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OLATHE, KS 66061

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OLATHE, KS real estate market (66061) currently shows 356 active listings, with 148 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 88 days last year.

The median listing price has risen 2.5% year-over-year, from $623,649 to $639,475.

Whether you are buying or selling in OLATHE, KS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 66,897  ·  Density: 408.1/mi²  ·  Median household income: $103,770

Typical home value: $313,413  ·  Homeownership: 74.6%

Market Overview

Active Listings
356
⇧ 22.8% vs 290 last year
Pending
148
42% pending ratio
Median Price
$639,475
⇧ 2.5% vs $623,649 last year
Average Price
$688,921
⇧ 1.6% vs $677,793 last year
Days on Market
66
⇩ 25% vs 88 days last year

Price Per Square Foot

Median $/sqft
$237
⇧ 2.6% vs $231/sqft last year
Median Home Size
2,753 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 356 this year vs 290 last year
  • Days on market: 66 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $639,475 (+2.5% YoY)
  • Average: $688,921 (+1.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.8 miles — 1,034 listings ($688,797,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66061Olathe, KS 660610.0 mi333$233,970,129$644,950$702,613
66227Lenexa, KS 662275.3 mi141$100,433,031$636,663$712,291
66030Gardner, KS 660306.5 mi97$41,993,337$435,950$432,921
66219Lenexa, KS 662196.7 mi21$11,776,716$597,000$560,796
66215Lenexa, KS 662158.5 mi32$12,464,384$399,000$389,512
66226Shawnee, KS 662269.3 mi37$23,279,660$652,450$629,180
66221Overland Park, KS 662219.5 mi150$148,122,000$858,500$987,480
66217Shawnee, KS 662179.7 mi10$9,181,790$941,883$918,179
66025Eudora, KS 6602510.7 mi16$7,511,472$378,900$469,467
66083Spring Hill, KS 6608311.4 mi121$64,223,170$463,288$530,770
66012Bonner Springs, KS 6601211.5 mi29$12,840,881$350,000$442,789
66021Edgerton, KS 6602111.7 mi19$11,547,744$310,620$607,776
66203Shawnee, KS 6620312.8 mi28$11,453,484$320,000$409,053

Frequently Asked Questions

How many homes are for sale in OLATHE, KS 66061?

As of February 2026, there are 356 active listings in OLATHE, KS (zip code 66061), compared to 290 the prior year.

What is the median home price in OLATHE, KS 66061?

The median listing price in OLATHE, KS 66061 is $639,475 as of February 2026, a 2.5% increase from $623,649 the prior year.

How long do homes stay on the market in OLATHE, KS?

Homes in OLATHE, KS 66061 spend an average of 66 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in OLATHE, KS 66061?

Based on current inventory and days-on-market data as of February 2026, OLATHE, KS 66061 is currently a Balanced Market. Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 88 days last year.

How much can I save on real estate commission in OLATHE, KS?

With SELL123.com's maximum 3% commission, sellers in OLATHE, KS 66061 save an estimated $12,790 compared to a typical 5% commission on the median listing price of $639,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.