Homes Under $500K for Sale in Kansas City, MO
· 1,696 homes fit this search1,696 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Kansas City, MO
Kansas City, MO has 1,696 homes under $500k for sale right now, with a median list price of $223,950. These homes under $500k were built between 1860 and 2026. Most are between 837 and 2,690 square feet.
Housing market trends in Kansas City, MO (all homes)
2,067
Homes for sale in Kansas City · 83 coming soon
$265,000
Median list price
22 days
Median days to contract
3.46 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $293,000 | $309,000 | $295,000 |
| Median price per sq ft | $163 | $166 | $168 |
| Median days to contract | 26 | 22 | 25 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 586 | 610 | 479 |
| New listings | 879 | 829 | 607 |
| Went under contract | 588 | 559 | 438 |
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Price Cut · $21K
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Price Cut · $20K
Price Cut · $5K
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Price Cut · $5K
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Community pool
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Price Cut · $15K
Price Cut · $10K
Price Cut · $10K
① Kansas City itself — the place you are on
Popular home searches in Kansas City
| Search | For sale |
|---|---|
| Open houses | For sale142 |
| Luxury homes | For sale86 |
| Just listed homes | For sale140 |
| Price-reduced homes | For sale927 |
| Coming soon homes | For sale83 |
| Homes under contract | For sale761 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Kansas City
| Price range | For sale |
|---|---|
| Under $200,000 | For sale756 |
| Under $300,000 | For sale1,178 |
| Under $400,000 | For sale1,490 |
| Under $500,000 | For sale1,696 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
② Its neighborhoods — one step out
Nearby neighborhoods to Kansas City
| Neighborhood | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | For sale | Median sale | Sell-to-list | Days to contract | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Ruskin Heights | Seller's | 2.7 mo | 15 | Median$140,500 | 96% | 22d | 1 | 7 |
| Marlborough Heights | Seller's | 3.2 mo | 15 | Median$155,000 | 98% | 28d | 1 | 7 |
| Armour Hills | Strong Seller's | 1.4 mo | 6 | Median$479,500 | 104% | 10d | 4 | 3 |
| Ruskin Hills | Seller's | 2.6 mo | 8 | Median$173,000 | 102% | 30d | 0 | 3 |
| Red Bridge | Seller's | 2.7 mo | 8 | Median$355,000 | 101% | 12d | 0 | 5 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.
③ Nearby cities — two steps out
Search homes nearby Kansas City
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Kansas City | Seller's | 3.8 mo | Median$259,925 | 98% | 21d | 2,150 | 83 | 771 |
| Independence | Seller's | 3.3 mo | Median$225,000 | 99% | 20d | 450 | 15 | 161 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 19d | 420 | 15 | 208 |
| Blue Springs | Seller's | 2.7 mo | Median$383,000 | 99% | 18d | 212 | 12 | 115 |
| Raytown | Seller's | 3.5 mo | Median$213,450 | 98% | 23d | 136 | 9 | 33 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.