Kansas City Housing Market

Buyers had more homes to choose from in July as new listings and inventory increased across the Kansas City metro. Even with more supply entering the market, home sales and prices both moved higher, showing that demand remained steady in July.

Kansas City recorded 3,222 home sales in July, up 4.4% from a year earlier and faster than the national increase of 2.9%. Buyers continued to make purchases as more homes became available, a sign that demand remained healthy despite affordability challenges and elevated mortgage rates.

Demand was strongest in the single-family homes market, as sales increased 4.9% from a year ago. The increase in sales activity suggests buyers remained willing to act when new opportunities came onto the market.

One of the most encouraging trends for buyers was the increase in newly listed homes. New listings rose 10.8% from a year ago to 3,907 properties, outpacing the national increase and bringing more homes to market during the latter stages of the summer selling season.

Overall inventory increased 4.3% to 8,340 homes for sale, closely matching the national increase. Homes also continued to sell at a healthy pace, spending a median of 46 days on the market, unchanged from a year ago and well below the national median of 56.

View the latest homes for sale in Kansas City.

The median home sale price reached a record $371,475 in July, up 3.2% from a year ago and slightly faster than the national increase of 2.6%. Home prices rose by more than $11,000 over the past year, continuing a trend of steady appreciation across the metro.

The rise in home prices reflects a broader trend taking place across the Midwest. Other Midwestern markets such as Minneapolis, Detroit, and Chicago all witnessed price increases above the national benchmark. Yet despite hitting a price record, Kansas City remains relatively affordable, with a median home price still below the national median of $400,000.

More homes are coming onto the market, but buyers are keeping pace. As a result, Kansas City remains in a sweet spot where inventory is improving without slowing sales or putting meaningful pressure on prices.

The median home sale price in Kansas City increased by 3.2% compared to the same time last year, while the national median price rose by 2.6%.

Kansas City median home prices rose by $11,475 year-over-year on a nominal basis in July to $371,475. Meanwhile, the national median home price increased by $10,000 to $400,000.

Kansas City was the 31st highest-priced housing market among the top 40 largest markets last month. The Kansas City median home price of $371,475 was 7.1% below the national median home price. Kansas City's median home price in July is the highest observed price for any month in the market.

The median price of Kansas City single-family homes rose by $12,000 over the past year to $379,000, while the median townhome price grew by 3.4%, and the median condo price rose by 1.4%.

The number of homes for sale in Kansas City increased by 4.3% in July compared to the same time last year, while national homes for sale rose by 4.4%.

Kansas City homes for sale rose by 346 year over year in July to 8,340 homes for sale. Kansas City ranked 20th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

Kansas City homes for sale were below their pre-pandemic levels in the month of July. Kansas City homes for sale were 12.2% below the July 2019 total of 9,497.

Kansas City single-family homes for sale grew by 4.3% to 7,691 in July. In comparison, townhomes for sale fell by 4.6% to 292, and condos for sale increased by 12.6% to 357.

The number of home sales in Kansas City increased by 4.4% in July compared to the same time last year, while national home sales rose by 2.9%.

Kansas City home sales increased by 135 year-over-year on a nominal basis in July to 3,222. For context, 3,087 sales closed in Kansas City in July 2025.

Kansas City ranked 12th for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July increase of 4.4% compares to the 2.6% year-over-year increase in July 2025.

Kansas City single-family sales increased by 4.9% in July to 3,036. In comparison, townhome sales fell by 11.1% to 120, and condo sales rose by 11.9% to 66.

For questions and commentary about this report:

Victor Rodriguez, Senior Director of Market Analytics at CoStar and Homes.com, based in New York, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Victor Rodriguez

Senior Director of Market Analytics

Homes.com

vrodriguez@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Kansas City during July 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Days on MarketThe median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.