March 2024

Topeka Housing Market Report Shawnee County, Kansas

Report Updated 19 Days Ago

Housing Prices in Topeka, KS

How much do homes in Topeka, KS cost?

Median List Price

$230,000

$124/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$7,500(-3.2%)

Key Takeaway

The list price of homes in Topeka has decreased by 3.2% since February.

Summary: The median home list price in Topeka was $230,000 in March 2024, down 3.2% from the previous month, and the median price per square foot was $124.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$137.5K	$210K	+52.7%
3 Bedrooms	$275K	$242.5K	-11.8%
4 Bedrooms	$222.5K	$227.5K	+2.2%
5+ Bedrooms	$350K	$350K	0.0%

Summary: Topeka housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes did not change.

Housing Supply in Topeka, KS

How many homes are available in Topeka, KS?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
14	15	+7.1%

Summary: The Topeka real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	2	2	0.0%
3 Bedrooms	5	6	+20.0%
4 Bedrooms	6	6	0.0%
5+ Bedrooms	1	1	0.0%

Summary: The Topeka housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Topeka, KS

How long does it take to sell a home in Topeka, KS?

Average Listing Age

Feb 2024	Mar 2024	CHANGE
78 Days	66 Days	-16.1%

Summary: Homes in Topeka had an average listing age of 66 days in Mar 2024, down by 16.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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Newest Listings in Topeka, KS

Nearby Markets to Topeka, KS

MLS Disclaimers and Copyright

Based on information from Heartland Multiple Listing Service Inc. for the period 02/01/2024 - 04/01/2024

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 7:24:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.