At MAREI, we’re always keeping a close eye on the Kansas City real estate market — and we rely on trusted local experts like Kyle Niemann, Realtor, Economist, and Founder of HouseGraphs.com, to help make sense of the numbers.

Kyle tracks Kansas City’s housing data every month and regularly shares his insights with our community. His latest update gives investors a timely look at how the market performed in May 2025, just as we headed into the busy summer season.

We’ve summarized the key highlights below — and we invite you to hear directly from Kyle as he takes a deeper dive into these trends at our MAREI Online Nationwide Real Estate Investor Meeting on Thursday, July 24th at 6:30 PM Central.

May 2025 Market Highlights: What We’re Seeing in Kansas City

Prices Are Still Climbing

As expected for the season, resale home prices in Kansas City moved higher in May. The median sales price hit $312,000, reflecting a 4.5% increase over May 2024 and a $16,000 jump from April.

That’s a 5.4% month-over-month gain — stronger than average for this time of year — showing buyer demand remains solid as we hit the heart of the buying season.

Listings Are Picking Up Steam

Kansas City saw a continued surge in new listings in May, with a 13.42% increase over last year. This marks the third straight month with near double-digit growth in listings — a sign that more homeowners (and builders) are bringing properties to market.

Digging deeper into year-to-date numbers:

Resale home listings are rebounding steadily from their 2023 lows but remain just shy of pre-COVID levels.
New construction listings are on the rise too, though still about 350 units short of the 2018 peak.

Overall, we’re seeing listing counts trend toward normal — and if this growth continues, we could be back to pre-pandemic inventory within a few years.

Contracts & Closings Are Gaining Momentum

May marked a shift in contract activity, with a 16% year-over-year increase in contracts written after several neutral months.

More listings mean buyers have a bit more breathing room, but well-priced, well-presented properties are still attracting multiple offers. We expect closings to tick up through June and July, following the usual contract-to-closing cycle.

Challenges on the Horizon?

May marked a shift in contract activity, with a 16% year-over-year increase in contracts written after several neutral months.

What’s Next for Kansas City Investors?

As we watch June numbers roll in, the big question is whether this year’s spring momentum will carry into a strong summer season.

Our advice? Keep tracking inventory, pricing, and days on market — and stay connected with local experts who can help you make smart investment moves.

Want Kyle’s Full Analysis and Investor Insights?

Join us on Thursday, July 24th at 6:30 PM Central for MAREI’s Online Nationwide Real Estate Investor Meeting featuring a live deep dive with Kyle Niemann.

✅ Free for MAREI Members — Guests Welcome
✅ RSVP now to save your spot and get the Zoom link at www.MAREI.org/Calendar

We’ll kick things off at 6:00 PM for early networking before we dive into what’s driving the Kansas City market — and what investors should watch for next.