Weekly Real Estate News Roundup: Overland Park and Surrounding Areas
Welcome to this week’s real estate news roundup for Overland Park and its neighboring communities. In this edition, we delve into the latest market trends, property valuations, and housing inventory updates that have emerged over the past two weeks. Staying informed about these developments is crucial for homeowners, prospective buyers, and real estate investors alike, as they navigate the dynamic landscape of the local real estate market.
Overland Park Housing Market Trends
As of February 2025, Overland Park’s housing market has experienced significant growth. The median home price reached $475,000, marking a 19% increase compared to the same period last year. On average, homes in Overland Park are selling after 35 days on the market, compared to 25 days last year. In February, 131 homes were sold, down from 140 in the same month last year. redfin.com
Johnson County Property Valuations
Recent data from the Johnson County Appraiser’s Office indicates that the average residential property value has increased by 6.5% in 2025. This reflects a continued trend of property value appreciation in the area, although at a more moderate pace compared to previous years. kshb.com
Housing Inventory in Overland Park
The housing inventory in Overland Park has seen changes across different property sizes. In February 2025, there were 797 homes for sale, a 4.7% increase compared to January 2025. Specifically, the inventory for one-bedroom homes increased by 100%, two-bedroom homes by 3.8%, while three-bedroom homes saw a decrease of 6.3%. Four-bedroom and five-bedroom homes experienced inventory increases of 7.6% and 8.9%, respectively. rocket.com
Historic Overland Park Neighborhood Trends
The Historic Overland Park neighborhood has experienced a significant uptick in home prices. In February 2025, the median sale price was $279,250, a 14% increase compared to the previous year. However, homes are staying on the market longer, with an average of 48 days before sale, up from 15 days last year. The number of homes sold decreased to four in February from eight in the same month last year. redfin.com
Johnson County Market Insights
Johnson County’s housing market continues to thrive, driven by population growth and economic strength. According to the Johnson County Appraiser’s Office 2024 Market Study Analysis, 90% of residential properties saw value increases of 7-9% last year, a trend continuing into 2025. Redfin reports a median sale price of $445,000 in December 2024, which is estimated to have risen to $450,000 by February 2025, based on consistent 5.9% year-over-year growth. emetropolitan.com
Looking Ahead
The real estate market in Overland Park and its surrounding areas continues to evolve, presenting both opportunities and challenges for buyers and sellers. Staying informed about current trends and market dynamics is essential for making well-informed decisions. Whether you’re considering buying your first home, selling your property, or exploring investment opportunities, having a trusted real estate professional by your side can make all the difference. AravindKCRealtor is committed to guiding you through every step of your real estate journey, ensuring that your goals are met with expertise and dedication.
