Kansas City Missouri Housing Market: Prices & Forecasts 2022

Abstract

Kansas City's housing market is one of the most affordable in the nation. Rents have also increased 2.0 percent in Kansas City, making it the metro area's fourth-fastest-growing city. The average sale price increased by 13.1% to $333,681 in April 2022. The number of sales was down 7.5% year-over-year. The first quarter of 2022 was $229,700. The annual growth rate was 8.4%. The Kansas City metro area was $230,700 for the first quarter in 2022. The average price in the first year of 2012 was $227,700 and the annual growth rates were 8.3%. The typical home value in the Kansas City area is currently $283,085 and 50 percent is worth less (adjusting for seasonal fluctuations) The average home value of homes in the area is $280,000 to $300,000 in a given month.