Is Topeka, KS 66612 a buyer’s or seller’s market?
Topeka is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Topeka housing market right now
In the three months ending August 31, 2026, 0% of homes in Topeka, KS 66612 sold above their list price, the typical home went under contract in 24 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 more slowly (9 days then) and the median sale price fell 71% to $37,384. Overall, Topeka is less competitive than a year ago, which gives buyers more room.
Within Shawnee County, homes here sell more slowly than in 86% 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 66612
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 buyer’s market: there were 6.4 months of supply in Topeka, KS 66612 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 24 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 $37,384 in the three months ending August 31, 2026, about $26 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