Total monthly cost of ownership
Cost to Own a Home in Overland Park, Kansas
A $384,000 home here costs
$3,068per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,974. The real number is $1,094 higher every month — 55% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Overland Park against Johnson County and Kansas
| Measure | Overland Park | Johnson County |
|---|---|---|
| Median home value | $384,400 | $366,000 |
| Median property tax | $4,158 | $4,221 |
| Effective tax rate | 1.082% | 1.153% |
| Median gross rent | $1,455 | $1,385 |
| Population | 197,199 | 614,764 |
The weather behind that power bill
Overland Park sits in Johnson County, which averages a high of 87.5°F in its hottest month and a low of 21.2°F in its coldest, with 37.74" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 1,351 cooling and 4,926 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Johnson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
Common questions
How much does it cost to own a home in Overland Park?
A $384,000 home in Overland Park, Kansas costs approximately $3,068 per month with 20% down at 6.66%. That is $1,974 principal and interest, $346 property tax, $224 homeowners insurance, $204 utilities and $320 set aside for maintenance.
What is the property tax rate in Overland Park?
Overland Park has an effective property tax rate of 1.082%, based on a median home value of $384,400 and median real estate taxes of $4,158. That is lower than the Johnson County average of 1.153%.
What is the average home price in Overland Park?
The median owner-occupied home value in Overland Park, Kansas is $384,400, against $366,000 across Johnson County.
Is it cheaper to rent or buy in Overland Park?
Median gross rent in Overland Park is $1,455 a month, against $3,068 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Overland Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.