Kansas City Real Estate Market Report - Single Family Homes Sold Over The Last 10 Years In Zip Codes 64113, 64114, 64131

By
Real Estate Agent with BHG Real Estate - Kansas City Homes SP00229578 2007027091

Median Price of Homes Sold in Zip Code 64113 over the last 10 years. Zip Code 64113 can be generally thought of as the Brookside area of Kansas City.

median price of homes sold in zip code 64113 

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Subdivisions in zip code 64113 include Sunset Hill, Suncrest, Hampstead Gardens, Country Club Ridge, Morningside Park, Meyer Circle, Greenway Fields, Stratford Gardens, Romenelli Gardens, Armour Fields, Country Club Heights, Country Club Ridge, Romanelli West, Randall & Wheelock, Bowling Green, Wornall Manor, Rockhill Heights, Meadow Park, Brookside Park, South Country Side, Armour Fields, Hinkle Place, Kingston, Cockin's Addition, and Wing and Steen's Place Annex.

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THE CHART BELOW DEPICTS THE MEDIAN PRICE OF HOMES SOLD IN ZIP CODE 64114 OVER THE LAST 10 YEARS.

MEDIAN PRICE OF HOMES SOLD IN ZIP CODE 64114      ___________________________________________________________________________________________________

Subdivisions in zip code 64114 include Foxcroft, Westmoreland Place, Bales Farm, Verona Hills, Ward Park, Romanelli Gardens, Glen Arbor Estates, Westmoreland Heights, Romanelli Gardens, Waldo Manor Annex, Adare Manor, Bridlespur, Meadow Lake, Ward Parkway Estates, Lea Manor, Waldo Gardens, Red Bridge Gardens, Foxcroft East, Cresthill Acres, Sunset Terrace, Nigros Addition, Hillendale, Red Bridge, Lowe Heights, Bridlespur, Waldo Park, Patt's Fifth Addition, Nel Aro, Country Lane Estates, Nigros Add, Westmoreland, Glen Arbor Estates, Regina Heights, Bond Heights, Prairie Point Place, Broadland, Meadow Lane Gardens, Chowning View, Red Bridge Hills, City heights, Moore's Southland, Belleview Park Addition, Ward Parkway Estates, Thomas Homesteads, Leeview, Armour Heights Annex, Country Lane Estates, Lea Woods Manor, Wells Bros Add, Indian Village, Western Hills, Price Add, Boone Manor Annex, Oakdell, Friendly Homes Add, Turner Heights, Home Gardens, Cresthill Acres, Pine Crest, Colonial Heights, Buckner's 1st Addition, Ivanhoe Heights, Broadland Park.

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THE CHART BELOW DEPICTS THE MEDIAN PRICE OF HOMES SOLD IN ZIP CODE 64131 OVER THE LAST 10 YEARS:

median price of homes sold in zip code 64131   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Take a look at the 64131 Zip Code Area MapZip Code Area Map of 64131 marked with the red pin in the middle. This is a good example of how zip codes do not give a true picture of an area. When evaluating a home in this zip code, it is especially important to break it down into smaller neighborhood areas and subdivisions.

Armour Hills Gardens, Rockhill Gardens, and Oak Meyer Gardens have homes selling in the $200,000's - 300,000's.See chart below:

Armour Hills Gardens subdivision

Homes in some of the other subdivisions are selling for less than $20,000.

blenheim honeysuckle swope park campus Take a look at the chart to the right which depicts homes sold over the last 10 years in Blenheim, Honeysuckle, Swope Park Campus.

Do you see how value depressed those neighborhoods are? 

These homes are not comparable to the ones in Armour Hills Gardens, Rockhill Gardens or Oak Meyer Gardens.

Areas like these are the ones where people in other states buy a house online without ever seeing the property in real life (IRL). They call me after they buy it and want to know if I can sell it for $120,000. LOL

They tell me all about the pictures they saw online and how the guy that sold it to them assured them they could buy it for $40,000 and triple their money overnight. The only one who tripled their money was the guy who bought it for $12,000 and sold it for $40,000.

Know this: if you pay less than $40,000 for a house in Kansas City, it's going to need some work and it's going probably going to be in a depressed area.

Now, a landlord can get a very good return on their investment in some of these areas but it's doubtful that the renters you attract will be doctors and lawyers.

Mortgage Interest Rates

 

 

But I digress. You can buy a nice home for a good price today. Home prices are low; you're getting the discount.

If you bought at the top of the market, you may take less than you'd like but you will get your next home at a discount too.We can look at those numbers before we list your home for sale.

Buyers who could not normally buy the house they wanted in a neighborhood are often able to find one that they can afford. Just 10 or 20,000 dollars can make that difference.

Interest rates are running around 4%. FOUR percent! Some of you may remember interest rates in the 1080's being around 15-18%.

How low will interest rates go? I don't know but there are fewer numbers below 4 than there are above 4. At some point, they're going to have to go back up, right?

 

 

Visit my website to look for a home to buy in Brookside or Waldo. Call me if you have any questions about the selling or buying process or when you're ready to look IRL.

 Market Update for Brookside Feb. 2012 .

  Kansas City Real Estate Blog by Maria Morton      ♪. ♫  816.560.3758 RSS 2.0 Feed for this blog     

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QR Code Scan with smart phone *Information obtained from Heartland MLS is deemed reliable but not guaranteed. 

*This is an eclectic blog combining a little business with pleasure; please consult a licensed professional before making life altering decisions. Maria Morton, Realtor©, ABR, SRES, WHS, is a Kansas City Real Estate Agent licensed in MO & KS and affiliated with Prudential Kansas City Realty 816.410.5499.o Maria Morton Copyright © 2011 *Kansas City Real Estate Market Report - Single Family Homes Sold Over the Last 10 years in Zip Codes 64113, 64114, 64131*

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*Information obtained from Heartland MLS is deemed reliable but not guaranteed. *This is an eclectic blog combining a little business with pleasure; please consult a licensed  professional before making life altering decisions. ♪♫  Scan QR code for homes for sale mobile app:

Maria Morton of Better Homes & Gardens Real Estate is a licensed Real Estate Agent in KS & MO. 816-560-3758 Mobile 816-410-5499 Office 816-410-6302 eFax 435 Nichols Road Ste. 300 Kansas City, MO 64112   Maria Morton Copyright © 2008-2013 

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Comments 4 New Comment

Rainmaker
1,287,215
Vickie Nagy
Broker for San Ramon, Danville, Dublin, Pleasanton
Vickie Nagy, Broker Associate Realty ONE Group BMC Associates | BRE#01363932

Love the chart with the average mortgage interest rates! I know when I speak of the high rates of the 1980's many young buyers shake their heads in disbelief!

July 02, 2011 01:38 PM
Anonymous #2
Anonymous
Anonymous

Nice post !

4th of July hope you and your family enjoy are great weekend ! ... I just returned from a Southern trip here in the States visiting family ;p dallas homes for rent by owner dallas houses for rent by owner lynn911.com

July 03, 2011 11:53 PM
Anonymous #3
Anonymous
Anonymous

I think my parents bought their first home for $20,000 many decades ago. They were shocked at what I paid for my condo ten years ago.

July 08, 2011 08:17 PM
Rainmaker
509,422
Maria Morton
Kansas City Real Estate 816-560-3758
BHG Real Estate - Kansas City Homes

LOL I bet they were, Eric!

July 10, 2011 05:21 PM
Rainmaker
509,422

Maria Morton

Kansas City Real Estate 816-560-3758
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