A white picket fence. A mature tree with a handmade swing. A golden doodle snoozing on your front porch. It’s not just an American dream here in good ol’ KCMO — it’s an attainable reality. That’s what Realtyhop says anyways.
According to its latest study , Kansas City ranked the No. 3 city in the US for low barriers to home ownership.
The study found KC’s median household income to be $65,256, and the average listing price to be $229,500. If that median-income house were to save $13,051/year (~$1,087.58/month), they could have a 20% down payment in just 3.52 years.
That’s way lower than the nation’s average, which currently sits at ~five years of saving.