Palisade Park home values
Palisade Park at a glance
- Palisade Park shares ZIP-level data with nearby ZIPs in Olathe: median value $340,254, median rent $1,293/month.
Palisade Park home value score
from local value, rent & income
In nearby ZIPs in Olathe, rents are moderate relative to prices, and homes are moderately priced against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — this ZIP has no ACS figures yet, so it uses nearby ZIPs in Olathe (U.S. Census ACS 2023): home value, gross rent and household income. It is not a market-timing or appreciation forecast.
What it costs to buy a home in Palisade Park
At the typical value of $340,254, a buyer putting 20% down ($68,051) and financing the rest at 6.5% over 30 years would pay about $1,721 a month in principal and interest — 18% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $1,293/month, so owning costs roughly 33% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Palisade Park
Buyers
Homes cost about 3.0× the local median income — affordable by national standards, so first-time buyers have a realistic path in.
Sellers
Typical values here are about the same as the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.
Investors
A gross rental yield of 4.6% is middling — returns depend on buying below the typical price or adding value.
Other neighborhoods in Olathe
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Arbor Creek ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Brittany Place ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Brougham ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Cedar Creek ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Downtown Olathe ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Fairview ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Havencroft ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Heritage Park ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Indian Creek ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Mahaffie ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Nottington Creek ZIP 66062 · shared | $343K | +4.9% | $116K | $1,349 | 2.9× |
| Palisade Park city data | — | — | — | — | — |
| Prairie Point ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Rolling Ridge ZIP 66061 · shared | $337K | +4.7% | $109K | $1,228 | 3.1× |
| Symphony Hills city data | — | — | — | — | — |
| Willowwood city data | — | — | — | — | — |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
What’s your Palisade Park home worth?
Estimates are informational only and are not an appraisal.
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.