Kansas City housing market

Neutral marketKansas City, MO metro areaData through Sep 2026
Typical home value
$325K
▲ 3.7% 1 yr
Typical rent
$1,534/mo
▲ 3.9% 1 yr
12-month forecast
+2.9%
#144 of 546 metros
Gross rent yield
5.7%
#314 of 546 · U.S. 6.3%
Days to pending
31 days
▲ +2 days 1 yr
Listings with a price cut
31%
▲ +0.3 pts 1 yr

Key takeaways

  • 1The typical home is worth $324,887, up 3.7% in a year and up 26% over five years.
  • 2Zillow forecasts home values rising 2.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,534/mo (+3.9% YoY), a 5.7% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,785/mo in principal and interest, $251 more than renting.
  • 5Homes go under contract in 31 days (+2 days vs last year); 31% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 45/100, #202 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $325K
$180K$225K$270K$315K2016201920222025
Typical monthly rent
Latest $1,534
$961$1,139$1,316$1,4942016201920222025

How fast homes are selling

Days to go under contract
Latest 31
1226405420182020202220242026
Share of listings with a price cut
Latest 31.5%
10.3%17.0%23.7%30.4%20182020202220242026
Homes for sale vs new listings
Latest 7,333
For saleNew listings
2,2255,4248,62211,82120182020202220242026
Share of homes sold above list price
Latest 39.9%
23.3%37.4%51.4%65.5%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $94K
To buy (20% down)To rent
$41K$57K$74K$91K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Kansas City compares

MeasureKansas CityUnited StatesRank of 546
Home value, 1-yr change+3.7%+1.2%#144
Home value, 5-yr change+26.1%+19.7%
12-month forecast+2.9%+1.1%#144
Rent, 1-yr change+3.9%+2.7%#209
Gross rent yield5.7%6.3%#314
Price-to-rent ratio17.615.8
Mortgage P&I on typical home$1,785$2,012
Income needed to buy$94,442$100,902
Days to pending3156

Cities in the Kansas City metro

22 cities with home value and rent data.

Kansas City$250K▲ 1.9%$1,446▲ 4.3%6.9%
Overland Park$481K▲ 5.3%$1,754▲ 3.1%4.4%
Kansas City$200K▲ 2.5%$1,322▲ 5.7%7.9%
Olathe$433K▲ 4.6%$1,809▲ 3.1%5.0%
Independence$211K▲ 3.7%$1,395▲ 3.2%7.9%
Lees Summit$393K▲ 3.2%$1,614▲ 3.9%4.9%
Shawnee$424K▲ 4.5%$1,497▲ 0.3%4.2%
Lenexa$477K▲ 3.6%$1,730▲ 4.0%4.3%
Blue Springs$309K▲ 2.2%$1,748▲ 2.8%6.8%
Leavenworth$262K▲ 4.3%$1,182▲ 2.6%5.4%
Leawood$792K▲ 7.3%$2,076▼ 1.8%3.1%
Raytown$207K▲ 2.5%$1,484▲ 3.6%8.6%
Liberty$327K▲ 2.4%$1,574▲ 2.9%5.8%
Gladstone$268K▲ 2.5%$1,208▲ 3.7%5.4%
Grandview$218K▲ 4.3%$1,357▲ 5.1%7.5%
Gardner$351K▲ 2.3%$1,602▲ 4.5%5.5%
Raymore$359K▲ 3.3%$1,737▲ 6.7%5.8%
Belton$271K▲ 4.1%$1,725▲ 6.8%7.6%
Prairie Village$490K▲ 6.9%$2,195▲ 1.8%5.4%
Grain Valley$332K▲ 1.1%$1,688▲ 2.8%6.1%
Mission$327K▲ 4.2%$1,690▲ 6.6%6.2%
North Kansas City$258K▲ 3.9%$1,507▲ 3.9%7.0%

Run the numbers

Other Missouri metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.