Topeka, KS metro area Housing Market

Cool Market

Comprehensive housing market data for the Topeka, KS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$200K

24.7% YoY

Days on Market

36 days

14.3% YoY

Active Inventory

282

0.7% YoY

Homes Sold

123

38.8% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Topeka, KS metro area Market Summary

The Topeka, KS metro area housing market is cooling down. As of January 2026, the median home sale price is $200K, up 24.7% year-over-year. Homes are spending a median of 36 days on the market, 14.3% shorter than a year ago.

There are 282 homes for sale — 0.7% more than last year. With 2.3 months of supply, this is a seller's market. 156 new listings were added during this period, up 7.6% year-over-year.

Homes are selling for 95.7% of their list price on average, suggesting room for negotiation. 1.6% of homes sell above their asking price. 26.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

75

Contributing Factors

Months of Supply 2.3
Days on Market 36
Price Drops 26.9%
Sale-to-List Ratio 95.7%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 52.8%
Days on Market (National: 66) 45.5%
Inventory (National: 1,210,379) 100.0%

vs. Kansas Median

Median Price (Kansas: $281K) 29.0%
Days on Market (Kansas: 47) 23.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 53% below the national median, which could indicate stronger cash flow potential.

Topeka, KS metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$225K

Price per Sq Ft

$122

Sale-to-List Ratio

95.7%

Months of Supply

2.3

Sold Above List

1.6%

Price Drops

26.9%

New Listings

156

7.6% YoY

Pending Sales

195

Off Market in 2 Weeks

32.8%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.