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Featured local agent — Olathe, KS
Sarah Mitchell
Compass Real Estate · Olathe, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Olathe, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$487,750median sale price
How is the Olathe, KS housing market right now?
The median home sale price in Olathe, KS is $487,750, up 11.1% year-over-year. Homes sell in an average of 9 days. The market is currently a strong seller's 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?
Olathe, KS is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
242
Last 12 weeks
Days on market
9
Fast-moving
Active listings
—
1.4 months supply
Sale-to-list
—
Below asking
What does the Olathe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $487,750 |
| Median list price | $450,365 |
| Year-over-year price change | +11.1% |
| Average days on market | 9 days |
| Months of supply | 1.4 months |
| Median price per sq ft | $207/sq ft |
| Homes sold (latest month) | 242 |
| New listings (latest month) | 238 |
| Listings with a price cut | 25.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Olathe by property type?
How the Olathe, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $500,000 | $209/sq ft | 227 | 8 days |
| Condo / Co-op | $220,000 | $162/sq ft | 1 | 153 days |
| Townhouse | $256,100 | $201/sq ft | 13 | 28 days |
Source: Redfin · Updated monthly
The Olathe housing market is currently classified as a strong seller's market with a median sale price of $487,750. Prices have risen 11.1% compared to last year, with homes spending an average of 9 days on market, indicating 1.4 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 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Olathe
Explore homes currently listed for sale in Olathe, Kansas across major real estate platforms.
Who lives in Olathe?
Population
143,720
Median income
$112,232/yr
Median age
36.6 years
Owner-occupied
73.7%
College grads
49.4%
Avg commute
20.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Olathe?
Zillow home value
$441,698
Zillow rent index
$1,900/mo
Price-to-rent ratio
19.4x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Olathe?
Olathe is a community of approximately 144K residents with a median age of 36.6 years.The median household income is $112,232, which reflects a relatively affluent area with strong earning potential. 49.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.7 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?
50 schools tracked · 28,145 students
The largest public schools serving Olathe, KS 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 North Sr High
Grades 9-12 · 2,036 students
Olathe Northwest High School
Grades 9-12 · 1,966 students
Olathe South Sr High
Grades 9-12 · 1,843 students
Olathe East Sr High
Grades 9-12 · 1,825 students
Olathe West High School
Grades 9-12 · 1,601 students
Prairie Trail Middle School
Grades 6-8 · 737 students
Mission Trail Middle School
Grades 6-8 · 699 students
Frontier Trail Middle School
Grades 6-8 · 666 students
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, KS?
Want a head-to-head view? Compare Olathe side-by-side with any other U.S. city using our market-comparison tool.
Is Olathe a good real estate investment market?
For investors evaluating Olathe, the price-to-rent ratio of 19.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 11.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Olathe's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Olathe's median home price.
Frequently asked questions
What is the average home price in Olathe?
The median home sale price in Olathe is $487,750, up 11.1% from last year.
How long do homes stay on market in Olathe?
Homes typically spend 9 days on market before going under contract.
What is the median income in Olathe?
The median household income is $112,232 per year.
Is Olathe a buyer's or seller's market?
With 1.4 months of supply, Olathe is currently a strong seller's market.
What is the Zillow home value estimate for Olathe?
The Zillow Home Value Index (ZHVI) for Olathe is $441,698, representing the typical home value in the area.
What is the median condo price in Olathe?
The median condo/co-op sale price in Olathe, KS is $220,000, compared to $500,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Olathe?
The median single-family home price in Olathe, KS is $500,000 (about $209 per square foot).
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