Kansas City, KS—66103
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 $194,000, with a year-over-year change of 1.8%. This indicates that home prices in Kansas City, KS are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | 1.8% |
| Single Family | $194,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $120,000 | 0.0% |
2 Bed | $178,000 | 1.7% |
3 Bed | $213,000 | 0.9% |
4 Bed | $235,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kansas City, KS
As of July '25, Rentcast reports the average rent in Kansas City, KS is $1,410, with a year-over-year rent change of 11.9%. Per bedroom, the median rent as of July '25 in Kansas City, KS is studios: $1,080, 1-bedrooms: $1,010, 2-bedrooms: $1,270, 3-bedrooms: $2,060, 4-bedrooms: $2,210. The most common rental property sizes in Kansas City, KS are 2-bedroom and 1-bedroom, accounting for 43.3% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,410 |
| Studio Rent | $1,020 | $1,080 |
| 1 Bed Rent | $1,100 | $1,010 |
| 2 Bed Rent | $1,200 | $1,270 |
| 3 Bed Rent | $2,000 | $2,060 |
| 4 Bed Rent | $1,950 | $2,210 |
% 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 53. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | 1.0% |
Listing Count | 37 | 12.0% |
| Listings as % of Homes | 0.2% | 12.0% |
Days on Market | 53 | -9.0% |
Demographics — Kansas City, KS
As of the latest ACS Survey released in 2023, Kansas City, KS has a population of 12,800, which has decreased by -5.4% over the past 5 years. Kansas City, KS is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,800 | -5.4% |
% Under 18 | 18.9% | -7.8% |
% Seniors | 9.3% | 36.8% |
% WFH | 9.5% | 156.8% |
% w/ College Degree | 32.1% | 3.5% |
As of the latest ACS Survey released in 2023, Kansas City, KS is a predominantly white area, with 44.6% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Kansas City, KS is hispanic, making up 30.9% of the population. Foreign-born residents account for 16.4% of the population in Kansas City, KS, and this percentage has decreased by 14.6% 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 | 44.6% | -11.9% |
% Black | 12.4% | 18.1% |
% Hispanic | 30.9% | 2.7% |
% Asian | 5.9% | 20.4% |
% Foreign Born | 16.4% | -14.6% |
Mortgage and Risk — Kansas City, KS
According to HUD data as of 2023, there were 149 mortgage originations in Kansas City, KS, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Kansas City, KS. Investor activity is low, as 7.0% 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 | 149 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 7.0% |
% 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 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-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 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 267 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,100 | $1,140 |
| 2 Bedroom | $100 | $1,200 | $1,300 |
| 3 Bedroom | -$300 | $2,000 | $1,700 |
| 4 Bedroom | $60 | $1,950 | $2,010 |
Affordability — Kansas City, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $194,000 |
| Median Household Income | $49,400 |