River Market, Kansas City, MO—64105
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — River Market, Kansas City, MO
As of Oct '25, the median home price in River Market, Kansas City, MO is $197,000, with a year-over-year change of 1.5%. This indicates that home prices in River Market, Kansas City, MO are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 1.5% |
| Single Family | N/A | N/A |
| Condos | $192,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $175,000 | 3.6% |
2 Bed | $272,000 | 3.8% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — River Market, Kansas City, MO
As of July '25, Rentcast reports the average rent in River Market, Kansas City, MO is $1,480, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in River Market, Kansas City, MO is studios: $1,110, 1-bedrooms: $1,470, 2-bedrooms: $2,130, 3-bedrooms: $2,900. The most common rental property sizes in River Market, Kansas City, MO are 1-bedroom and 2-bedroom, accounting for 50.1% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,480 |
| Studio Rent | $1,000 | $1,110 |
| 1 Bed Rent | $1,400 | $1,470 |
| 2 Bed Rent | $2,180 | $2,130 |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — River Market, Kansas City, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in River Market, Kansas City, MO is 58. This is a increase of 29.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -14.0% |
Listing Count | 51 | 157.0% |
| Listings as % of Homes | 0.3% | 157.0% |
Days on Market | 58 | 29.0% |
Demographics — River Market, Kansas City, MO
As of the latest ACS Survey released in 2023, River Market, Kansas City, MO has a population of 5,780, which has increased by 23.6% over the past 5 years. River Market, Kansas City, MO is a less popular place for families, as children make up 1.8% of the population. The area has a highly educated workforce, with 69.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,780 | 23.6% |
% Under 18 | 1.8% | -35.7% |
% Seniors | 7.6% | 18.8% |
% WFH | 25.9% | 516.7% |
% w/ College Degree | 69.2% | -3.2% |
As of the latest ACS Survey released in 2023, River Market, Kansas City, MO is a predominantly white area, with 74.4% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in River Market, Kansas City, MO is black, making up 8.0% of the population. Foreign-born residents account for 6.7% of the population in River Market, Kansas City, MO, and this percentage has increased by 1.5% 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 | 74.4% | 0.5% |
% Black | 8.0% | -35.0% |
% Hispanic | 7.7% | 24.2% |
% Asian | 4.5% | 15.4% |
% Foreign Born | 6.7% | 1.5% |
Mortgage and Risk — River Market, Kansas City, MO
According to HUD data as of 2023, there were 47 mortgage originations in River Market, Kansas City, MO, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in River Market, Kansas City, MO. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — River Market, Kansas City, MO
River Market, Kansas City, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 266 |
Total Units Section 8 | 266 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,400 | $1,600 |
| 2 Bedroom | -$360 | $2,180 | $1,820 |
| 3 Bedroom | -$530 | $2,900 | $2,370 |
| 4 Bedroom | N/A | N/A | $2,810 |
Affordability — River Market, Kansas City, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $197,000 |
| Median Household Income | $65,400 |