Overland Park, KS—66214
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 $372,000, with a year-over-year change of 3.2%. This indicates that home prices in Overland Park, KS are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $372,000 | 3.2% |
| Single Family | $373,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $283,000 | -4.1% |
3 Bed | $334,000 | 2.5% |
4 Bed | $411,000 | 4.1% |
| 5 Bed | $444,000 | 3.0% |
% of Housing Stock
Rental Trends — Overland Park, KS
As of July '25, Rentcast reports the average rent in Overland Park, KS is $1,520, with a year-over-year rent change of -10.6%. Per bedroom, the median rent as of July '25 in Overland Park, KS is studios: $1,230, 1-bedrooms: $1,060, 2-bedrooms: $1,400, 3-bedrooms: $1,960, 4-bedrooms: $2,850. The most common rental property sizes in Overland Park, KS are 2-bedroom and 1-bedroom, accounting for 46.2% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,520 |
| Studio Rent | $1,060 | $1,230 |
| 1 Bed Rent | $1,050 | $1,060 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $1,900 | $1,960 |
| 4 Bed Rent | $2,850 | $2,850 |
% 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 41. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $396,000 | 10.0% |
Listing Count | 21 | 5.0% |
| Listings as % of Homes | 0.2% | 5.0% |
Days on Market | 41 | 28.0% |
Demographics — Overland Park, KS
As of the latest ACS Survey released in 2023, Overland Park, KS has a population of 12,300, which has remained stable by 1.0% over the past 5 years. Overland Park, KS is a moderately popular place for families, as children make up 24.0% of the population. The area has a highly educated workforce, with 51.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 1.0% |
% Under 18 | 24.0% | 11.1% |
% Seniors | 12.7% | -7.3% |
% WFH | 16.5% | 283.7% |
% w/ College Degree | 51.6% | 21.7% |
As of the latest ACS Survey released in 2023, Overland Park, KS is a predominantly white area, with 57.4% of the population identifying as white. The white population has shrunk by 18.5% in the last 5 years. The second most common race or ethnicity in Overland Park, KS is black, making up 16.9% of the population. Foreign-born residents account for 15.2% of the population in Overland Park, KS, and this percentage has increased by 33.3% 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 | 57.4% | -18.5% |
% Black | 16.9% | 81.7% |
% Hispanic | 16.7% | 16.8% |
% Asian | 2.6% | -3.7% |
% Foreign Born | 15.2% | 33.3% |
Mortgage and Risk — Overland Park, KS
According to HUD data as of 2023, there were 164 mortgage originations in Overland Park, KS, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Overland Park, KS. Investor activity is low, as 5.0% 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 | 164 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% 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 1.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Overland Park, KS, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,050 | $1,070 |
| 2 Bedroom | -$180 | $1,400 | $1,220 |
| 3 Bedroom | -$310 | $1,900 | $1,590 |
| 4 Bedroom | -$970 | $2,850 | $1,880 |
Affordability — Overland Park, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $372,000 |
| Median Household Income | $80,800 |