Is Kansas City, MO 64127 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Kansas City is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #232 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

Months of supply4.4Under 4 months = seller’s market
Sold above original list12.1%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$94▲ +5.7% vs. last year

The Kansas City housing market right now

In the three months ending August 31, 2026, 12% of homes in Kansas City, MO 64127 sold above their list price, the typical home went under contract in 54 days and there were 4.4 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 34 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (43 days then) and the median sale price fell 22% to $114,950. Overall, Kansas City is about as competitive as it was a year ago.

Within Jackson County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Kansas City ranks #232 of 263 MO ZIP codes with enough sales (score 22 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.

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 →

Where Kansas City is

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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 4.4 months of supply in Kansas City, MO 64127 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 54 days in the latest three months.

Do homes in Kansas City sell over asking?

12% of homes sold above their original list price, and the typical sale closed at 94.7% 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 $114,950 in the three months ending August 31, 2026, about $94 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