The housing median value in Topeka, KS Metro Area is $179,000 which is significantly lower than the US House Median Value of $338,100. However, the house appreciation rate in Topeka has been higher than the national rate over the last year at 10.31%, compared to 8.27%. This suggests that the housing market in Topeka is currently experiencing growth and may be a great place to invest in real estate.
The median home cost in Topeka Metro Area is $179,000. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Topeka Metro Area is up 14.7%.
Average Age of Homes
- The median age of Topeka Metro Area real estate is 46 years old
The Rental Market in Topeka Metro Area
- Renters make up 29.0% of the Topeka Metro Area population
- 2.9% of houses and apartments in Topeka Metro Area, 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.