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Zip Code 64118

Kansas City, MO • Clay County

Real Estate Market Analysis

Q3 2025 Report
$260,391 (ZHVI, Mar 2025)
Median Home Value
~44,000 (est., 2025)
Population
$62,000 (est., 2025)
Median Income
Above average (B+ to A-)
School District Rating

Market Statistics

Property Values

$260,391 (ZHVI, Mar 2025)
Median Home Value
$1,400–$1,600 (est., 2025)
Median Rent
$145–$155 (est., 2025)
Price per Sq Ft

Market Performance

Home Appreciation+3.5% (past year); projected +5.6% for 2025[3][4][1]
Market VelocityHomes go pending in ~8 days[3]
Foreclosure RateLow; below national average (est., 2025)

Area Information

Area Size~16 sq mi
CountyClay
Primary CityKansas City

Housing Profile

Housing Statistics

Total Housing Units~18,000 (est.)
Owner Occupied~62% (est.)
Rental Properties~38% (est.)
Vacant Units~6% (est.)
New ConstructionModerate; increased activity in 2024–2025[1][4]

Housing Types

Single-family homesTownhomesSmall multifamilyApartments

Demographics

~44,000 (est., 2025)
Population
36
Median Age
$62,000 (est., 2025)
Median Income
~96% (unemployment ~4%)
Employment Rate
High school grad+: 91%; Bachelor’s+: 27% (est.)
Education Levels
Mix of families, singles, and retirees; 30% households with children
Family Composition

Education Quality

School District Performance

Above average (B+ to A-)
District Rating
School DistrictNorth Kansas City School District
Test ScoresAbove state average (math and reading proficiency 60–65%)
Graduation Rates~91%

Schools in Area

  • Oak Park High School
  • Antioch Middle School
  • Chapel Hill Elementary
  • Clardy Elementary

Economic Factors

Employment & Business

Job GrowthSteady; projected +2.1% for 2025
Unemployment Rate~4% (2025)
Business EnvironmentDiverse, stable; mix of healthcare, tech, manufacturing
Commercial ActivityActive retail corridors, growing small business presence

Major Employers

  • Cerner
  • North Kansas City Hospital
  • Ford Motor Company
  • Education sector

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • I-29
  • • US-169
  • • Metro bus service

Utilities & Services

  • • Evergy (electric)
  • • Spire (gas)
  • • KC Water
  • • Google Fiber, Spectrum (internet)

Quality of Life

Safety & Environment

Moderate; property crime slightly above national average, violent crime below city average

Good; ample green space, moderate air quality

Healthcare Access

  • • North Kansas City Hospital
  • • Urgent care clinics

Development Trends

Planned Developments

  • New single-family subdivisions
  • Mixed-use retail/residential projects

Infrastructure Projects

  • • Road widening on Barry Rd
  • • Park improvements

Investment Outlook

Growth Outlook

Positive; steady population and housing demand growth

Investment Opportunities

  • • Single-family rentals
  • • Value-add multifamily
  • • Small commercial properties

Marketing Intelligence

Target Demographics

  • Young families
  • First-time buyers
  • Move-up buyers
  • Investors

Competitive Advantages

  • Strong schools
  • Proximity to downtown
  • Affordability

Pricing Strategies

List near market value; expect multiple offers on well-priced homes

Common Objections & Response Strategies

Objection: Affordability concerns due to rising prices and interest rates

Response Strategy:

Show value vs. city core, highlight lower taxes and strong appreciation[4]

Objection: Limited inventory of move-in ready homes

Response Strategy:

Promote new construction and value-add opportunities

Objection: Perceived crime rates

Response Strategy:

Provide neighborhood-specific data; emphasize community policing and local amenities

Professional Recommendations

1

Leverage school ratings and family amenities in marketing

2

Educate buyers on fast-moving market and need for pre-approval

3

Target investors with rental yield and appreciation data

4

Monitor new construction for opportunities and competition

5

Address affordability concerns with creative financing options

Competitive Analysis

Comparable Markets

  • 64119 (Gladstone)
  • 64151 (Parkville)
  • 64155 (Northland)

Market Positioning

Affordable, family-friendly, strong schools, close to downtown

Competitive Advantages

  • Lower price per sqft than 64151/64155
  • Better schools than 64119

Price Comparison

64118 median home value ~$260k vs. 64151/64155 ~$300k+

Investment Metrics

5.5%–6.5% (single-family rental, est.)
Cap Rates
~6% gross yield
Rental Yields
~14–16
Price-to-Rent
Positive for well-bought properties; strong rental demand
Cash Flow
+5.6% for 2025[1][4]
Appreciation

Buyer Journey Insights

First-Time Buyers

Strong options under $300k; highlight down payment assistance and school quality

Move-Up Buyers

Larger homes available; emphasize value vs. city core

Downsizers

Townhomes and smaller single-family homes; low-maintenance options

Investors

Solid rental yields, low vacancy, rising rents

Relocators

Proximity to major employers, good schools, easy highway access

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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