The housing market in Topeka, IL is much more affordable than the US average. Currently, the median value of a home in Topeka is $55,600 compared to the national median value of $338,100. The appreciation rate for homes in Topeka over the last year has been 7.36%, slightly lower than the 8.27% national average but still a healthy increase in value. With its affordability and steady rate of appreciation, Topeka is an attractive place for those looking to buy a home or invest in real estate.
The median home cost in Topeka is $55,600. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Topeka is up 7.3%.
Average Age of Homes
- The median age of Topeka real estate is 38 years old
The Rental Market in Topeka
- Renters make up 12.0% of the Topeka population
- 0.0% of houses and apartments in Topeka, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.