Kansas City Real Estate Market Update: Why 2025 Is a Smart Time to Buy or Sell

If 2024 felt like a real estate rollercoaster, you weren’t alone. According to national data, 70% of homebuyers took a break from their search last year—and plenty of buyers here in Kansas City, Liberty, Smithville, Kearney, and Parkville did the same.

Between rising mortgage rates, tight inventory, and increasing prices, it was tough to find the right fit at the right time.

But here’s the good news: the Kansas City real estate market is shifting, and the numbers show that this spring might be the best time to press “play” on your home search.

What’s New in the Kansas City Real Estate Market?

We pulled the latest stats from the Heartland MLS February 2025 Report, and there’s plenty of reason for optimism if you’re a buyer—or a seller looking to make a smart move.

Inventory Is Growing

Let’s start with one of the most important metrics: available homes for sale.
In February 2025, inventory in the Kansas City region rose to 6,185 listings, up from 5,897 in February 2024—a 4.9% increase. That may not sound like a massive leap, but in this market, every new listing matters.

With more homes hitting the market, buyers now have more options to explore, whether you’re dreaming of new construction in Smithville or a fully renovated two-story in Liberty.

Home Buyers Have a Bit More Breathing Room

In 2021 and 2022, blink and the house was gone. But those intense days are behind us—at least for now.

• The average days on market until sale is now 56 days, up from 54 days this time last year.
• That’s a 3.7% increase year-over-year and gives you a little more space to tour homes, weigh your options, and write an offer that feels thoughtful—not rushed.

As competition levels out, that sense of urgency is replaced with opportunity.

Prices Are Still Rising—but at a More Manageable Pace

The Kansas City market is still strong, and that includes home values. In fact:

• The average sales price rose to $349,565, up 5.9% from last year.
• The median sales price increased to $303,000, a 9.1% jump from February 2024.

Yes, prices are still climbing—but we’re no longer seeing the sharp spikes from the pandemic-fueled frenzy. What we’re seeing now is steady appreciation—and that’s great news for buyers and sellers looking to build wealth over time.

So…Is It Still a Good Time to Sell?

Absolutely. Inventory is rising, yes—but it’s still well below pre-pandemic levels, which keeps the demand high for well-priced homes.

And even with slightly longer time on market, sellers are still receiving an average of 96.7% of their original list price—the same as this time last year.

The key? Working with a team who knows how to market your home right.

What This Means for You

• If you’re a buyer, the current market offers more selection, a bit more negotiating power, and a less frantic pace than we’ve seen in recent years.
• If you’re a seller, your home can still shine and attract serious offers—especially with the right strategy, pricing, and presentation.

It’s a unique window where both sides of the market are finding balance—and those don’t come around often.

Ready to Restart Your Home Search?

At Abby Powers & Company, we’re not just about closings—we’re about connections. We take pride in answering the phone, showing up in person, and making sure you feel confident every step of the way.

Let’s make this the season you move forward:

📲 Call or Text Us at 816-295-9835