Topeka housing prices nearly doubled over 10 years

TOPEKA (KSNT) – Housing prices have increased by almost 50% in Topeka over the past 10 years alone.

27 News looked at housing price data collected by real estate company Zillow in the City of Topeka. The data shows that since 2014, the price of a house in the Capital City has increased by more than $91,000. Since 2005, homes in Topeka have increased by almost 50%.

As of July 2025, the average price of a home in Topeka is $199,966. Two decades ago, a house in the Capital City would’ve cost $104,957. Zillow started tracking house prices in Topeka in 2000; back then, the average price of a home was $83,736.

Wichita State University’s (WSU) Center for Real Estate publishes a real estate forecast for Topeka each year. In the most recent report, WSU reported that Topeka home sales have picked up slightly in 2024 as mortgage rates dropped nearly 1.5 percentage points from the peak in October 2023.

The WSU real estate forecast predicts that demand will stay strong in 2025 due to a lack of supply constraining the market. WSU projected that construction activity should level off in 2025.

“Demand for homes in the Topeka area continues to outpace supply, with the inventory of homes available for sale among the tightest in the nation, well below the 4 to 6 months’ supply typically associated with a balanced market,” WSU wrote in its 2025 Kansas Housing Market Forecast. “Nevertheless, buyers remain cautious in the face of higher home prices and financing costs and appear willing to pass on homes they deem overpriced or in less than perfect condition.”

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