
How to buy a $5,000 home in the luxury market
The price of a new home in Kansas City, Missouri is soaring.
According to Zillow, the median price of the median home in 2016 was $3.3 million, up $1.7 million from last year.
The average price of an affordable home in that same area was $1,907,000.
The city of Kansas City is home to more than 7,500 people and is home of the University of Missouri, Kansas City State University, and Kansas City Chiefs football team.