Topeka, KS

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Topeka, KS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Topeka Housing Market Information

With a population of 126,587, 53,220 total housing units (homes and apartments), and a median house value of $104,707, the cost of homes in Topeka is among some of the lowest in the nation. Compared to Kansas, however, Topeka real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Topeka, accounting for 65.69% of the city's housing units. Other types of housing that are prevalent in Topeka include large apartment complexes or high rise apartments ( 20.57%), duplexes, homes converted to apartments or other small apartment buildings ( 6.86%), and a few row houses and other attached homes ( 4.00%).

The most prevalent building size and type in Topeka are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.83% owning and 45.17% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Topeka's housing was primarily built during this period, from the '40s through the '60s. A full 39.18% of the city's housing hails from this era. Other housing ages represented in Topeka include homes built between 1970-1999 ( 34.20%) and housing constructed before 1939 ( 18.48%). There's also some housing in Topeka built between 2000 and later ( 8.14%).

Vacant housing appears to be an issue in Topeka. Fully 11.68% of the housing stock is classified as vacant. Left unchecked, vacant Topeka homes and apartments can be a drag on the real estate market, holding Topeka real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Topeka Home Appreciation Rates

Real estate appreciation rates in Topeka's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.72% during the period.

Over the last year, Topeka appreciation rates have trailed the rest of the nation. In the last twelve months, Topeka's appreciation rate has been 3.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Topeka were at -0.48%, which equates to an annual appreciation rate of -1.92%.

Notably, Topeka's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kansas, our data show that Topeka's latest annual appreciation rate is lower than 90% of the other cities and towns in Kansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Topeka differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Topeka - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Topeka real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,088,000 0.2
$816,001 - $1,088,000 0.1
$544,001 - $816,000 0.5
$435,001 - $544,000 0.7
$327,001 - $435,000 2.0
$218,001 - $327,000 7.1
$109,001 - $218,000 34.6
$54,001 - $109,000 37.0
$0 - $54,000 17.9

Average for KS
Very Low for Nation

Value Relative to Nation Value Relative to State
80.2510948905109 55.4770318021201

Number Of Homes And Apartments:

Topeka Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
Since 2000:
2000 Q1 - 2018 Q4
31.57% 1.44%
* 10 is highest

Rent & Ownership


Average Market Rent:
$877 / per month

Homeownership Rate

Owners 54.83
Renters 45.17
Vacant 11.68

Housing Market Details


Age of Homes

2000 or Newer 8.1
1970 - 1999 34.2
1940 - 1969 39.2
1939 or Older 18.5

Types of Homes

Single-Family 65.7
Townhomes 4.0
Small Apt. Buildings 6.9
Apt. Complexes 20.6
Mobile Homes 2.9
Other 0.0

Home Size

No Bedroom 4.85
1 Bedroom 12.95
2 Bedrooms 30.62
3 Bedrooms 37.03
4 Bedrooms 12.02
5 or more bedrooms 2.53