Heartland MLS just posted stats for June which marks mid year in 2026. As we move into the second half of 2026, I wanted to take a step back and look at where the Kansas City market stands. Each city varies but Kansas City has bene holding steady. Every month we see new statistics released, but numbers only tell part of the story. Being active in the market every day gives a much different perspective than simply looking at a report. Being active gives you the day to day and current environment we are seeing.

Over the past several months, I've continued to see a market that's healthy but I do see inventory starting to tighten. Not COVID levels but people are not sitting on the sidelines anymore. Buyers have more choices with more houses hitting the market but there is many buyers looking. Whether you invest or buying a personal residence it's a different market than 1-2 years ago.

Here's the recent June numbers below...

June Market Snapshot

• Average Sales Price: $410,448 (+4.4% year-over-year)
• Average Days on Market: 36 Days
• Months of Supply: 2.4 Months
• Average List-to-Sale Price: 98.8%
• Closed Sales: 4,026
• Pending Sales: 3,477
• Active Listings: 7,818

Overall, the June numbers continue to point toward a healthy Kansas City market. The average sales price climbed 4.4% compared to June of last year, reaching $410,448, while homes sold 5.9% faster, averaging just 36 days on market. Sellers also continued to receive 98.8% of their original list price, essentially unchanged from a year ago (+0.2%), demonstrating appraisals and offers are coming in strong.

Inventory remains one of the biggest stories. From what I am seeing it is starting to decrease at a slight rate. While the number of active listings increased to 7,818, inventory is still sitting at just 2.4 months of supply, which is 11.1% lower than last June. Closed sales increased 2.4% year over year to 4,026, signaling that more buyers are jumping in despite higher interest rates. Pending sales, however, dipped 1.6%, July has seemed busy so I expect July numbers to reflect that.

What I'm Seeing In The Field

The market statistics provide a good overview, but they don't always reflect what's happening from one neighborhood to another.

I work mostly in the fixer upper, small multi family (10 units and below) and starter homes (sub 300K). Each of these segments are seeing strong demand. June was an awkward month but July is moving. I have ran into multiple offers and homes going pending in a couple days.

Area always plays a part. Properties in desirable neighborhoods continue to show strong interest and often sell quickly. Regardless of what strategy or reason behind buying, buyers/investors look at the area carefully. Suburbs still lead in interest with certain school districts being very hot.

Overall, I think we're moving toward a market where these trends continue. I doubt inventory continues to drop but that may happen. Kansas City is definitely not a slow market. Good properties are still selling quickly, quality investment properties are still being snapped up, and buyers are active. As always homes need to be priced and shown well to sell.

My Outlook For Q3 & Q4

Looking ahead, I don't expect any major changes to the overall direction of the Kansas City market.

I believe inventory will continue to slowly decrease throughout the remainder of the year, giving sellers leverage and buyers need to understand they may be competing.

I also expect pricing to become even more important. Homes that are properly prepared and priced appropriately should continue selling quickly. Sellers who list their home poorly won't see the same results as their neighbors.

For investors, I always see Q3 & Q4 perform very strong. Often buyers start initiating 1031 deals and more inventory comes on the market.

Kansas City continues to benefit from strong affordability compared to many larger metro areas, which remains one of the reasons I stay optimistic about our long-term market. If you add in the developments gong in across the city and job opportunities it's attractive for buyers or renters.

Triplex Spotlight

Last I wanted to highlight a small multi family I just listed for a client. This is located in Independence.

The property is listed at $225,000 and currently generates $2,525 per month in gross rental income, already exceeding the 1% rule.

The current rent roll includes:

• Two 2-bedroom units renting for $925/month
• One 1-bedroom unit renting for $675/month

The current rents are below market, giving the next owner multiple paths to increase returns over time. An investor could continue collecting cash flow as-is, gradually increase rents as leases renew, or rehab to charge market rents and cashflow even more.

Finding small multifamily properties with both existing cash flow and future upside has become increasingly difficult in today's market, which is why this is a great deal!

Final Thoughts

If there's one takeaway from the first half of 2026, it's that Kansas City remains a steady but hot market. The days of buying almost anything and expecting immediate appreciation are behind us. We aren't seeing major appreciation but long term you will reap the fruits.

Whether you're buying your first home, expanding your investment portfolio, or considering selling, understanding what's happening beyond the headlines has never been more important.

I'm excited to see what the second half of 2026 brings and look forward to sharing more market insights along the way.

If you need help in the Kansas City area I am your guy