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Is Olathe, CO 81425 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Olathe is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.4Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list94.6%Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$306▼ −7.4% vs. last year

The Olathe housing market right now

In the three months ending August 31, 2026, 13% of homes in Olathe, CO 81425 sold above their list price, the typical home went under contract in 78 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (28 days then) and the median sale price rose 9% to $527,272. Overall, Olathe is less competitive than a year ago, which gives buyers more room.

Nearby, buyers who want less competition could look at Crawford 81415 (0% sold over asking).

Run the numbers for 81425

Prefilled for 81425Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81425Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Crawford 81415Buyer’s market $333 /sq ftMontrose 81401Buyer’s market $280 /sq ftMontrose 81403Buyer’s market $311 /sq ftNaturita 81422 — /sq ft Browse all markets →

Towns like Olathe nearby

Find towns like Olathe in other states →
Grand Junction, CO81503 · 38 miles away79% similarlarger · 6 min shorter commute Eckert, CO81418 · 17 miles away75% similarcheaper homes ($77K less) · smaller Delta, CO81416 · 10 miles away72% similarlarger · more walkable Montrose, CO81401 · 11 miles away72% similarpricier homes ($31K more) · larger

Where Olathe is

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Questions about Olathe real estate

Is Olathe a buyer’s or seller’s market?

A balanced market: there were 4.4 months of supply in Olathe, CO 81425 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Olathe?

The typical home went under contract in 78 days in the latest three months.

Do homes in Olathe sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.

What are property taxes in Olathe?

About 0.36% of a home’s value a year in Montrose County, or roughly $1,440 on a $400,000 home.

What is the median home price in Olathe?

The median sale price was $527,272 in the three months ending August 31, 2026, about $306 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology