Olathe, KS—66062
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Olathe, KS
Home Price Trends — Olathe, KS
As of Oct '25, the median home price in Olathe, KS is $420,000, with a year-over-year change of 2.2%. This indicates that home prices in Olathe, KS are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | 2.2% |
| Single Family | $421,000 | 2.7% |
| Condos | $321,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $320,000 | 1.6% |
3 Bed | $352,000 | 2.9% |
4 Bed | $451,000 | 2.5% |
| 5 Bed | $611,000 | 1.0% |
% of Housing Stock
Rental Trends — Olathe, KS
As of July '25, Rentcast reports the average rent in Olathe, KS is $2,230, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Olathe, KS is studios: $650, 1-bedrooms: $1,170, 2-bedrooms: $1,890, 3-bedrooms: $2,460, 4-bedrooms: $2,700. The most common rental property sizes in Olathe, KS are 2-bedroom and 1-bedroom, accounting for 41.4% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,230 |
| Studio Rent | $650 | $650 |
| 1 Bed Rent | $1,150 | $1,170 |
| 2 Bed Rent | $1,800 | $1,890 |
| 3 Bed Rent | $2,290 | $2,460 |
| 4 Bed Rent | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Olathe, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Olathe, KS is 61. This is a decrease of -4.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $609,000 | 0.0% |
Listing Count | 457 | 38.0% |
| Listings as % of Homes | 1.0% | 38.0% |
Days on Market | 61 | -4.0% |
Demographics — Olathe, KS
As of the latest ACS Survey released in 2023, Olathe, KS has a population of 77,800, which has decreased by -3.3% over the past 5 years. Olathe, KS is a popular place for families, as children make up 26.4% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 77,800 | -3.3% |
% Under 18 | 26.4% | -8.3% |
% Seniors | 12.7% | 28.3% |
% WFH | 19.6% | 250.0% |
% w/ College Degree | 53.3% | -1.3% |
As of the latest ACS Survey released in 2023, Olathe, KS is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Olathe, KS is hispanic, making up 10.0% of the population. Foreign-born residents account for 10.9% of the population in Olathe, KS, and this percentage has increased by 22.5% 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 | 75.7% | -5.6% |
% Black | 4.7% | -6.0% |
% Hispanic | 10.0% | 38.9% |
% Asian | 5.2% | 6.1% |
% Foreign Born | 10.9% | 22.5% |
Mortgage and Risk — Olathe, KS
According to HUD data as of 2023, there were 927 mortgage originations in Olathe, KS, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Olathe, KS. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 927 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Olathe, KS
As of 2024, the percent of homes in Olathe, KS under the Section 8 program is 7.2%. 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 Olathe, 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 | 566 |
Total Units Section 8 | 552 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 92.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,150 | $1,340 |
| 2 Bedroom | -$280 | $1,800 | $1,520 |
| 3 Bedroom | -$310 | $2,290 | $1,980 |
| 4 Bedroom | -$350 | $2,700 | $2,350 |
Affordability — Olathe, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $420,000 |
| Median Household Income | $116,000 |