KANSAS CITY REAL ESTATE FAST STATS — SEPTEMBER 2026
Homes sold for an average of 97.0% of original list price
42 days on market on average
2.8 months of inventory, with approximately 8,832 homes available
Most areas of the Kansas City metro remain in a seller’s market, with many price points trending toward balance
Closed Sales decreased 6.2 percent for Existing Homes and 11.2 percent for New Construction homes. Pending Sales decreased 15.8 percent for Existing Homes and 5.6 percent for New Construction homes. Inventory decreased 1.2 percent for Existing Homes and 0.6 percent for New Construction homes.
Median Sales Price increased 4.7 percent to $315,000 for Existing Homes and 1.4 percent to $532,500 for New Construction homes. Days on Market increased 9.4 percent for Existing Homes and 8.4 percent for New Construction homes. Months Supply of Inventory decreased 3.8 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 fell 2.0% from the previous month and 1.2% from a year earlier to a seasonally adjusted annual rate of 3.98 million, the first reading below 4 million since June 2025, according to the National Association of REALTORS® (NAR). Sales held steady in the West and declined in the Northeast, Midwest, and South. Compared with a year earlier, sales were unchanged in the South and declined in the Northeast, Midwest, and West.
Heading into September, there were 1.62 million homes listed for sale, up 3.2% from the previous month and 5.9% from a year earlier, the first time inventory has exceeded 1.6 million units since November 2019, NAR reported. That represents a 4.9-month supply at the current sales pace, up from 4.6 months a month earlier and the highest level in over ten years, according to NAR Chief Economist Lawrence Yun. The median existing home sales price rose 1.6% year-over-year to $429,100, marking 38 consecutive months of annual gains, and year-to-date sales are up 1.6%. The Federal Reserve raised its benchmark rate by a quarter point on September 16 to a range of 3.75% to 4%, its first increase since July 2023, and the 30-year fixed-rate mortgage moved above 7% in late September, up from an August average of 6.67%, according to Freddie Mac.
In the Kansas City metro area, the year-to-date average home sales price is $396,154, and the median is $335,000, which hits well below the current national median of $429,100, 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®
