Market Intelligence Report — KS-820

Topeka, KS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KS-09
As of the latest 2026 data
Accelerated

Median Listing

$256K
-1.8% YoY

Pending Ratio

0.64
-11.4% YoY

Active Inventory

438
+15.0% YoY

Median DOM

39 Days
-0.7% YoY

Primary Intelligence Tool — Sold Score™

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The Topeka market is currently in an Accelerated condition, with a pending ratio of 0.64. This indicates demand continues to outpace available inventory, despite a year-over-year decline in the pending ratio by 11.4%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.9%+0.3 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

233,052+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Topeka market right now.

Active listings have expanded by 15.0% over the past year, reaching 438 units, while new listings experienced a marginal contraction of 1.5% year-over-year. The median listing price declined 1.8% year-over-year to $256,200. Concurrently, the median days on market saw a slight reduction of 0.7% compared to the prior year, suggesting a relatively stable pace of transactions. Demand, as reflected by the pending ratio, has moderated somewhat from its level a year ago.

Historical Analysis

Market Trends

Median Price

$256K-1.5% MoM

Active Inventory

438+15.0% YoY

Days on Market

39-0.7% YoY

Sold Score™

72-11.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

72
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current pending ratio suggests that inventory is absorbed at a relatively swift pace, maintaining a degree of pressure on available units. While the recent year has seen an increase in active listings, this has not fundamentally shifted the market towards prolonged price discipline, with inventory still seeing strong absorption. Negotiating leverage remains tilted towards rapid transaction cycles.

Luxury Segment

The average listing price increased by 12.8% year-over-year, significantly outpacing the 1.8% decline in the median listing price and the 3.8% increase in median $/sqft. This divergence suggests potential activity and valuation shifts within the higher price tiers relative to the broader market dynamics.

Supply Dynamics

438 active listings represent the current floor, with new supply arriving at roughly 266 per month.

Pricing Pressure
21.3%

of active listings carry a price reduction, -0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.8% year-over-year.

Absorption
0.64

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Topeka, KS? Inventory is up 15% from last year.

Demand in Topeka, KS is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
64%
Median Days on Market
39 days
Inventory YoY
+15%

Demand is strong in Topeka, KS. Check your Sold Score before you price — conditions this favorable don't hold forever.

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The Monthly Briefing

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Metro Demographics

Metro Area
Topeka, KS
CBSA Code
45820
State
KS

ZIPs in Topeka, KS

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Topeka?+

    As of the latest 2026 data, the Topeka metro is classified as Accelerated. Pending ratio is 0.64 with median days on market at 39.

  • Are home prices dropping in Topeka?+

    Median listing price is $256K, -1.8% year over year. 21.3% of active listings carry a price reduction.

  • How fast are homes selling in Topeka?+

    The typical listing sits 39 days on market, a -0.7% change YoY. New listings are arriving at 266 per month.

  • What's happening in the Topeka luxury market?+

    The average listing price increased by 12.8% year-over-year, significantly outpacing the 1.8% decline in the median listing price and the 3.8% increase in median $/sqft. This divergence suggests potential activity and valuation shifts within the higher price tiers relative to the broader market dynamics.

  • Where can I find a trusted Topeka real estate expert?+

    Primpted maintains a vetted registry of Topeka agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 45820 · 36mo history