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Featured local agent — Olathe, CO

Sarah Mitchell

CNESRESABR

Compass Real Estate · Olathe, CO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Olathe, CO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Olathe, CO Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$375,000median sale price

How is the Olathe, CO housing market right now?

The median home sale price in Olathe, CO is $375,000. Homes sell in an average of 253 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Olathe a buyer's or seller's market?

Balanced market2.0 months of supply253 avg. days on market

Olathe, CO is currently a balanced market, based on 2.0 months of supply and homes selling in about 253 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

253

Average pace

Active listings

2

2.0 months supply

Sale-to-list

93.8%

Below asking

What does the Olathe housing market data show?

Current housing market statistics for Olathe, CO
MetricValue
Median sale price$375,000
Median list price$399,990
Average days on market253 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio93.8%
Median price per sq ft$349/sq ft
Homes sold (latest month)1
New listings (latest month)1
Listings with a price cut100.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Olathe by property type?

How the Olathe, CO market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Olathe, CO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$375,000$349/sq ft1253 days

Source: Redfin · Updated monthly

The Olathe housing market is currently classified as a balanced market with a median sale price of $375,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 253 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Olathe

There are currently 2 homes listed for sale in Olathe, Colorado. The median listing price is $400K.

Active listings

2

Homes on market

Median list price

$400K

Avg. days on market

253

Days until sale

New this week

1

Newly listed

Price drops:100.0%of listings
Sale-to-list:93.8%

Who lives in Olathe?

Population

1,788

Median income

$65,170/yr

Median age

39.6 years

Owner-occupied

65.1%

College grads

6.8%

Avg commute

22.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Olathe?

Zillow home value

$460,604

Price-to-income

7.1x

Source: Zillow Research

What is it like to live in Olathe?

Olathe is a community of approximately 2K residents with a median age of 39.6 years.The median household income is $65,170, which represents a working-class community with solid middle-income opportunities. 6.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 65.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Olathe offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Olathe?

2 schools tracked · 929 students

The largest public schools serving Olathe, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Olathe Middle/High School

Grades 6-12 · 497 students

Public

Olathe Elementary School

Grades PK-5 · 432 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Olathe, CO?

Want a head-to-head view? Compare Olathe side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Olathe?

The median home sale price in Olathe is $375,000, down 0.0% from last year.

How long do homes stay on market in Olathe?

Homes typically spend 253 days on market before going under contract.

What is the median income in Olathe?

The median household income is $65,170 per year.

Is Olathe a buyer's or seller's market?

With 2.0 months of supply, Olathe is currently a balanced market.

What is the Zillow home value estimate for Olathe?

The Zillow Home Value Index (ZHVI) for Olathe is $460,604, representing the typical home value in the area.

How much does a single-family home cost in Olathe?

The median single-family home price in Olathe, CO is $375,000 (about $349 per square foot).

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