Kansas City FHA Loan Rates, Closing Costs & Stats
KANSAS CITY, MO-KS
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Kansas City's 159 lenders originated 6,081 FHA loans during 2024. The total origination value was $1,546,105,000, with an average FHA loan value of $254,252.
Kansas City FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Kansas City
averaged
6.62%
for the week of 2025-04-11, compared to the national average (all FHA variants) of
6.429% for the same period.
Kansas City's average FHA mortgage closing costs are $6,947.
The average rate for the prior week (2025-04-04) was
6.25% and
one month ago for the week of 2025-03-07, the
average rate was 6.41%.
The average rate one year ago was 7.06%.
For refis of the same type during the week of 2025-04-11, the average rate
was 6.09%.
Kansas City FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Kansas City level.
The top Kansas City FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
473 FHA loans originated. Their average total fees are
$10,612, which is $2,267
higher than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Kansas City FHA lenders (with over 10 loans originated) are
MID AMERICA MORTGAGE, INC. ($4,885), VILLAGE CAPITAL MORTGAGE ($5,535), NBH Bank ($5,556), Commerce Bank ($5,886) and Mortgage Research Center, LLC ($5,909).
The lowest rate Kansas City FHA lenders (with over 10 loans originated) are
LOANPAL, LLC (5.66%), AMERICAN FINANCING CORPORATION (5.79%), NBKC BANK (6.03%), AMERISAVE MORTGAGE CORPORATION (6.04%) and JLB CORPORATION (6.05%).
Kansas City FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
KANSAS CITY, MO-KS | JOHNSON | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | LEAVENWORTH | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | LINN | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | MIAMI | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | WYANDOTTE | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | BATES | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | CALDWELL | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | CASS | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | CLAY | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | CLINTON | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | JACKSON | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | LAFAYETTE | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | PLATTE | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | RAY | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
KANSAS CITY, MO-KS | JOHNSON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | LEAVENWORTH | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | LINN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | MIAMI | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | WYANDOTTE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | BATES | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | CALDWELL | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | CASS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | CLAY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | CLINTON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | JACKSON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | LAFAYETTE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | PLATTE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
KANSAS CITY, MO-KS | RAY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kansas City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $280,741 (16.0%) | $340,959 (9.9%) | 1.04 | 5,234 |
2018-02-01 | $296,121 (18.5%) | $356,357 (13.8%) | 1.08 | 4,859 |
2018-03-01 | $304,000 (13.8%) | $365,019 (10.9%) | 1.07 | 5,072 |
2018-04-01 | $306,410 (9.4%) | $372,215 (8.1%) | 1.04 | 5,299 |
2018-05-01 | $302,500 (10.0%) | $371,712 (7.6%) | 1.01 | 5,769 |
2018-06-01 | $298,695 (8.6%) | $366,087 (6.0%) | 1.00 | 6,210 |
2018-07-01 | $293,273 (6.6%) | $363,223 (6.4%) | 0.98 | 6,590 |
2018-08-01 | $290,000 (7.4%) | $360,925 (6.0%) | 0.97 | 6,876 |
2018-09-01 | $292,200 (8.4%) | $360,944 (7.0%) | 0.98 | 7,103 |
2018-10-01 | $289,950 (8.6%) | $354,713 (5.9%) | 0.98 | 7,291 |
2018-11-01 | $289,900 (7.4%) | $355,152 (6.4%) | 0.98 | 7,168 |
2018-12-01 | $292,925 (10.5%) | $355,910 (7.6%) | 1.01 | 6,543 |
2019-01-01 | $299,700 (6.8%) | $359,325 (5.4%) | 1.04 | 6,095 |
2019-02-01 | $312,450 (5.5%) | $371,630 (4.3%) | 1.06 | 5,790 |
2019-03-01 | $319,900 (5.2%) | $380,101 (4.1%) | 1.05 | 5,786 |
2019-04-01 | $322,450 (5.2%) | $386,389 (3.8%) | 1.02 | 5,889 |
2019-05-01 | $325,000 (7.4%) | $391,729 (5.4%) | 1.02 | 6,179 |
2019-06-01 | $324,825 (8.8%) | $390,015 (6.5%) | 1.02 | 6,345 |
2019-07-01 | $309,950 (5.7%) | $380,467 (4.8%) | 0.97 | 6,627 |
2019-08-01 | $307,727 (6.1%) | $379,347 (5.1%) | 0.97 | 6,713 |
2019-09-01 | $311,818 (6.7%) | $382,705 (6.0%) | 1.00 | 6,794 |
2019-10-01 | $311,995 (7.6%) | $383,144 (8.0%) | 1.01 | 6,870 |
2019-11-01 | $309,950 (6.9%) | $379,766 (6.9%) | 1.02 | 6,551 |
2019-12-01 | $313,700 (7.1%) | $383,603 (7.8%) | 1.05 | 5,695 |
2020-01-01 | $323,975 (8.1%) | $391,412 (8.9%) | 1.08 | 5,054 |
2020-02-01 | $338,000 (8.2%) | $408,185 (9.8%) | 1.11 | 4,713 |
2020-03-01 | $350,000 (9.4%) | $428,083 (12.6%) | 1.10 | 4,513 |
2020-04-01 | $351,950 (9.2%) | $428,484 (10.9%) | 1.10 | 4,517 |
2020-05-01 | $369,000 (13.5%) | $451,884 (15.4%) | 1.12 | 4,335 |
2020-06-01 | $375,000 (15.5%) | $473,815 (21.5%) | 1.10 | 3,983 |
2020-07-01 | $372,275 (20.1%) | $467,991 (23.0%) | 1.08 | 3,715 |
2020-08-01 | $362,000 (17.6%) | $465,548 (22.7%) | 1.04 | 3,556 |
2020-09-01 | $353,775 (13.5%) | $1,013,048 (164.7%) | 1.01 | 3,519 |
2020-10-01 | $349,999 (12.2%) | $449,552 (17.3%) | 1.00 | 3,603 |
2020-11-01 | $339,250 (9.5%) | $432,417 (13.9%) | 0.99 | 3,481 |
2020-12-01 | $324,475 (3.4%) | $412,565 (7.6%) | 0.97 | 3,102 |
2021-01-01 | $333,425 (2.9%) | $423,007 (8.1%) | 1.00 | 2,610 |
2021-02-01 | $347,450 (2.8%) | $451,737 (10.7%) | 1.01 | 2,057 |
2021-03-01 | $347,450 (-0.7%) | $454,980 (6.3%) | 0.99 | 1,958 |
2021-04-01 | $340,200 (-3.3%) | $448,284 (4.6%) | 0.92 | 2,065 |
2021-05-01 | $340,000 (-7.9%) | $442,338 (-2.1%) | 0.90 | 2,206 |
2021-06-01 | $327,500 (-12.7%) | $424,982 (-10.3%) | 0.86 | 2,557 |
2021-07-01 | $325,000 (-12.7%) | $419,894 (-10.3%) | 0.86 | 3,116 |
