Commercial Real Estate Market in Overland Park, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
341 active listings and 3,436 off-market properties in Overland Park, KS. Commercial property asks $70/SF to buy and $22.24/SF/Yr to lease.
Market Trends
Overland Park, KS spans 163.6 square miles in Johnson County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Overland Park, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Overland Park, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Overland Park, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Overland Park, KS asks $206/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Overland Park, KS has 304,749 residents in 135,804 households. Density runs 1,863 people per square mile. Median household income here is $114,909 and median gross rent $1,473 a month.
304,749
Population
135,804
Households
2.2
Avg Household Size
39
Median Age
60%
College-Educated
97%
High-School Grad
163.6 sq mi
ZIP Area
1,863
Density / Sq Mi
$114,909
Median Household Income
$63,159
Median Earnings
$1,473
Median Rent
$411,677
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Olathe | — | — |
| Spring Hill | — | — |
| Gardner | — | — |
| Bucyrus | — | — |
Commercial property in Overland Park, KS asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Overland Park?
Commercial property in Overland Park, KS asks an average of $70 per square foot. Multifamily carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in Overland Park?
Asking lease rates in Overland Park, KS average $22.24 per square foot per year.
Where does Realmo's Overland Park market data come from?
Realmo compiles Overland Park, KS figures from 168 active sale listings, 173 active lease listings, 3,436 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 168 active for-sale and 173 active for-lease listings in Overland Park, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
