52Alpha

Topeka, KS metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Topeka, KS metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-31.327
Inventory Health25%
-17.852
Affordability20%
80
Economic Strength20%
No data
50
Rental Yield15%
48

Where is Topeka, KS metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Topeka, KS metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Topeka, KS metro area housing market data

MetricValueYoY
Median Sale Price$227K▲ +8.3%
Median Days on Market12 days-7.7%
Months of Supply1.2-14.3%
Homes for Sale322-12.7%
Homes Sold275▲ +6.6%
Median Price / Sq Ft$130▲ +6%
Sale-to-List Ratio94.2%-2.6%

How has Topeka, KS metro area’s Alpha Score moved?

Now: 52
4-period trend
Median sale price · 12 mo

Markets like Topeka, KS metro area

Frequently asked questions

Is Topeka, KS metro area a buyer's or seller's market?

As of May 2026, Topeka, KS metro area is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Topeka, KS metro area?

The median sale price in Topeka, KS metro area is $227K, having risen 8.3% over the past year.

How affordable is Topeka, KS metro area?

Topeka, KS metro area scores 80 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Topeka, KS metro area's Alpha Score?

Topeka, KS metro area's strongest dimension is Affordability (80/100) and its weakest is Price Momentum (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Topeka, KS metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.