Topeka - KS housing market
The Topeka metro has a typical home value of $216,883, up 1.2% from a year ago. Homes are moving fast at 13 days on market, a strong seller's market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
Topeka housing market, October 2026
The typical Topeka home is worth $216,882 as of September 2026, up 0.2% from the prior month, up 0.8% over three months, and up 1.2% from a year ago. Over the past two years values have ranged from $208,437 to $216,882.
Homes are going pending in about 13 days, slower than the 7 days seen three months earlier. There are roughly 687 homes for sale, 7% more than a year ago. 27.0% of listings have taken a price cut (up from 22.6% three months ago).
Typical rent is $1,250 a month, up 4.4% year over year, which puts the price-to-rent ratio at 14.5.
At this week's 7.40% mortgage rate with 20% down ($43,377), the typical Topeka home costs about $1,472 a month including tax and insurance, which needs a household income of roughly $63,100 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($216,883) is the Zillow Home Value Index for the Topeka - KS metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.2% over the past year. In Topeka - KS, that means a home worth $214,311 last year is now worth roughly $216,883.
The median sale price, what homes actually close for, is $216,361. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.
Homes listed in Topeka - KS sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 281 new listings hit the market each month in Topeka - KS. There are currently 687 homes for sale, up 6.7% from a year ago.
The typical monthly rent in Topeka - KS is $1,250, up 4.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.5x, buying territory (#160 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,201 a month in principal and interest, $49 less than renting before taxes, insurance and upkeep. The two break even at a 7.81% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in KS
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Wichita - KS | $222,219 | +2.9% | 15.0d |