Hottest ZIP Codes: A Look at Kansas City's Top Neighborhoods in 2023

Average Closing Price

Taking the lead as the area's most expensive ZIP code was Overland Park's 66211, boasting an average closing price of $927,331. This ZIP code encompasses upscale neighborhoods like Hallbrook and the Town Center shopping center, contributing to its high average closing price. Following closely behind was ZIP code 66221, also in Overland Park, with an average closing price of $885,779. Rounding out the top three was ZIP code 66224, also located in Overland Park, with an average closing price of $883,135.

Fewest Days on the Market

When it comes to the fastest-selling homes, Overland Park once again dominated the rankings. ZIP code 66215 claimed the top spot for fewest average days on the market, with homes selling in just 8.48 days on average. This neighborhood, situated between Interstate 435 and Interstate 35 and spanning Lenexa and Overland Park, witnessed brisk sales activity throughout the year. ZIP code 66210 followed closely behind, with homes selling in an average of 8.77 days, while ZIP code 66223 rounded out the top three, with homes selling in an average of 10.65 days.

Highest Sales Ratio

In terms of sales ratio, ZIP code 64163 emerged as the frontrunner, boasting 17.7 sales per 100 owner-occupied housing units in 2023. Located northeast of Kansas City International Airport, this area experienced a high level of buyer interest and transaction activity. Following closely behind was ZIP code 64165, also in the Northland area, with 14.93 sales per 100 owner-occupied units. Finally, ZIP code 66013, encompassing Bucyrus and part of Overland Park in the southernmost part of the metro area, secured the third spot with 13.1 sales per 100 owner-occupied units.

In conclusion, despite the challenges faced by the residential real estate market in 2023, certain Kansas City neighborhoods demonstrated resilience and remained hotspots for buyers and sellers alike. With their diverse offerings, attractive amenities, and strong market fundamentals, these ZIP codes continue to be sought-after destinations in the Kansas City housing market.

Source: Bizjournal Kansas City Residential Real Estate News

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