Housing Prices in Olathe, KS

How much do homes in Olathe, KS cost?

Median List Price

$449,960

$195/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$35,242(+8.5%)

Key Takeaway

The list price of homes in Olathe has increased by 8.5% since last year.

Summary: The median home list price in Olathe was $449,960 in February 2024, up 8.5% from the previous year, and the median price per square foot was $195.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $130K$129K
-0.8%
2 $210K$212.5K
+1.2%
3 $314.8K$340.1K
+8.0%
4 $455.4K$499.7K
+9.7%
5+ $598.6K$599.7K
0.2%

Summary: Olathe housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 0.2%.

Median List Price Compared To Nearby Cities

Lenexa
+19.1%
Olathe
+8.5%
Gardner Township
-18.0%
Olathe Township
-21.6%

Housing Supply in Olathe, KS

How many homes are available in Olathe, KS?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
616659+7.0%

Summary: The Olathe real estate market had 659 homes for sale in February 2024, a 7.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1418
+28.6%
3 156163
+4.5%
4 358379
+5.9%
5+ 8899
+12.5%

Summary: The Olathe housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 12.5%.

Days on Market for Olathe, KS

How long does it take to sell a home in Olathe, KS?

Average Listing Age

Feb 2023Feb 2024CHANGE
249 Days183 Days-26.6%

Summary: Homes in Olathe had an average listing age of 183 days in Feb 2024, down by 26.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Olathe, KS

Nearby Markets to Olathe, KS

What housing markets are near Olathe, KS?