Topeka, KS Home Values & Market Trends
Real estate market trends reflect that there have been 2,448 transactions over the past year in Topeka. The median value for residential home transactions that occurred over the previous year is $166,075.98. The number of current listings in Topeka is 268, and the percentage of properties for sale in the city is 268.00%. Topeka, KS currently has 55 properties in foreclosure, 8 bank owned properties, 6 properties headed for auction, and 268 properties for sale.
Topeka, KS Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 66614 | $ 259,116 $ 118/sqft | 66608 | $ 98,900 $ 115/sqft |
| 66604 | $ 154,488 $ 95/sqft | 66607 | $ 140,000 $ 81/sqft |
| 66611 | $ 149,125 $ 96/sqft | 66615 | $ 252,000 $ 105/sqft |
| 66610 | $ 383,000 $ 126/sqft | 66619 | $ 146,960 $ 75/sqft |
| 66605 | $ 218,861 $ 106/sqft | 66612 | $ 169,240 $ 46/sqft |
| 66606 | $ 126,932 $ 90/sqft | 66603 | $ 67,450 $ 61/sqft |
| 66618 | $ 416,850 $ 149/sqft | 66621 | $ -- $ -- |
| 66617 | $ 265,955 $ 137/sqft | 66624 | $ -- $ -- |
| 66616 | $ 80,165 $ 91/sqft | 66622 | $ -- $ -- |
| 66609 | $ 241,250 $ 113/sqft |
Housing Market Summary for Topeka, KS
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $169.9K | $192.9K | 13.52% |
| Median Sold Price | $189K | $192.9K | 2.07% |
| Homes For Sale | 79 | 248 | 213.92% |
| Homes Sold | 1,186 | 1,251 | 5.48% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Topeka, KS
Topeka home values range from $18,917 to $1,690,338. The median estimated value of a home in Topeka is $166,075.98. The median list price of a home is 215,000, and the total count of properties in the city is 55,733.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Topeka, KS with 66604 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 19 zips within Topeka, KS; of those zips, the estimated home value for pre-foreclosure homes ranges from $212,500 in 66618 to the lowest home value of $30,012 in 66607.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Topeka, KS ranges from the highest value of $124,500 in 66617 to the lowest value of $39,183 in 66604. Bank owned homes and properties account for 0.01% of properties in Topeka, KS. There are 19 zips within Topeka, KS; 66616 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions66611 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Topeka, KS. Auction homes and other auction properties account for 0.01% of all properties in Topeka, KS. There are 19 zips within Topeka, KS; of those zips, the median estimated home value for homes going to auction ranges from $116,961 in 66614 to the lowest value of $55,760 in 66614.
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Guide for Topeka, KS
Topeka, Kansas’ rising real estate market has grown from 2023 to 2024: property value has increased with sales volume fluctuations. See out price comparisons with neighboring cities which reveals a dynamic, albeit volatile, market with strong investment potentials.
A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
