South Kansas City Market Trends for Zip Code 64145
The market in the portion of South Kansas City's 64145 zip code is brisk for a confined area with homes that are mostly newer (under 20 years old). There are 10 homes on the market for sale now with 2 under contract with sales pending, and 4 that have sold and closed. There are fewer homes for sale now compared to October last year, and currently more sales. So, that's a bit of good news for homeowners in South Kansas City who may be thinking of selling their home this winter.
But, be careful, there is a pretty big gap between what sellers list their homes for and what buyers are willing to pay - with differences of $221,000 and $287,000. After January, August was the best month for sellers this year with buyers paying close to what sellers were asking. Otherwise, we have a lot of homes that priced higher than the market dictates. The lesson is to be careful when you price your home, and to make sure it is priced accurately. As your listing agent, I will share comparable home sales and graphs like these that will illustrate what is going on with home prices in your neighborhood.
If you'd like a more customized market report, or one specific to your home and neighborhood, please call me for a complimentary Market Analysis.