KANSAS CITY REAL ESTATE FAST STATS — MARCH 2026
Homes sold for an average of 97.5% of original list price
52 days on market on average
2.2 months of inventory, with approximately 6,946 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 12.4 percent for Existing Homes and 1.0 percent for New Construction homes. Pending Sales decreased 2.7 percent for Existing Homes but increased 14.3 percent for New Construction homes. Inventory decreased 5.3 percent for Existing Homes and 1.8 percent for New Construction homes.
Median Sales Price increased 10.5 percent to $309,300 for Existing Homes and 10.1 percent to $543,500 for New Construction homes. Days on Market remained flat for Existing Homes but increased 8.5 percent for New Construction properties. Months Supply of Inventory decreased 9.5 percent for Existing Homes and 5.6 percent for New Construction homes.
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
U.S. existing-home sales unexpectedly rose 1.7% month-over-month to a seasonally adjusted annual rate of 4.09 million, as lower mortgage rates helped boost buyer activity, according to the National Association of REALTORS® (NAR). Monthly sales increased in the Midwest, South, and West but decreased in the Northeast. Sales increased year-over-year in the South, but fell in the Northeast, Midwest, and West.
Data from NAR show that inventory continued to grow nationwide, ticking up 2.4% month-over-month and 4.9% year-over-year to 1.29 million units heading into March, representing a 3.8-month supply at the current sales pace. Meanwhile, home prices increased for the 32nd consecutive month, climbing 0.3% year-over-year to $398,000.
In the Kansas City metro area, the year-to-date average home sales price is $379,367, and the median is $320,000, which hits well below the current national median of $398,000, 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®
