Housing Prices in Olathe, KS
How much do homes in Olathe, KS cost?
Median List Price
$450,000
$195/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Olathe has increased by 7.2% since last year.
Summary: The median home list price in Olathe was $450,000 in April 2024, up 7.2% from the previous year, and the median price per square foot was $195.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $120K | -7.7% |
| 2 Bedrooms | $214.9K | $215K | 0.0% |
| 3 Bedrooms | $315K | $345K | +9.5% |
| 4 Bedrooms | $465.4K | $499K | +7.2% |
| 5+ Bedrooms | $598.6K | $614.1K | +2.6% |
Summary: Olathe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 2.6%.
Median List Price Compared To Nearby Cities
| Lenexa | $450K | $531K | +18.0% |
| Olathe | $419.8K | $450K | +7.2% |
| Gardner Township | $400K | $350.1K | -12.5% |
| Olathe Township | $521.9K | $450.4K | -13.7% |
Housing Supply in Olathe, KS
How many homes are available in Olathe, KS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 676 | 754 | +11.5% |
Summary: The Olathe real estate market had 754 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 160 | 185 | +15.6% |
| 4 Bedrooms | 389 | 414 | +6.4% |
| 5+ Bedrooms | 111 | 132 | +18.9% |
Summary: The Olathe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 18.9%.
Days on Market for Olathe, KS
How long does it take to sell a home in Olathe, KS?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 205 Days | 152 Days | -25.6% |
Summary: Homes in Olathe had an average listing age of 152 days in Apr 2024, down by 25.6% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.