Is Kansas City, MO 64117 a buyer’s or seller’s market?
Kansas City is a seller’s market. With about 2.2 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 88% of U.S. ZIP codes, and #48 of 263 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kansas City housing market right now
In the three months ending August 31, 2026, 44% of homes in Kansas City, MO 64117 sold above their list price, the typical home went under contract in 10 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 49 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (14 days then) and the median sale price fell 3% to $231,900. Overall, Kansas City is less competitive than a year ago, which gives buyers more room.
Within Clay County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Kansas City ranks #48 of 263 MO ZIP codes with enough sales (score 83 out of 100).
Nearby, buyers who want less competition could look at Missouri City 64072 (0% sold over asking) or Holt 64048 (23% sold over asking), while Kansas City 64161 (100% sold over asking) is even more competitive.
Run the numbers for 64117
Nearby markets
Excelsior Springs 64024Seller’s market $177 /sq ftHolt 64048Seller’s market $255 /sq ftKansas City 64116Seller’s market $194 /sq ftKansas City 64118Seller’s market $177 /sq ft Browse all markets →Towns like Kansas City nearby
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Questions about Kansas City real estate
Is Kansas City a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Kansas City, MO 64117 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kansas City?
The typical home went under contract in 10 days in the latest three months.
Do homes in Kansas City sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Kansas City?
About 1.07% of a home’s value a year in Clay County, or roughly $4,280 on a $400,000 home.
What is the median home price in Kansas City?
The median sale price was $231,900 in the three months ending August 31, 2026, about $164 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology