Highview Estates, a neighborhood in Kansas City, Missouri, has demonstrated remarkable stability in homeownership rates while experiencing significant increases in average home values over the past decade. From 2013 to 2022, the area maintained a consistently high homeownership rate above 75%, with a slight increase from 77% to 79% during this period. Concurrently, average home prices in the neighborhood saw a substantial rise of 96%, climbing from $141,825 in 2013 to $278,018 in 2022. The most notable year-over-year increase occurred between 2020 and 2021, with a 15.4% jump in average home prices.

The neighborhood's high homeownership rates appeared to benefit from the historically low federal interest rates between 2013 and 2021, which ranged from 0.08% to 2.16%. This period of favorable financing conditions likely supported continued home purchases and refinancing activities, even as home prices increased. The renter population in Highview Estates remained relatively low, fluctuating between 19% and 23% from 2013 to 2022. Average rent prices showed some volatility, starting at $901 in 2013, decreasing to $855 in 2017, then rising to a peak of $1,005 in 2021, before declining to $932 in 2022.

The upward trend in home values continued into recent years, with the average home price reaching $287,648 in 2023 and $296,443 in 2024, representing increases of 3.5% and 3.1% respectively. However, this period also saw significant rises in federal interest rates, which climbed to 5.02% in 2023 and 5.33% in 2024. These higher interest rates may impact future homebuying activity and could potentially influence the long-standing high homeownership rates in the neighborhood.