Market Intelligence Report — KS-820

Topeka, KS

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

Ref. No: 2026-KS-05
As of the latest 2026 data
Very Competitive

Median Listing

$267K
-4.6% YoY

Pending Ratio

1.07
-9.6% YoY

Active Inventory

318
+7.1% YoY

Median DOM

33 Days
-19.5% YoY

Primary Intelligence Tool — Sold Score™

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Topeka's housing market continues to exhibit highly competitive conditions, propelled by a pending ratio of 1.07. This indicates demand significantly outpacing available inventory, despite a notable increase in new listings.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Topeka market right now.

Active listings have experienced a 7.1% year-over-year increase, complemented by an even more substantial 20.6% rise in new listings over the past year. Despite this growth in supply, the median listing price has seen a 4.6% year-over-year decline to $267,000, while the median days on market contracted by 19.5% to 33 days. The pending ratio, though still high, has declined by 9.6% over the past year.

Historical Analysis

Market Trends

Median Price

$267K-1.8% MoM

Active Inventory

318+7.1% YoY

Days on Market

33-19.5% YoY

Sold Score™

77-9.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

77
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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 elevated pending ratio suggests that properties are being absorbed quickly, placing pressure on available inventory. This environment generally necessitates prompt decision-making regarding offers and limited flexibility for price negotiation. The contracting median days on market further underscores the swift pace of transactions in this market.

Luxury Segment

The average listing price has increased by 13.9% over the past year, reaching $384,476, while the median listing price declined by 4.6%. No distinct luxury-segment signal in this dataset.

Supply Dynamics

318 active listings represent the current floor, with new supply arriving at roughly 304 per month.

Pricing Pressure
13.0%

of active listings carry a price reduction, -3.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.3% year-over-year.

Absorption
1.07

Pending-to-active ratio — Very Competitive.

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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