Overland Park, KS—66212
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 $342,000, with a year-over-year change of 3.3%. 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 | $342,000 | 3.3% |
| Single Family | $348,000 | 3.6% |
| Condos | $190,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $157,000 | -1.3% |
2 Bed | $230,000 | 1.3% |
3 Bed | $326,000 | 3.5% |
4 Bed | $394,000 | 4.2% |
| 5 Bed | $454,000 | 4.6% |
% of Housing Stock
Rental Trends — Overland Park, KS
As of July '25, Rentcast reports the average rent in Overland Park, KS is $1,960, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Overland Park, KS is studios: $8,100, 1-bedrooms: $1,100, 2-bedrooms: $1,440, 3-bedrooms: $2,080, 4-bedrooms: $2,610. The most common rental property sizes in Overland Park, KS are 1-bedroom and 2-bedroom, accounting for 39.6% and 39.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,960 |
| Studio Rent | $8,100 | $8,100 |
| 1 Bed Rent | $1,050 | $1,100 |
| 2 Bed Rent | $1,350 | $1,440 |
| 3 Bed Rent | $1,980 | $2,080 |
| 4 Bed Rent | $2,500 | $2,610 |
% 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 32. This is a decrease of -20.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | 0.0% |
Listing Count | 88 | 12.0% |
| Listings as % of Homes | 0.2% | 12.0% |
Days on Market | 32 | -20.0% |
Demographics — Overland Park, KS
As of the latest ACS Survey released in 2023, Overland Park, KS has a population of 32,800, which has remained stable by 0.9% over the past 5 years. Overland Park, KS is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,800 | 0.9% |
% Under 18 | 21.0% | -1.4% |
% Seniors | 16.2% | -6.4% |
% WFH | 16.9% | 312.2% |
% w/ College Degree | 47.8% | 1.3% |
As of the latest ACS Survey released in 2023, Overland Park, KS is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Overland Park, KS is hispanic, making up 10.9% of the population. Foreign-born residents account for 9.8% of the population in Overland Park, KS, and this percentage has increased by 18.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.6% | -5.3% |
% Black | 8.2% | 5.1% |
% Hispanic | 10.9% | 26.7% |
% Asian | 2.2% | -33.3% |
% Foreign Born | 9.8% | 18.1% |
Mortgage and Risk — Overland Park, KS
According to HUD data as of 2023, there were 492 mortgage originations in Overland Park, KS, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Overland Park, KS. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 492 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Overland Park, KS
As of 2024, the percent of homes in Overland Park, KS under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Overland Park, KS, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 270 |
Total Units Section 8 | 270 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 92.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,050 | $1,370 |
| 2 Bedroom | $210 | $1,350 | $1,560 |
| 3 Bedroom | $60 | $1,980 | $2,040 |
| 4 Bedroom | -$90 | $2,500 | $2,410 |
Affordability — Overland Park, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $342,000 |
| Median Household Income | $83,300 |