KC Housing Market Slows for the Holidays – What November Data Really Shows
Kansas City Housing Market Update
The market cooled seasonally in November, but prices stayed firm and inventory pulled back from October’s highs—giving buyers more breathing room while keeping values strong for sellers.
Market Snapshot – Month-over-Month & Year-over-Year
Here’s how November 2025 compares to October 2025 and November 2024 (combined resale + new construction).
| Metric | Nov 2025 | Oct 2025 | Nov 2024 | MoM | YoY |
|---|---|---|---|---|---|
| Closed Sales | 2,677 | 3,263 | 2,882 | ▼ 18.0% | ▼ 7.1% |
| Median Price | $325,000 | $330,000 | $303,500 | ▼ 1.5% | ▲ 7.1% |
| Average Price | $388,639 | $399,212 | $363,491 | ▼ 2.7% | ▲ 6.9% |
| Days on Market | 43 | 41 | 41 | ▲ 4.9% | ▲ 4.9% |
| Inventory | 8,066 | 8,714 | 7,440 | ▼ 7.4% | ▲ 8.4% |
| Months Supply | 2.6 | 2.8 | 2.5 | ▼ 7.1% | ▲ 4.0% |
Seasonal slowdown pulled sales and prices back slightly from October, but compared with last year, values are still up and inventory remains higher.
Resale Market (Existing Homes)
More inventory, slightly longer days on market, and steady price growth define November’s resale market.
Buyers have more choice and a bit more time than last year, but well-prepped and well-priced homes are still commanding strong prices.
New Construction (Builders)
Builders leaned into incentives and pricing adjustments, which helped boost closings and pendings even as prices reset from last year’s peaks.
Time on market improved and pending sales climbed, showing that buyers are responding to builder incentives and adjusted pricing.
Watch: November 2025 Kansas City Market Breakdown
Prefer video? Here’s my full breakdown of November’s numbers and what they mean if you’re thinking about buying or selling in 2026.
What This Means for You
For Buyers
- More inventory and slightly longer DOM give you more time to decide.
- New construction incentives can help offset closing costs or upgrades.
- This quieter season can be a great time to negotiate before spring demand returns.
For Sellers
- Prices are still up solidly year-over-year.
- Pricing and presentation matter more as buyers become choosier.
- Serious, motivated buyers are still out there, especially with rate relief.
For Investors
- Higher inventory and slight price softening vs October can create targeted buying opportunities.
- New-build discounts and incentives may boost long-term rental returns.
- KC continues to show steady appreciation compared with many coastal markets.
Ready to Make a Move?
Whether you’re buying, selling, or planning your next move for 2026, I’ll help you build a clear strategy around your numbers and your goals.
Sources: Kansas City Regional Association of REALTORS® Monthly Indicators (November 2025). Figures rounded for readability.
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