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Olathe, KS—66062

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$418,000
2.6% YoY Growth
Household Income
$116,000
23.4% YoY Growth
Days on Market
95
1.0% Shorter YoY
Home Price Forecast
2.1%
Median Rent
$2,350
5.9% YoY Growth
1-Bed Rent
$1,150
55.8% YoY Growth
2-Bed Rent
$1,800
52.4% YoY Growth
3-Bed Rent
$2,290
3.4% YoY Growth

Other Zip Codes in Olathe, KS

66061
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Olathe, KS

As of Dec '25, the median home price in Olathe, KS is $418,000, with a year-over-year change of 2.6%. This indicates that home prices in Olathe, 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 TypeMedian Home ValueYoY % Change
All Homes
$418,0002.6%
Single Family $419,0002.9%
Condos $309,0002.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$326,0002.2%
    3 Bed
    		$351,0002.9%
    4 Bed
    		$448,0003.0%
    5 Bed $607,1751.8%
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    7.4%
    2 Bedrooms
    13.7%
    3 Bedrooms
    28.0%
    4 Bedrooms
    40.1%
    5+ Bedrooms
    9.4%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    5.2%
    1 Bedroom
    25.8%
    2 Bedrooms
    41.4%
    3 Bedrooms
    19.5%
    4 Bedrooms
    6.9%
    5+ Bedrooms
    1.3%

    Property Listings — Olathe, KS

    As of Dec '25, Realtor.com reports that the median days on market for a home in Olathe, KS is 77. This is a decrease of -3.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$626,0002.0%
    Listing Count
    		42239.0%
    Listings as % of Homes1.0%39.0%
    Days on Market
    		95-1.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$418,000
    Median Household Income$116,000

    Olathe, KS — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Overland Park, KS

    66221

    Overland Park, KS

    66213

    New Century, KS, KS

    66031

    Olathe, KS

    66061

    Spring Hill, KS

    66083

    Frequently Asked Questions