09/08/2026
π‘ Kansas City Real Estate Update β September 7, 2026
August gave Kansas City buyers slightly more inventory, but the increase wasnβt caused by a flood of new listings. Homes are simply taking longer to sell.
Here are the numbers:
β’ Active listings: 6,284 β up 2.1% from July
β’ New listings: down 5.0% from July
β’ Pending listings: down 6.7% from July
β’ Median asking price: $390,000 β down 2.5%
β’ Median market time: 50 days, compared with 47 days in July
β’ Average 30-year mortgage rate: 6.71% as of September 3
What does that mean?
Buyers may find more negotiating room, especially when a home has been sitting on the market or missed the mark on pricing. Sellers still have opportunities, but correct pricing, preparation and presentation are becoming increasingly important.
Olathe Public Schools has also proposed closing six schools beginning with the 2027β28 school year. A final decision has not been made, but buyers considering Olathe should verify current school assignments and understand that future boundaries could change.
Sources:
Realtor.com data via FRED:
https://fred.stlouisfed.org/series/ACTLISCOU28140
Freddie Mac mortgage rates:
https://www.freddiemac.com/pmms
Olathe Public Schools proposal:
https://www.olatheschools.org/posts-details-page/~board/news-articles-archive/post/six-schools-recommended-for-closure-beginning-in-2027-28
Have questions about buying, selling or understanding your neighborhoodβs market?
Majid Ghavami | Ghavami Homes
π± 913-980-2434
ReeceNichols: 913-345-0700