Is Topeka, KS 66609 a buyer’s or seller’s market?
Topeka is a seller’s market. With about 2.5 months of supply and 8% 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.
More competitive than 61% of U.S. ZIP codes, and #75 of 123 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 July 31, 2026. See the breakdown
The Topeka housing market right now
In the three months ending August 31, 2026, 8% of homes in Topeka, KS 66609 sold above their list price, the typical home went under contract in 7 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (4 days then) and the median sale price fell 6% to $255,789. Overall, Topeka is more competitive than a year ago, so tougher for buyers.
Within Shawnee County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 95%.
Nearby, buyers who want less competition could look at Topeka 66618 (0% sold over asking) or Topeka 66617 (0% sold over asking), while Topeka 66619 (25% sold over asking) is even more competitive.
Run the numbers for 66609
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 seller’s market: there were 2.5 months of supply in Topeka, KS 66609 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?
8% of homes sold above their original list price, and the typical sale closed at 101.2% 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 $255,789 in the three months ending August 31, 2026, about $119 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