Market Intelligence Report — KS-820

Topeka, KS

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

Ref. No: 2026-KS-08
As of the latest 2026 data
Accelerated

Median Listing

$260K
+0.8% YoY

Pending Ratio

0.75
-5.4% YoY

Active Inventory

406
+10.0% YoY

Median DOM

39 Days
+8.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Topeka market?

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The Topeka market is currently in an Accelerated condition, characterized by a pending ratio of 0.75, which indicates strong demand relative to available inventory. Active listings have expanded by 10.0% year-over-year, yet the market maintains a swift absorption pace.

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

4.1%+0.0 pp YoY

Unemployment rate · Jul 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 shown a year-over-year increase of 10.0%, reaching 406 units, while new listings also grew by 2.9% over the past year. The median listing price has experienced a modest 0.8% year-over-year increase to $260,000, despite a month-over-month decline of 2.9%. The pending ratio stands at 0.75, reflecting a significant volume of contracts relative to new inventory, although this metric has softened by 5.4% over the past year.

Historical Analysis

Market Trends

Median Price

$260K-2.9% MoM

Active Inventory

406+10.0% YoY

Days on Market

39+8.3% YoY

Sold Score™

73-5.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

Current dynamics suggest that the pace of transactions remains robust, driven by a pending ratio of 0.75 that indicates rapid absorption of available inventory. While active listings have increased year-over-year, the sustained demand places pressure on the remaining supply, necessitating competitive positioning for available properties. This environment supports price discipline for listings that align with current market demand.

Luxury Segment

Average listing prices in Topeka show a notable 12.8% year-over-year increase, significantly outpacing the median listing price growth of 0.8% and the median $/sqft growth of 5.9%. This divergence, with a higher average price alongside a relatively stable median, suggests potential price expansion at the upper tiers of the market. No distinct luxury-segment softness is indicated by this dataset.

Supply Dynamics

406 active listings represent the current floor, with new supply arriving at roughly 284 per month.

Pricing Pressure
19.8%

of active listings carry a price reduction, +2.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.9% year-over-year.

Absorption
0.75

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Topeka, KS? Inventory is up 10% 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
75%
Median Days on Market
39 days
Inventory YoY
+10%

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

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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 0.75 with median days on market at 39.

  • Are home prices dropping in Topeka?+

    Median listing price is $260K, +0.8% year over year. 19.8% of active listings carry a price reduction.

  • How fast are homes selling in Topeka?+

    The typical listing sits 39 days on market, a +8.3% change YoY. New listings are arriving at 284 per month.

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

    Average listing prices in Topeka show a notable 12.8% year-over-year increase, significantly outpacing the median listing price growth of 0.8% and the median $/sqft growth of 5.9%. This divergence, with a higher average price alongside a relatively stable median, suggests potential price expansion at the upper tiers of the market. No distinct luxury-segment softness is indicated by this dataset.

  • 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