Overland Park, KS

Johnson County ยท Pop. 197,238

Ranked #81 of 243 cities

48Moderate

Median Home Price

๐Ÿ 

$380K

3.0% YoY

Median Rent

๐Ÿ”‘

$1,500

2.0% YoY

Median Income

๐Ÿ’ฐ

$85K

Rent Burden

๐Ÿ“Š

25.5%

% of income to rent

Income to Buy

๐Ÿฆ

$109K

annual income needed

Income to Rent

๐Ÿ“

$60K

annual income needed

Price-to-Income

โš–๏ธ

4.5x

Homeownership

๐Ÿก

68.0%

Rent vs. Buy

Buy

$2,023/mo

Est. mortgage (7%, 20% down)

Need $109K/yr income

Rent

$1,500/mo

Median rent

Need $60K/yr income

How Overland Park Compares

MetricOverland ParkKansasNational
Home Price$380K$220K$410K
Rent$1,500$1,036$1,500
Income$85K$70K$75K
Rent Burden25.5%27.0%30.0%

Key Takeaways

  • โ€ข Home prices in Overland Park are 7% lower than the national average.
  • โ€ข Rent is about average than the national average.
  • โ€ข You need an income of $109K to comfortably buy a home here.
  • โ€ข The homeownership rate is 68.0%, compared to 65.0% nationally.