Market Overview
Home Prices in Olathe, CO
The median home value in Olathe, CO is $465,970 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Olathe are priced14% above average. Olathe is part of the Montrose, CO metro area.
Over the past five years, Olathe home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Olathe Home Price Trend
City Comparison
Olathe vs. National Median
At $465,970, homes in Olathe cost 14% above the national median of $410,000. Buyers in Olathe should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Olathe?
20% Down Payment
$93,194
on $465,970
Monthly P&I
$2,430/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,086/mo
incl. taxes & insurance
Income Needed
$123,440
gross annual (30% rule)
10% Down Option
$46,597
+ PMI applies
Loan Amount (20% dn)
$372,776
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Olathe, CO?
The median home value in Olathe is $465,970 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Olathe?
Over the past year, home values in Olathe have increased by 3.6%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Olathe?
To comfortably afford the median home price of $465,970 with a 20% down payment ($93,194) at today's rates (6.8%), you'd need a gross annual income of approximately $123,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Olathe compare to the national average home price?
The national median home value is approximately $410,000. At $465,970, homes in Olathe are 14% above the national average.
What metro area is Olathe part of?
Olathe is part of the Montrose, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.