Kansas City, Missouri, stretched along the Missouri River, is a culturally rich and diverse city, that is experiencing a booming real estate market. The city and its metro area straddle both Missouri and Kansas, providing plenty of housing options ranging from historic homes to new development. Downtown Kansas City offers more established, older mixed growth neighborhoods on the Missouri side, while the side in Kansas is experiencing big growth in new homes.
Downtown is bringing back young professionals seeking a dynamic community in which to live, work, and play. The city’s downtown area has experienced a massive revitalization effort as billions of dollars were invested to establish new condominiums, apartments, shopping centers, restaurants, and entertainment venues. These developments and renovations are providing more opportunities for the real estate market.
With its museums, modern building restorations, and entertainment district, this part of the city is also home to several governmental agencies and corporations, making it an attractive place to call home. Industry within the city center is providing long lasting positive effects on the revitalization of downtown and the opportunity for its future growth.
While the downtown area and it’s growing arts and culinary scene is brining in young professionals who fill the new residential developments, families are also calling the metro are home. The suburban areas around Kansas City are attractive to growing families as they boast great school districts and safe communities.
Families flock to the metro communities as the housing is still incredibly affordable. Kansas City’s median home value is around $136,000, which is about 25% less than the national average. Combine this affordability with the growing economic opportunities in and around the city and it is easy to understand why families are sticking around.
With this economic growth and revitalization of Kansas City comes a solid real estate market. Home prices are on point for prospective buyers, providing a robust outlook for the future. And for those who are ready to make the move, the timing could not be better.
Selling a home in the Kansas City metro area is easier than one may think. Reputable companies such as KC Property Connection have streamlined the process of selling real estate. Understanding the market and it’s trends in the metro area, KC Property Connection offers sellers top dollar for their property, without fees and with expedited closing.
In Kansas City, the time is right to sell property. The city is on an upward trend as more people find reasons to live, work, and play in its metro areas.