Is Topeka, KS 66603 a buyer’s or seller’s market?
Topeka is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Topeka housing market right now
In the three months ending August 31, 2026, 0% of homes in Topeka, KS 66603 sold above their list price, the typical home went under contract in 13 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (39 days then) and the median sale price rose 244% to $71,969. Overall, Topeka is more competitive than a year ago, so tougher for buyers.
Within Shawnee County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Topeka 66619 (25% sold over asking) and Topeka 66609 (8% sold over asking) are even more competitive.
Run the numbers for 66603
Nearby markets
Auburn 66402Seller’s market $154 /sq ftBerryton 66409Seller’s market $183 /sq ftRossville 66533Seller’s market $146 /sq ftSilver Lake 66539Seller’s market $138 /sq ft Browse all markets →Towns like Topeka nearby
Find towns like Topeka in other states →Where Topeka is
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Questions about Topeka real estate
Is Topeka a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Topeka, KS 66603 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Topeka?
The typical home went under contract in 13 days in the latest three months.
Do homes in Topeka sell over asking?
0% of homes sold above their original list price.
What are property taxes in Topeka?
About 1.50% of a home’s value a year in Shawnee County, or roughly $6,000 on a $400,000 home.
What is the median home price in Topeka?
The median sale price was $71,969 in the three months ending August 31, 2026, about $45 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology