Kansas City, MO Housing Market Report

The Kansas City housing market as of December 2025 is transitioning into a more balanced environment, offering a reprieve for buyers who have faced years of tight inventory. With active listings up more than 10 percent year-over-year to 5,620 units, the supply constraint is easing significantly. While the market still maintains a sale-to-list ratio of 1, indicating that homes are generally selling for their asking price, the increase in days on market to 47 suggests that the frantic bidding wars of previous years have cooled. This shift grants buyers more time to conduct due diligence and negotiate terms without the immediate pressure of same-day offers.

Price trends in the region show a pattern of slow, sustainable appreciation rather than volatile spikes. The median home value reached $240,055 in December, representing a modest annual increase of 0.83 percent. Over the last six months, prices have climbed steadily but incrementally, moving from $238,676 in July to the current peak. This steady climb reflects a market that is absorbing new inventory without experiencing a price correction, supported by a robust rental market where median rents have surged by 4.48 percent to $1,389. The rising cost of renting continues to provide a strong incentive for long-term residency through homeownership.

Looking ahead, the Kansas City metro area remains one of the more affordable mid-sized markets in the country, which should sustain demand despite broader economic shifts. For sellers, the key to success in 2026 will be realistic pricing and property presentation, as the eight-day increase in average time on market indicates that buyers are becoming more selective. For buyers, the current conditions represent a strategic window to enter the market with more options and less competition than in previous cycles. As inventory continues to build, the market is likely to remain stable, favoring those who prioritize long-term equity over short-term speculation.