North Kansas City, Kansas City, MO64116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$261,000
1.6% YoY Growth
Median Household Income
$63,400
28.4% 5-Year Growth
Days on Market
38
4.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$1,300
5.7% YoY Growth
1-Bed Rent
$1,050
14.9% YoY Growth
2-Bed Rent
$1,300
10.9% YoY Growth
3-Bed Rent
$1,650
0.0% YoY Growth

Property Listings — North Kansas City, Kansas City, MO

As of Aug '25 and according to Realtor.com, the median days on market for a home in North Kansas City, Kansas City, MO is 38. This is an increase of 4.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$334,000-15.0%
Listing Count
57N/A
Listings as % of Homes0.2%N/A
Days on Market
384.0%
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Demographics — North Kansas City, Kansas City, MO

MetricLatest CensusYoY % Change
Population
17,50012.6%
% Under 18
17.6%8.6%
% Under 5N/AN/A
% Seniors
19.6%15.3%
% WFH
14.2%222.7%
% w/ College Degree
41.3%25.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
63.5%-13.6%
% Black
13.2%76.0%
% Hispanic
9.8%27.3%
% Asian
3.4%-35.8%
% Foreign Born
8.4%-9.7%
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Mortgage and Risk — North Kansas City, Kansas City, MO

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in North Kansas City, Kansas City, MO in that year was 222. 84.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 68.0%. Of those, 36.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in North Kansas City, Kansas City, MO. Investor activity in North Kansas City, Kansas City, MO is low, as 3.0% of all loans are originated by investors. In 2023, 11.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
222N/AN/A
% Conventional Loans
84.0%N/AN/A
% Government Loans
16.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
11.0%N/AN/A
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Rentals and Section 8 — North Kansas City, Kansas City, MO

As of 2024, the percent of homes in North Kansas City, Kansas City, MO under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
251
Total Units Section 8
223
% Rentals under Section 8
4.7%
% Occupied Section 8
90.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$50$1,050$1,100
2 Bedroom-$50$1,300$1,250
3 Bedroom-$20$1,650$1,630
4 BedroomN/AN/A$1,930

Affordability — North Kansas City, Kansas City, MO

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.7N/AN/A
Median Home Price$261,000N/AN/A
Median Household Income$63,400N/AN/A

North Kansas City, Kansas City, MO — ZIP Code Boundary Map

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