5.1% over the past 5 years. Kansas City, KS is a popular place for families, as children make up 32.7% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | -5.1% |
% Under 18 | 32.7% | 1.6% |
% Seniors | 9.2% | 12.2% |
% WFH | 4.8% | 380.0% |
% w/ College Degree | 11.9% | 14.4% |
As of the latest ACS Survey released in 2023, Kansas City, KS is a predominantly hispanic area, with 52.9% of the population identifying as hispanic. The hispanic population has grown by 11.4% in the last 5 years. The second most common race or ethnicity in Kansas City, KS is white, making up 19.2% of the population. Foreign-born residents account for 28.3% of the population in Kansas City, KS, and this percentage has decreased by 5.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 19.2% | -7.2% |
% Black | 18.0% | -2.7% |
% Hispanic | 52.9% | 11.4% |
% Asian | 6.2% | -29.5% |
% Foreign Born | 28.3% | -5.7% |
Mortgage and Risk — Kansas City, KS
According to HUD data as of 2023, there were 335 mortgage originations in Kansas City, KS, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Kansas City, KS. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 335 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Kansas City, KS
As of 2024, the percent of homes in Kansas City, KS under the Section 8 program is 17.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Kansas City, KS, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,128 |
Total Units Section 8 | 811 |
% Rentals under Section 8 | 17.5% |
% Occupied Section 8 | 76.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $271 | $749 | $1,020 |
| 2 Bedroom | $185 | $975 | $1,160 |
| 3 Bedroom | $30 | $1,480 | $1,510 |
| 4 Bedroom | -$10 | $1,800 | $1,790 |
Affordability — Kansas City, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $147,000 |
| Median Household Income | $52,200 |