KANSAS CITY REAL ESTATE FAST STATS — FEBRUARY 2026
Homes sold for an average of 96.3% of original list price
57 days on market on average
2.2 months of inventory, with approximately 6,808 homes available
Most areas of the Kansas City metro remain in a seller’s market, with some price points trending toward balance
Closed Sales increased 13.4 percent for Existing Homes and 2.2 percent for New Construction homes. Pending Sales increased 4.9 percent for Existing Homes and 28.0 percent for New Construction homes. Inventory increased 1.0 percent for Existing Homes and 0.8 percent for New Construction homes.
Median Sales Price increased 5.4 percent to $295,000 for Existing Homes and 18.7 percent to $564,500 for New Construction homes. Days on Market increased 6.3 percent for Existing Homes but decreased 4.0 percent for New Construction homes. Months Supply of Inventory remained flat for Existing Homes but decreased 1.9 percent for New Construction properties.
The majority of the Kansas City metro is still in a seller’s market, but not all areas are alike. Exact data varies from county to county, and for different home prices. There are now some price points and/or areas that are coming into a balanced or buyer’s market. Because market conditions vary by neighborhood and price point, local guidance matters when interpreting these trends. Email Miles Rost or Nicole Laufenberg with questions about the market in your current or future neighborhood. You can also call us at 913-451-4888.
NATIONAL NEWS
Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.
Nationally, the median existing-home price inched up 0.9% year-over-year to $396,800, a new high for the month, NAR reported. Home prices have continued to rise across much of the country, in part due to low supply, which remains below pre-pandemic levels. Total housing inventory stood at 1.22 million units as of the most recent reading, up 3.4% from one year earlier, representing a 3.7-month supply at the current sales pace.
In the Kansas City metro area, the year-to-date average home sales price is $373,064, and the median is $315,000, which hits well below the current national median of $396,800, keeping homeownership affordable in Kansas City!
WHAT THIS MEANS FOR KANSAS CITY BUYERS AND SELLERS
While national housing trends provide useful context, Kansas City continues to stand out for relative affordability and steady demand. With the local median price remaining well below the national average, KC remains attractive for buyers, while sellers still benefit from limited inventory in many KC neighborhoods.
As always, conditions can vary significantly by location, price range, and property type — especially for luxury homes and lake communities.
All stats and information courtesy of KCRAR – the Kansas City Regional Association of Realtors®
