Housing Insights for ZIP Code 64123 (Kansas City, MO)

Housing Summary for ZIP Code 64123

Homeowners

The median home value in ZIP Code 64123 (Kansas City, MO) is $62,500. Approximately 52.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 6.9%.

The average occupancy of owner-occupied units in ZIP Code 64123 is 2.79 occupants, while owner-occupied units have an aggregate average size of 2.68 bedrooms per housing unit.

Renters

In the 64123 ZIP Code, an estimated 47.1% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.92 occupants, while renters in this Jackson County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 64123

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 64123.

ZIP 64123 Missouri U.S.
Median Home Value $62,500 $264,646 $356,002
Owner-Occupied Housing Units 52.9% 66.8% 64.0%
Homeowner Vacancy Rate 6.9% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.79 2.56 2.70
Average # of Bedrooms Per Unit 2.68 2.77 2.75
Median Housing Rent $0 $830 $1,062
Renter-Occupied Housing Units 47.1% 33.2% 36.0%
Rental Vacancy Rate 7.9% 6.3% 6.0%
Average Size of Renter-Occupied Unit 2.92 2.25 2.49
Percent of Income Spent on Rent 0% 28.54% 29.83%

Home Values in ZIP Code 64123 (Kansas City, MO)

The median home value in ZIP Code 64123 is $62,500. That median value is about 60% lower than the median home value of $157,200 in Missouri overall, and is 71% lower than the $217,500 the median home value in the entire U.S. Approximately 38.9% of homes in ZIP Code 64123 are valued $50,000 to $99,999. That is 115% higher than in the state ofMissouri, where 18.1% of homes are valued at $50,000 to $99,999, and is about 224% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 64123 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 64123

This chart visualizes the breakdown of home values in ZIP Code 64123, Missouri, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 64123 vs. home values in both the state of Missouri and in the U.S. overall.

Home Values in ZIP Code 64123

See the table below for a regional comparison of home values in ZIP Code 64123.

Home Value ZIP 64123 Missouri U.S.
Less than $50,000 37.3% 9.2% 6.9%
$50,000 to $99,999 38.9% 18.1% 12.0%
$100,000 to $149,999 12.5% 19.6% 13.3%
$150,000 to $199,999 8.0% 17.9% 14.0%
$200,000 to $299,999 2.7% 18.9% 19.6%
$300,000 to $499,999 0.6% 11.6% 19.3%
$500,000 to $999,999 0.0% 3.8% 11.4%
$1,000,000 or more 0.0% 0.8% 3.4%

Home Ages in ZIP Code 64123 (Kansas City, MO)

Approximately 58.7% of homes in this Kansas City, MO region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 64123 is about 322% higher than percentage of homes built in this time period in Missouri overall (13.9% of homes), and is 366% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 11.7% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.0% of homes in this Jackson County ZIP Code were built in 2014 or later in ZIP Code 64123. In comparison, 2.0% of homes in Missouri overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 64123

A detailed regional comparison of home ages in ZIP Code 64123.

Year Built ZIP 64123 Missouri U.S.
2014 or later 0.0% 2.0% 2.5%
2010 to 2013 1.2% 2.5% 2.7%
2000 to 2009 2.1% 13.3% 14.0%
1990 to 1999 2.9% 14.4% 13.9%
1980 to 1989 3.0% 12.1% 13.4%
1970 to 1979 2.6% 15.5% 15.2%
1960 to 1969 6.7% 11.4% 10.6%
1950 to 1959 11.1% 10.1% 10.3%
1940 to 1949 11.7% 4.8% 4.9%
1939 or earlier 58.7% 13.9% 12.6%

Age of Homes in ZIP Code 64123

See the chart below for details on the age of homes in ZIP Code 64123, Missouri, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 64123

Frequently asked questions about housing in this Kansas City, MO ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 64123.

1

What is the average home value ZIP Code 64123?

The median home value in ZIP Code 64123 (Kansas City, MO) is $62,500.
2

Are homes expensive in ZIP Code 64123?

The median home value in 64123 ($62,500) is an estimated 60% lower than the aggregate median value of $157,200 in Missouri, and is 71% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 64123?

The vacacy rate for owner-occupied housing in ZIP Code 64123 is 6.9%. This rate is 306% higher than the overall Missouri owner-occupied vacancy rate of 1.7%. Additionally, the 64123 vacancy rate is 331% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 64123 have older homes or newer construction?

In ZIP Code 64123, about 58.7% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 11.7% of homes in the region were built in 1940 to 1949. In contrast, 0.0% of homes in 64123 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 64123? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 64123 than renter-occupied housing. Owner-occupied units make up 52.9% of housing, compared to 47.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 64123?

The vacacy rate for rental units in ZIP Code 64123 is 7.9%. This rate is 25% higher than the overall Missouri vacancy rate of 6.3%. Additionally, the 64123 vacancy rate is 32% higher than the entire U.S. vacancy rate of 6.0%.