2021-08-01 | $317,475 (-12.3%) | $409,707 (-12.0%) | 0.85 | 3,283 |
2021-09-01 | $322,450 (-8.9%) | $404,851 (-60.0%) | 0.86 | 3,437 |
2021-10-01 | $321,000 (-8.3%) | $406,739 (-9.5%) | 0.86 | 3,371 |
2021-11-01 | $329,950 (-2.7%) | $408,789 (-5.5%) | 0.88 | 3,146 |
2021-12-01 | $342,900 (5.7%) | $413,758 (0.3%) | 0.93 | 2,728 |
2022-01-01 | $365,000 (9.5%) | $431,407 (2.0%) | 0.99 | 2,219 |
2022-02-01 | $387,474 (11.5%) | $451,196 (-0.1%) | 1.01 | 2,046 |
2022-03-01 | $386,325 (11.2%) | $442,664 (-2.7%) | 0.97 | 2,097 |
2022-04-01 | $380,000 (11.7%) | $450,662 (0.5%) | 0.91 | 2,266 |
2022-05-01 | $399,900 (17.6%) | $463,715 (4.8%) | 0.91 | 2,708 |
2022-06-01 | $399,000 (21.8%) | $465,257 (9.5%) | 0.89 | 3,246 |
2022-07-01 | $394,925 (21.5%) | $459,142 (9.4%) | 0.89 | 4,017 |
2022-08-01 | $387,444 (22.0%) | $454,285 (10.9%) | 0.90 | 4,193 |
2022-09-01 | $387,750 (20.3%) | $454,552 (12.3%) | 0.91 | 4,355 |
2022-10-01 | $389,000 (21.2%) | $457,679 (12.5%) | 0.92 | 4,720 |
2022-11-01 | $399,900 (21.2%) | $470,910 (15.2%) | 0.96 | 4,726 |
2022-12-01 | $410,000 (19.6%) | $473,334 (14.4%) | 1.01 | 4,375 |
2023-01-01 | $432,425 (18.5%) | $484,393 (12.3%) | 1.07 | 4,046 |
2023-02-01 | $442,412 (14.2%) | $495,648 (9.9%) | 1.07 | 3,730 |
2023-03-01 | $454,950 (17.8%) | $508,598 (14.9%) | 1.07 | 3,518 |
2023-04-01 | $460,212 (21.1%) | $526,342 (16.8%) | 1.07 | 3,401 |
2023-05-01 | $462,500 (15.7%) | $531,916 (14.7%) | 1.05 | 3,460 |
2023-06-01 | $452,520 (13.4%) | $526,401 (13.1%) | 1.02 | 3,615 |
2023-07-01 | $442,925 (12.2%) | $519,700 (13.2%) | 1.01 | 3,849 |
2023-08-01 | $434,963 (12.3%) | $515,490 (13.5%) | 1.00 | 4,020 |
2023-09-01 | $425,000 (9.6%) | $509,753 (12.1%) | 0.99 | 4,236 |
2023-10-01 | $412,475 (6.0%) | $498,606 (8.9%) | 0.97 | 4,595 |
2023-11-01 | $399,925 (0.0%) | $488,788 (3.8%) | 0.95 | 4,717 |
2023-12-01 | $399,900 (-2.5%) | $482,887 (2.0%) | 0.98 | 4,377 |
2024-01-01 | $417,950 (-3.4%) | $496,990 (2.6%) | 1.02 | 3,988 |
2024-02-01 | $421,113 (-4.8%) | $502,557 (1.4%) | 1.01 | 3,796 |
2024-03-01 | $425,000 (-6.6%) | $511,419 (0.6%) | 1.00 | 3,805 |
2024-04-01 | $422,026 (-8.3%) | $518,558 (-1.5%) | 0.98 | 3,988 |
2024-05-01 | $427,450 (-7.6%) | $530,801 (-0.2%) | 0.97 | 4,142 |
2024-06-01 | $415,000 (-8.3%) | $515,621 (-2.1%) | 0.94 | 4,463 |
2024-07-01 | $397,000 (-10.4%) | $507,743 (-2.3%) | 0.91 | 4,824 |
2024-08-01 | $398,050 (-8.5%) | $504,953 (-2.0%) | 0.93 | 4,931 |
2024-09-01 | $389,500 (-8.4%) | $495,346 (-2.8%) | 0.92 | 5,312 |
2024-10-01 | $377,000 (-8.6%) | $487,919 (-2.1%) | 0.89 | 5,435 |
2024-11-01 | $372,900 (-6.8%) | $478,298 (-2.2%) | 0.90 | 5,407 |
2024-12-01 | $369,995 (-7.5%) | $469,551 (-2.8%) | 0.92 | 4,917 |
2025-01-01 | $374,950 (-10.3%) | $474,156 (-4.6%) | 0.94 | 4,428 |
2025-02-01 | $379,450 (-9.9%) | $473,346 (-5.8%) | 0.92 | 4,227 |
2025-03-01 | $395,500 (-6.9%) | $496,580 (-2.9%) | 0.00 | 4,241 |
Kansas City's median listing price comes in at 0% of the national average.
Kansas City's average listing price for 2025-03-01 was $496,580, a difference of $-14,839 (-2.9%) versus the prior year and $23,234 versus the prior month.
For the 2025-03-01 period, Kansas City had 4,241 MLS listings, a difference of 14 listings (0%) versus the prior month and 436 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kansas City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 80 days | 2,141 sqft |
2018-02-01 | 79 days | 2,205 sqft |
2018-03-01 | 51 days | 2,260 sqft |
2018-04-01 | 45 days | 2,276 sqft |
2018-05-01 | 43 days | 2,308 sqft |
2018-06-01 | 45 days | 2,324 sqft |
2018-07-01 | 48 days | 2,354 sqft |
2018-08-01 | 50 days | 2,333 sqft |
2018-09-01 | 54 days | 2,318 sqft |
2018-10-01 | 57 days | 2,292 sqft |
2018-11-01 | 58 days | 2,248 sqft |
2018-12-01 | 72 days | 2,217 sqft |
2019-01-01 | 80 days | 2,226 sqft |
2019-02-01 | 82 days | 2,269 sqft |
2019-03-01 | 64 days | 2,317 sqft |
2019-04-01 | 43 days | 2,354 sqft |
2019-05-01 | 38 days | 2,366 sqft |
2019-06-01 | 44 days | 2,365 sqft |
2019-07-01 | 45 days | 2,295 sqft |
2019-08-01 | 47 days | 2,284 sqft |
2019-09-01 | 50 days | 2,291 sqft |
2019-10-01 | 53 days | 2,290 sqft |
2019-11-01 | 58 days | 2,270 sqft |
2019-12-01 | 72 days | 2,249 sqft |
2020-01-01 | 81 days | 2,276 sqft |
2020-02-01 | 83 days | 2,323 sqft |
2020-03-01 | 53 days | 2,400 sqft |
2020-04-01 | 54 days | 2,400 sqft |
2020-05-01 | 58 days | 2,453 sqft |
2020-06-01 | 48 days | 2,491 sqft |
2020-07-01 | 43 days | 2,449 sqft |
2020-08-01 | 42 days | 2,377 sqft |
2020-09-01 | 38 days | 2,345 sqft |
2020-10-01 | 37 days | 2,321 sqft |
2020-11-01 | 44 days | 2,208 sqft |
2020-12-01 | 54 days | 2,140 sqft |
2021-01-01 | 64 days | 2,101 sqft |
2021-02-01 | 59 days | 2,155 sqft |
2021-03-01 | 43 days | 2,159 sqft |
2021-04-01 | 37 days | 2,129 sqft |
2021-05-01 | 37 days | 2,101 sqft |
2021-06-01 | 38 days | 2,082 sqft |
2021-07-01 | 37 days | 2,070 sqft |
2021-08-01 | 40 days | 2,026 sqft |
2021-09-01 | 44 days | 2,018 sqft |
2021-10-01 | 47 days | 2,004 sqft |
2021-11-01 | 50 days | 2,008 sqft |
2021-12-01 | 57 days | 2,030 sqft |
2022-01-01 | 68 days | 2,056 sqft |
2022-02-01 | 56 days | 2,098 sqft |
2022-03-01 | 43 days | 2,069 sqft |
2022-04-01 | 38 days | 2,080 sqft |
2022-05-01 | 37 days | 2,165 sqft |
2022-06-01 | 38 days | 2,169 sqft |
2022-07-01 | 40 days | 2,168 sqft |
2022-08-01 | 46 days | 2,129 sqft |
2022-09-01 | 51 days | 2,143 sqft |
2022-10-01 | 51 days | 2,146 sqft |
2022-11-01 | 58 days | 2,190 sqft |
2022-12-01 | 71 days | 2,200 sqft |
2023-01-01 | 81 days | 2,212 sqft |
2023-02-01 | 81 days | 2,236 sqft |
2023-03-01 | 70 days | 2,298 sqft |
2023-04-01 | 62 days | 2,328 sqft |
2023-05-01 | 52 days | 2,372 sqft |
2023-06-01 | 50 days | 2,350 sqft |
2023-07-01 | 50 days | 2,332 sqft |
2023-08-01 | 50 days | 2,287 sqft |
2023-09-01 | 50 days | 2,265 sqft |
2023-10-01 | 50 days | 2,219 sqft |
2023-11-01 | 52 days | 2,167 sqft |
2023-12-01 | 64 days | 2,158 sqft |
2024-01-01 | 76 days | 2,167 sqft |
2024-02-01 | 73 days | 2,177 sqft |
2024-03-01 | 51 days | 2,189 sqft |
2024-04-01 | 47 days | 2,209 sqft |
2024-05-01 | 46 days | 2,227 sqft |
2024-06-01 | 47 days | 2,224 sqft |
2024-07-01 | 51 days | 2,182 sqft |
2024-08-01 | 52 days | 2,146 sqft |
2024-09-01 | 52 days | 2,126 sqft |
2024-10-01 | 51 days | 2,087 sqft |
2024-11-01 | 57 days | 2,050 sqft |
2024-12-01 | 68 days | 2,016 sqft |
2025-01-01 | 78 days | 2,019 sqft |
2025-02-01 | 75 days | 2,000 sqft |
2025-03-01 | 0 days | 2,030 sqft |
Kansas City's median square footage for active listings during the 2025-03-01 period was 2,030 sqft. One year prior, the average listing was 2,189 sqft.