KANSAS CITY REAL ESTATE FAST STATS — MAY 2026
Homes sold for an average of 98.8% of original list price
39 days on market on average
2.4 months of inventory, with approximately 7,643 homes available
Most areas of the Kansas City metro remain in a seller’s market, with some price points trending toward balance
Closed Sales decreased 3.6 percent for Existing Homes and 1.2 percent for New Construction homes. Pending Sales decreased 5.3 percent for Existing Homes but increased 4.7 percent for New Construction homes. Inventory decreased 7.4 percent for Existing Homes and 4.6 percent for New Construction homes.
Median Sales Price increased 5.5 percent to $330,000 for Existing Homes and 1.1 percent to $549,200 for New Construction homes. Days on Market remained flat for Existing Homes but decreased 3.8 percent for New Construction properties. Months Supply of Inventory decreased 12.5 percent for Existing Homes and 9.1 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 edged up 0.2% from the previous month to a seasonally adjusted annual rate of 4.02 million, according to the National Association of REALTORS® (NAR). Sales remained unchanged year-over-year. Regionally, existing-home sales rose in the Midwest and South, were flat in the Northeast, and declined in the West. Year-over-year, sales increased in the South, held steady in the West, and fell in the Northeast and Midwest.
National inventory climbed 5.8% month-over-month and 1.4% year-over-year, with approximately 1.47 million properties listed for sale heading into May, NAR reported. At the current sales pace, that represents a 4.4-month supply, reflecting a modest improvement in inventory conditions compared to a year earlier. Homes spent a median of 32 days on the market, down from 41 days the previous month, while the median existing-home price increased to $417,700, up 0.9% from a year ago.
In the Kansas City metro area, the year-to-date average home sales price is $387,504, and the median is $329,000, which hits well below the current national median of $417,700, 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®
