Is Kansas City, MO 64123 a buyer’s or seller’s market?
Kansas City is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #219 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, 18% of homes in Kansas City, MO 64123 sold above their list price, the typical home went under contract in 42 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (31 days then) and the median sale price fell 6% to $149,935. Overall, Kansas City is less competitive than a year ago, which gives buyers more room.
Within Jackson County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, Kansas City ranks #219 of 263 MO ZIP codes with enough sales (score 27 out of 100).
Nearby, buyers who want less competition could look at Kansas City 64136 (0% sold over asking) or Kansas City 64105 (0% sold over asking), while Independence 64053 (60% sold over asking) and Kansas City 64113 (59% sold over asking) are even more competitive.
Run the numbers for 64123
Nearby markets
Blue Springs 64014Seller’s market $182 /sq ftBlue Springs 64015Seller’s market $160 /sq ftBuckner 64016Seller’s market $163 /sq ftGrain Valley 64029Seller’s market $186 /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 balanced market: there were 5.8 months of supply in Kansas City, MO 64123 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 42 days in the latest three months.
Do homes in Kansas City sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 93.4% of the list price.
What are property taxes in Kansas City?
About 1.12% of a home’s value a year in Jackson County, or roughly $4,480 on a $400,000 home.
What is the median home price in Kansas City?
The median sale price was $149,935 in the three months ending August 31, 2026, about $111 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