There are currently 45,003 real estate properties in Kansas City, KS, with a median automated valuation model (AVM) price of $155,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kansas City, KS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Kansas City, KS, is $166,805.00, with the most expensive house in Kansas City, KS, topping out at $7,843,100.00 and the cheapest home in Kansas City, KS, clocking in at $14,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Kansas City, KS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kansas City, KS, is on a rollercoaster ride. The average rent price in Kansas City, KS, is $1,110.00. Indeed, when looking to rent in Kansas City, KS, you can expect to pay as little as $480.00 or as much as $3,260.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Kansas City, KS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Kansas City, KS area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Kansas City, KS and much more. Save thousands at closing with home foreclosure listings in Kansas City, KS — up to 75% off market value!
Kansas City is located in Wyandotte, Kansas, with an estimated municipal population of 152,960 residents. All of the best foreclosed homes for sale in Kansas City are located in the following zip code areas on Foreclosure.com: 66101 66102 66103 66104 66105 66106 66109 66115 66112 66111 66118 66110 66117 66119 66160. The estimated population per square kilometer (.62 miles) in Kansas City is 473.
So, about how much do homes cost in Kansas City? The most recent median value of resident-owned homes in Kansas City is 96,642. An estimated 56.3 percent of households in Kansas City own their homes, with an average family size of 3.47. The median household income in Kansas City is 45,665, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Kansas City, the median commute time of resident workers (in minutes) is 21.1. And last, but certainly not least, are you looking for homes to rent in Kansas City? If so, the average rent price paid by renters in Kansas City is 885, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Kansas City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Kansas City is 33.5, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Kansas City is 42.3, with an average family size of 3.47.
The percentage of residents who report their race in Kansas City is as follows:
|Black / African American||23.3%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Kansas City? Or maybe you are searching for 55+ active adult communities in and/or near Kansas City?
The percentage of residents who report their age in Kansas City is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Kansas City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Kansas City.
How do you know that living in -- or moving to -- Kansas City is right where you need to be? Perhaps you grew up in Kansas City or already live nearby; therefore, the decision to buy a home in Kansas City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Kansas City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Kansas City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Kansas City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Kansas City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Kansas City, meanwhile, can field multiple offers from more qualified buyers.
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