Is Olathe, KS 66061 a buyer’s or seller’s market?

The Olathe housing market right now

In the three months ending August 31, 2026, 39% of homes in Olathe, KS 66061 sold above their list price, the typical home went under contract in 15 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 334 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 35%, homes sold faster (17 days then) and the median sale price rose 12% to $504,782. Overall, Olathe is more competitive than a year ago, so tougher for buyers.

Within Johnson County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Olathe ranks #22 of 122 KS ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at Leawood 66211 (15% sold over asking) or Overland Park 66221 (29% sold over asking), while Shawnee 66203 (64% sold over asking) and Overland Park 66213 (62% sold over asking) are even more competitive.