Market Overview
Home Prices in Topeka, KS
The median home value in Topeka, KS is $199,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Topeka are priced51% below average. Topeka is part of the Topeka, KS metro area.
Over the past five years, Topeka home values have risen by approximately34.9%, reflecting strong long-term appreciation in this market.
Price History
Topeka Home Price Trend
City Comparison
Topeka vs. National Median
At $199,788, homes in Topeka cost 51% below the national median of $410,000. This makes Topeka a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Topeka?
20% Down Payment
$39,958
on $199,788
Monthly P&I
$1,042/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,323/mo
incl. taxes & insurance
Income Needed
$52,920
gross annual (30% rule)
10% Down Option
$19,979
+ PMI applies
Loan Amount (20% dn)
$159,830
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Topeka, KS?
The median home value in Topeka is $199,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Topeka?
Over the past year, home values in Topeka have decreased by 0.1%. Over five years, prices have risen approximately 34.9%.
How much do I need to earn to buy a home in Topeka?
To comfortably afford the median home price of $199,788 with a 20% down payment ($39,958) at today's rates (6.8%), you'd need a gross annual income of approximately $52,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Topeka compare to the national average home price?
The national median home value is approximately $410,000. At $199,788, homes in Topeka are 51% below the national average.
What metro area is Topeka part of?
Topeka is part of the Topeka, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.