In June, home prices rose substantially from the month before, with a median listing price of $299,225.
The number of listings on the market grew 20.4%, which is a bigger increase than normal for this time of the year in Kansas City, and homes are also selling close to the same pace as the same time last year.
Home prices in Kansas City
Typically, home price per square foot in Kansas City tend to fall in June. But the most recent data shows that the price per square foot increased by 0.4% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.4%, which means price changes in the Heart of America are outpacing the national market…