Is Topeka, KS 66604 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Topeka is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score55/ 100

More competitive than 57% of U.S. ZIP codes, and #79 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$123▲ +11.2% vs. last year

The Topeka housing market right now

In the three months ending August 31, 2026, 0% of homes in Topeka, KS 66604 sold above their list price, the typical home went under contract in 7 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 122 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (5 days then) and the median sale price rose 5% to $178,923. Overall, Topeka is about as competitive as it was a year ago.

Within Shawnee County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Topeka ranks #79 of 122 KS ZIP codes with enough sales (score 55 out of 100).

Nearby, Topeka 66619 (25% sold over asking) and Topeka 66609 (8% sold over asking) are even more competitive.

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 →

Where Topeka is

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Questions about Topeka real estate

Is Topeka a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Topeka, KS 66604 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 7 days in the latest three months.

Do homes in Topeka sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.7% of the 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 $178,923 in the three months ending August 31, 2026, about $123 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