Commercial Real Estate Market in Kansas City, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1,326 active listings and 15,551 off-market properties in Kansas City, MO. Commercial property asks $39/SF to buy and $15.98/SF/Yr to lease. Office vacancy runs 19.7%, the loosest of the segments tracked here.
Market Trends
Kansas City, MO spans 392.9 square miles in Jackson County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kansas City, MO runs 19.7% in 2025, up from 13.7% in 2019. Down from a 2023 peak of 22%.
Vacancy Rate %
Retail
Retail vacancy in Kansas City, MO runs 6.3% in 2025, down from 7.7% in 2019. Down from a 2020 peak of 8.4%.
Vacancy Rate %
Industrial
Industrial vacancy in Kansas City, MO runs 6.2% in 2025, little changed from 6% in 2019. Nearly 1.3x the 2022 low of 4.6%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Kansas City, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Kansas City, MO has 603,729 residents in 288,152 households. Density runs 1,537 people per square mile. Median household income here is $74,149 and median gross rent $1,241 a month.
603,729
Population
288,152
Households
2.1
Avg Household Size
36
Median Age
37%
College-Educated
92%
High-School Grad
392.9 sq mi
ZIP Area
1,537
Density / Sq Mi
$74,149
Median Household Income
$45,744
Median Earnings
$1,241
Median Rent
$224,910
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Kansas City | — | — |
| Avondale | — | — |
| Northmoor | — | — |
| Riverside | — | — |
Commercial property in Kansas City, MO asks $39/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kansas City?
Commercial property in Kansas City, MO asks an average of $39 per square foot.
How much does it cost to lease commercial space in Kansas City?
Asking lease rates in Kansas City, MO average $15.98 per square foot per year.
What is the office vacancy rate in Kansas City?
Office vacancy in Kansas City, MO is 19.7% as of 2025, up from 13.7% in 2019. Retail vacancy is 6.3%, below Office vacancy.
Which property type has the lowest vacancy in Kansas City?
Industrial has the lowest vacancy in Kansas City, MO at 6.2%, inside a 4.6–7.1% band since 2019. For comparison: office 19.7%, retail 6.3% and multifamily 8% (Midwest).
Where does Realmo's Kansas City market data come from?
Realmo compiles Kansas City, MO figures from 974 active sale listings, 352 active lease listings, 15,551 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 974 active for-sale and 352 active for-lease listings in Kansas City, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- multifamily vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
