Topeka, KS metro area Housing Market

Warm 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: March 2026

Median Sale Price

$210K

10.5% YoY

Days on Market

31 days

24.0% YoY

Active Inventory

272

21.6% YoY

Homes Sold

228

3.2% YoY

Warm Market

The market is active with moderate buyer demand.

Topeka, KS metro area Market Summary

The Topeka, KS metro area housing market is heating up. As of March 2026, the median home sale price is $210K, up 10.5% year-over-year. Homes are spending a median of 31 days on the market, 24.0% longer than a year ago.

There are 272 homes for sale — 21.6% fewer than last year. With 1.2 months of supply, this is a seller's market. 262 new listings were added during this period, down 16.3% year-over-year.

Homes are selling for 100.0% of their list price on average, suggesting room for negotiation. 1.3% of homes sell above their asking price. 33.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

54

Contributing Factors

Months of Supply 1.2
Days on Market 31
Price Drops 33.8%
Sale-to-List Ratio 100.0%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 51.9%
Days on Market (National: 55) 43.6%
Inventory (National: 1,314,690) 100.0%

vs. Kansas Median

Median Price (Kansas: $302K) 30.5%
Days on Market (Kansas: 35) 11.4%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 52% below the national median, which could indicate stronger cash flow potential.

Topeka, KS metro area Market Trends

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Detailed Market Metrics

Median List Price

$220K

Price per Sq Ft

$119

Sale-to-List Ratio

100.0%

Months of Supply

1.2

Sold Above List

1.3%

Price Drops

33.8%

New Listings

262

16.3% YoY

Pending Sales

278

Off Market in 2 Weeks

57.2%

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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.