Kansas City, MO is a thriving city with a median value of $113,200 for housing. This is significantly lower than the US median housing value of $338,100. However, while the US saw an 8.27% appreciation in housing in 1 year, Kansas City experienced a much higher 11.97%. This indicates that Kansas City is growing rapidly and quickly becoming more affordable to live in. The appreciation rate combined with the lower overall value makes this location an attractive option for potential homeowners.
The median home cost in Kansas City (zip 64123) is $113,200. Home appreciation the last 10 years has been 102.8%. Home Appreciation in Kansas City (zip 64123) is up 13.9%.
Average Age of Homes
- The median age of Kansas City (zip 64123) real estate is 78 years old
The Rental Market in Kansas City (zip 64123)
- Renters make up 31.2% of the Kansas City (zip 64123) population
- 1.4% of houses and apartments in Kansas City (zip 64123), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.