Living in Overland Park, KS
Overland Park is a thriving suburban city located just southwest of Kansas City, known for its family-friendly neighborhoods, excellent schools, and ample parks. With a diverse community and a rich array of amenities, it offers a vibrant lifestyle featuring shopping, dining, and recreational activities. Residents enjoy a balanced urban-suburban blend with great access to culture, entertainment, and nature.
Current Market Conditions in Overland Park, KS
The Overland Park real estate market is currently strong, characterized by rising property values and high demand for homes. The city has seen an influx of buyers attracted by its excellent schools, abundant amenities, and family-friendly atmosphere. As a result, home prices have steadily increased, with competitive bidding occurring for popular listings. This trend indicates a healthy market, despite slight fluctuations due to economic variables.
Overall, the real estate market in Overland Park remains a solid investment opportunity, drawing both young families and retirees seeking a vibrant community with comprehensive services.
Home Value Estimator For Overland Park, KS
There are currently 55,370 real estate properties
in Overland Park, KS,
with a median automated valuation model (AVM) price
of $471,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Overland Park, KS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Overland Park, KS,
is $517,041.00, with the most expensive house
in Overland Park, KS, topping out
at $13,783,787.00 and the cheapest home
in Overland Park, KS,
clocking in at $27,364.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Overland Park, KS!
Rent Prices
In Overland Park, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Overland Park, KS, is on
a rollercoaster ride. The
average rent price in Overland Park, KS,
is $1,780.00. Indeed, when looking to rent in
Overland Park, KS, you can expect to pay as little
as $580.00 or as much
as $4,200.00,
with the average rent median estimated to
be $1,760.00. The good news is that finding
an affordable and desirable property to rent in Overland Park, KS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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