Kansas City, MO

Population: 463,874
Average annual home appreciation rate: 3.08%
Total of homes for sale in this market: 1,562
Median home price: $125,748
Median Rent: $620 per room
Home price range: 42.29% of homes are between $92,001 – $185,000
Median sales price: $25,000
Number of homes: 744
Median foreclosure sales price: $31,925
Foreclosure discount: N/A
Most common home type: 62.25% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.56%
Number of renters: 41.77%
Number of owner occupied: 58.23%
Number people living below poverty level: 18.80%
Unemployment rate: 7.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Kansas City area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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