Housing Prices in Olathe, KS
How much do homes in Olathe, KS cost?
Median List Price
$450,666
$195/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Olathe has increased by 8% since last year.
Summary: The median home list price in Olathe was $450,666 in March 2024, up 8% from the previous year, and the median price per square foot was $195.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $124.5K | -4.2% |
| 2 Bedrooms | $214.9K | $215K | 0.0% |
| 3 Bedrooms | $315K | $345K | +9.5% |
| 4 Bedrooms | $463.2K | $499.9K | +7.9% |
| 5+ Bedrooms | $599.9K | $609.9K | +1.7% |
Summary: Olathe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 1.7%.
Median List Price Compared To Nearby Cities
| Lenexa | $449.3K | $525.6K | +17.0% |
| Olathe | $417.2K | $450.6K | +8.0% |
| Gardner Township | $406.8K | $350K | -14.0% |
| Olathe Township | $549.9K | $450K | -18.2% |
Housing Supply in Olathe, KS
How many homes are available in Olathe, KS?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 654 | 714 | +9.2% |
Summary: The Olathe real estate market had 714 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 163 | 172 | +5.5% |
| 4 Bedrooms | 378 | 411 | +8.7% |
| 5+ Bedrooms | 96 | 114 | +18.8% |
Summary: The Olathe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 18.8%.
Days on Market for Olathe, KS
How long does it take to sell a home in Olathe, KS?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 231 Days | 176 Days | -23.6% |
Summary: Homes in Olathe had an average listing age of 176 days in Mar 2024, down by 23.6% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.