Overland Park, KS—66207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Overland Park, KS
As of Oct '25, the median home price in Overland Park, KS is $484,000, with a year-over-year change of 2.9%. This indicates that home prices in Overland Park, KS are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $484,000 | 3.0% |
| Single Family | $497,000 | 3.8% |
| Condos | $241,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $261,000 | 3.6% |
3 Bed | $392,000 | 2.9% |
4 Bed | $558,000 | 4.3% |
| 5 Bed | $839,000 | 5.4% |
% of Housing Stock
Rental Trends — Overland Park, KS
As of July '25, Rentcast reports the average rent in Overland Park, KS is $2,190, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Overland Park, KS is studios: $1,880, 1-bedrooms: $1,340, 3-bedrooms: $2,450, 4-bedrooms: $2,640. The most common rental property sizes in Overland Park, KS are 2-bedroom and 1-bedroom, accounting for 43.5% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,190 |
| Studio Rent | $1,880 | $1,880 |
| 1 Bed Rent | $1,250 | $1,340 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,420 | $2,450 |
| 4 Bed Rent | $2,470 | $2,640 |
% of Rental Stock
Property Listings — Overland Park, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Overland Park, KS is 40. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $523,000 | 8.0% |
Listing Count | 56 | 46.0% |
| Listings as % of Homes | 0.4% | 46.0% |
Days on Market | 40 | -13.0% |
Demographics — Overland Park, KS
As of the latest ACS Survey released in 2023, Overland Park, KS has a population of 15,100, which has increased by 4.7% over the past 5 years. Overland Park, KS is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 69.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,100 | 4.7% |
% Under 18 | 22.6% | 8.7% |
% Seniors | 21.0% | -9.9% |
% WFH | 23.3% | 275.8% |
% w/ College Degree | 69.6% | 2.8% |
As of the latest ACS Survey released in 2023, Overland Park, KS is a predominantly white area, with 90.9% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Overland Park, KS is hispanic, making up 5.6% of the population. Foreign-born residents account for 3.0% of the population in Overland Park, KS, and this percentage has decreased by 43.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.9% | 2.4% |
% Black | 0.5% | -64.3% |
% Hispanic | 5.6% | 1.8% |
% Asian | 1.0% | -60.0% |
% Foreign Born | 3.0% | -43.4% |
Mortgage and Risk — Overland Park, KS
According to HUD data as of 2023, there were 369 mortgage originations in Overland Park, KS, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Overland Park, KS. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 369 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Overland Park, KS
Overland Park, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,250 | $1,780 |
| 2 Bedroom | N/A | N/A | $2,020 |
| 3 Bedroom | $220 | $2,420 | $2,640 |
| 4 Bedroom | $650 | $2,470 | $3,120 |
Affordability — Overland Park, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $484,000 |
| Median Household Income | $121,000 |