📊 Kansas City Real Estate Market Update – Q3 2026

🏡 What’s happening in the Greater Kansas City housing market?

The latest HMLS market update is here! 🎥 The third quarter of 2026 brought some interesting changes to the Kansas City real estate market, with more homes going under contract, continued price appreciation, and limited inventory.

Here’s a look at how the market performed compared to Q3 2025:

📈 Q3 2026 Market Highlights

🏡 Pending Sales: Increased 7.9% to 9,174

🔑 Closed Sales: Decreased 2.1% to 10,407

📋 Inventory: Decreased 1.1% to 8,832 homes

💰 Average Sales Price: Increased 4.5% to $403,178, marking the 38th consecutive month of price increases!

📊 Original List Price vs. Sales Price: Increased 0.3% to 97.6%

🏠 Months of Inventory: Decreased 3.4% to 2.8 months of supply

🔍 What Does This Mean for Buyers & Sellers?

The Kansas City housing market continues to experience price appreciation, while available inventory remains limited.

With pending sales increasing and inventory declining, buyers are still navigating a competitive market. Meanwhile, homeowners may be hesitant to sell because they don’t want to give up the lower mortgage rates they secured in previous years.

Borrowing costs also remain an important factor. The Federal Reserve raised its federal funds rate target by a quarter of a percentage point to 3.75%–4%, marking its first increase since July 2023.

Understanding these trends can help buyers and sellers make more informed decisions about their next move.

🎥 WATCH THE FULL Q3 2026 MARKET UPDATE!

Get a closer look at the numbers and what they mean for the Greater Kansas City real estate market.

Thinking about buying or selling a home? Having the right information and a knowledgeable real estate professional can make all the difference. 📲 Let’s talk about your real estate goals!