Is Kansas City, MO 64116 a buyer’s or seller’s market?
Kansas City is a seller’s market. With about 1.7 months of supply and 41% 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.
Months of supply1.7Under 4 months = seller’s market
Sold above original list41.4%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$194▲ +4.0% vs. last year
Run the numbers for 64116
Nearby markets
Excelsior Springs 64024Seller’s market $177 /sq ftHolt 64048Seller’s market $255 /sq ftKansas City 64117Seller’s market $164 /sq ftKansas City 64118Seller’s market $177 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology