KANSAS CITY REAL ESTATE FAST STATS — JULY 2026
Homes sold for an average of 98.1% of original list price
36 days on market on average
2.6 months of inventory, with approximately 8,258 homes available
Most areas of the Kansas City metro remain in a seller’s market, with many price points trending toward balance
Closed Sales increased 5.1 percent for Existing Homes and 5.7 percent for New Construction Homes. Pending Sales decreased 8.9 percent for Existing Homes but increased 10.5 percent for New Construction Homes. Inventory decreased 5.0 percent for Existing Homes and 6.3 percent for New Construction Homes.
Median Sales Price increased 2.2 percent to $332,000 for Existing Homes and 3.8 percent to $539,224 for New Construction Homes. Days on Market increased 3.4 percent for Existing Homes and 12.1 percent for New Construction Homes. Months Supply of Inventory decreased 11.5 percent for Existing Homes and 10.9 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 declined 2.4% from the previous month to a seasonally adjusted annual rate of 4.09 million units, according to the National Association of REALTORS® (NAR). Regionally, sales increased in the Northeast but declined in the West, South, and Midwest. Compared to a year earlier, existing-home sales rose 2.8%, with gains in the Midwest, South, and West while remaining unchanged in the Northeast.
Nationally, the median existing-home price hit a new record of $440,600, a 1.8% increase from a year earlier, NAR reported. Home prices have now increased on an annual basis for 36 consecutive months, reflecting continued demand despite inventory remaining below historically balanced levels. Heading into July, there were 1.56 million properties for sale, down 0.6% month-over-month but up 1.3% from the same period last year, representing a 4.6-month supply at the current sales pace. Homes spent a median of 28 days on the market, with first-time homebuyers accounting for 33% of home purchases.
In the Kansas City metro area, the year-to-date average home sales price is $394,794, and the median is $335,000, which hits well below the current national median of $440,600, 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®
