Kansas City, KS—66106
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 $199,000, with a year-over-year change of 0.7%. This indicates that home prices in Kansas City, KS are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 0.7% |
| Single Family | $199,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $147,000 | -0.7% |
2 Bed | $163,000 | 0.6% |
3 Bed | $218,000 | 0.9% |
4 Bed | $253,000 | 0.4% |
| 5 Bed | $276,000 | 2.6% |
% of Housing Stock
Rental Trends — Kansas City, KS
As of July '25, Rentcast reports the average rent in Kansas City, KS is $1,510, with a year-over-year rent change of 41.1%. Per bedroom, the median rent as of July '25 in Kansas City, KS is studios: $1,030, 1-bedrooms: $1,080, 2-bedrooms: $1,200, 3-bedrooms: $1,760. The most common rental property sizes in Kansas City, KS are 2-bedroom and 3-bedroom, accounting for 40.2% and 38.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,510 |
| Studio Rent | $1,030 | $1,030 |
| 1 Bed Rent | $1,080 | $1,080 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,800 | $1,760 |
| 4 Bed Rent | N/A | N/A |
% 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 40. This is a increase of 8.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $224,000 | 1.0% |
Listing Count | 65 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 40 | 8.0% |
Demographics — Kansas City, KS
As of the latest ACS Survey released in 2023, Kansas City, KS has a population of 23,800, which has decreased by -2.8% over the past 5 years. Kansas City, KS is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,800 | -2.8% |
% Under 18 | 28.6% | -2.1% |
% Seniors | 13.9% | 25.2% |
% WFH | 8.9% | 270.8% |
% w/ College Degree | 15.7% | 31.9% |
As of the latest ACS Survey released in 2023, Kansas City, KS is a predominantly white area, with 46.7% of the population identifying as white. The white population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in Kansas City, KS is hispanic, making up 37.9% of the population. Foreign-born residents account for 14.2% of the population in Kansas City, KS, and this percentage has increased by 1.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.7% | -13.7% |
% Black | 9.0% | 2.3% |
% Hispanic | 37.9% | 14.5% |
% Asian | 3.3% | 73.7% |
% Foreign Born | 14.2% | 1.4% |
Mortgage and Risk — Kansas City, KS
According to HUD data as of 2023, there were 362 mortgage originations in Kansas City, KS, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Kansas City, KS. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 362 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Kansas City, KS
Kansas City, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 611 |
Total Units Section 8 | 284 |
% Rentals under Section 8 | 9.9% |
% Occupied Section 8 | 85.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,080 | $1,040 |
| 2 Bedroom | -$20 | $1,200 | $1,180 |
| 3 Bedroom | -$260 | $1,800 | $1,540 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Kansas City, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $199,000 |
| Median Household Income | $56,300 |