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Buying a home in Overland Park, Kansas

In Overland Park, the median value of owner-occupied homes is $469,500, Johnson County's effective property tax rate is 1.14%, a purchase mortgage carried a median $3,418 in total loan costs in 2025, and median gross rent is $1,515 a month.

Data as of : Census ACS 2025 1-year, Census Vintage 2024, FHFA HPI 2026Q2, Census ACS 2020-2024, HMDA 2025, HUD FY 2027. Sources

Checked on against the official sources listed at the bottom of the page.

Overland Park home costs, fact by fact

Calculate for Overland Park

If you buy

Kansas state transfer tax

Kansas has no real estate transfer tax. Change the price: the amount is recalculated instantly.

Price$469,500
State transfer tax$0
Share of the price—

Default price: the Overland Park median value of owner-occupied homes, $469,500 (Census ACS 2025). Rule: No tax is calculated on the price. Recording fees are per page. Who pays: No tax to pay. No statute read assigns the recording fees to buyer or seller; the contract and closing statement decide. Not included: county and city transfer taxes, the tax on the mortgage, recording fees, title insurance and lender charges. Kansas transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Kansas state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

In short

The median value of owner-occupied homes in the city of Overland Park is $452,800, according to the Census Bureau’s 2024 American Community Survey, against $238,700 for Kansas as a whole. Overland Park is in Johnson County, part of the Kansas City, MO-KS metro area. KHRC states that its First Time Homebuyer loan cannot be used within Johnson County.

How much homes cost in Overland Park

The Census Bureau’s American Community Survey (ACS) asks owners how much they think their home would sell for. The median of those answers is a useful benchmark, but it is not a sale price: it covers every owner-occupied home, including homes bought long ago. Our page on Kansas home prices explains the method in detail.

AreaMedian value, 2024 (ACS)Margin of error (90%)
City of Overland Park$452,800±$14,550
Johnson County$432,600±$7,508
Kansas City, MO-KS metro area$314,300±$4,209
Kansas$238,700±$2,937
United States$360,600±$618

Source: U.S. Census Bureau, ACS 1-Year Estimates 2024, table B25077. The 2025 estimates are scheduled for October 29, 2026.

The city median is $20,200 above the county median, $138,500 above the metro median and $92,200 above the national median. Because the city’s margin of error is wide (±$14,550), treat the gap with Johnson County as small.

Are Overland Park prices rising?

The Federal Housing Finance Agency (FHFA) tracks repeat sales of the same single-family homes. It publishes a purchase-only, seasonally adjusted index for the Kansas City, MO-KS metro area, not for Overland Park alone. The release of August 25, 2026 shows:

Area1-year change (Q2 2025 to Q2 2026)5-year change (Q2 2021 to Q2 2026)
Kansas City, MO-KS metro area+2.9%+35.4%
Kansas+3.3%+37.1%
United States+2.1%+33.4%

Source: FHFA House Price Index, quarterly purchase-only files. Changes calculated by Payotte from the published index values.

Prices in the Kansas City area rose modestly over the past year, after a gain of about a third over five years.

Closing costs at the median price

On top of the price, buyers and sellers pay closing costs: lender fees, the appraisal, the survey, escrow and recording fees, and title insurance. Several depend on the loan and on the providers you choose, so there is no single official figure. See our guide to closing costs in Kansas, the page on transfer tax in Kansas and the national guide to closing costs explained.

Property tax in Overland Park

Property tax depends on the taxing units that cover your address, so it is not the same for every home in the city. We do not recalculate it on this page. Our Kansas property tax guide covers how homes are valued, the rates and how to appeal. To see how tax can be paid through your monthly mortgage payment, read our guide to escrow accounts.

Help for buyers in Overland Park

Because Overland Park is in Johnson County, the Kansas Housing Resources Corporation’s First Time Homebuyer loan (15% or 20% of the price at 0%, forgiven after 10 years) is not available here. KHRC’s fact sheet says that major metro areas receive their own federal funds.

Johnson County Housing Services lists a Housing Authority and home rehabilitation programs for owners, but no down payment program. Its HOME Rehabilitation loan caps the value of a repaired home at 95% of the HUD area median purchase price, which the county page gives as $328,000. The Overland Park pages we read list no buyer assistance either; City Hall’s number is 913-895-6000. Details are in our guide to Kansas first-time buyer programs.

Kansas guides for Overland Park buyers

Frequently asked questions

What is the median home price in Overland Park?

The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in the city of Overland Park at $452,800 (±$14,550). This is what owners think their home is worth, not the median sale price of recent sales.

Are home prices in the Kansas City area going up?

According to the FHFA purchase-only index, prices in the Kansas City, MO-KS metro area rose 2.9% between the second quarter of 2025 and the second quarter of 2026, and 35.4% over five years.

Is Overland Park more expensive than the rest of Kansas?

Yes. The 2024 ACS median value is $452,800 in Overland Park and $238,700 in Kansas, a gap of $214,100.

Can I use the Kansas first-time buyer loan in Overland Park?

No. KHRC’s fact sheet says the First Time Homebuyer assistance cannot be used within Johnson County.

Where can I find tax and closing cost details?

Our Kansas property tax guide and closing costs guide cover the rules and examples; both apply to homes in Overland Park.

More Kansas guides

Sources

Questions about buying a home in Overland Park

How much is property tax in Overland Park?

Homeowners in Johnson County pay a median $4,447 a year in property tax, 1.14% of the county median home value of $391,200 (Census ACS 2020-2024). Your bill depends on your assessed value and local rates.

What are closing costs on a mortgage in Overland Park?

Home-purchase mortgages in Johnson County carried median total loan costs of $3,418 in 2025; half of the 7,184 loans fell between $2,808 and $5,325 (HMDA). Total loan costs are the lender and settlement-service charges of the Closing Disclosure; transfer taxes and prepaid items come on top.

Is there a transfer tax when you buy a home in Overland Park?

No Kansas transfer tax was found in the statutes and county fee schedule read. The old mortgage registration tax of 0.26% of the loan was repealed in 2019, and what remains is a recording fee of $21 for the first page and $17 for each added page in Johnson County.

Is it cheaper to rent or buy in Overland Park?

It depends on your mortgage rate, down payment and how long you stay. As a benchmark, the median value of owner-occupied homes in Overland Park ($413,600) equals 22.8 years of the median gross rent ($1,515 a month), both from Census ACS 2020-2024.

Run your own numbers: rent vs buy calculator · closing costs calculator.

Professionals by sector of Overland Park

Who licenses each trade in Kansas

Other large cities: see cities in Kansas.

Data sources for the figures above

Kansas · All states · Federal guides