Sterling Chase is a Ranch-style neighborhood in Northwest Topeka, part of the broader Fielding Road / Derby Drive / Beaumont corridor of newer construction communities. Here's what the recent sales data shows about pricing, pace, and what buyers and sellers should expect right now.
Sterling Chase Quick Facts
| Metric | Value | Context |
|---|---|---|
| Average Sold Price | $451,241 | Primary benchmark for the neighborhood |
| Median Sold Price | $462,500 | Middle value; shown for context |
| Price Range | $230,000 – $612,500 | Lowest to highest sale in the period |
| Average Days on Market | 35 days | Average time from list to accepted offer |
| Median Days on Market | 29 days | Typical experience, less skewed by outliers |
| List-to-Sale Price Ratio | 99.3% average | Homes are selling very close to final list price |
| Price Per Square Foot | $240 average (above-grade finished area) | Based on above-grade finished square footage |
| Year-Over-Year Growth | +4.3% average price | August 2025–August 2026 vs. August 2024–August 2025 |
| Total Sales in Period | 19 MLS sales (plus 9 off-market) | September 2024 through August 2026 |
A note on sample size: Sterling Chase is a smaller, newer-construction community, so 19 recorded MLS sales over two years is a relatively small dataset. The figures above are directionally accurate but can shift more with each new sale than they would in a larger, more established neighborhood.
Frequently Asked Questions About Sterling Chase
Where is Sterling Chase located in Topeka?
Sterling Chase is a newer-construction neighborhood in Northwest Topeka, Kansas, built out along streets including Sterling Chase Drive, Derby Drive, Fielding Road, Beaumont Street, and NW 49th Terrace. It sits within the broader NW Topeka corridor that has seen significant new-home development over the past several years.
The community is entirely Ranch-style construction based on the sales recorded during this analysis period, which sets it apart from older, more architecturally mixed Topeka neighborhoods.
How much do homes cost in Sterling Chase?
Homes in Sterling Chase sold for an average of $451,241 over the past 24 months, with a median sold price of $462,500. Sold prices ranged from $230,000 to $612,500, reflecting a mix of smaller starter-sized ranches and larger finished homes with bigger footprints.
That price range means Sterling Chase sits solidly in Topeka's upper-mid to upper price tier for single-family homes, driven largely by newer construction and larger average square footage compared to older neighborhoods.
How long does it take to sell a home in Sterling Chase?
Homes in Sterling Chase spent an average of 35 days on market, with a median of 29 days. The gap between average and median means a handful of listings took longer to sell and pulled the average up, while most homes moved in under a month.
For sellers, that's a reasonably quick pace. For buyers, it means well-priced homes here don't tend to sit for long, so having financing ready to move matters.
Is Sterling Chase a buyer's market or a seller's market?
Based on recent data, Sterling Chase is best described as a balanced market with a slight seller lean. Homes are selling at an average of 99.3% of list price and moving in around a month, which points to fairly accurate pricing and steady demand rather than a market tilted heavily toward either side.
At the same time, 42.1% of recorded sales had at least one price reduction before going under contract, which tells buyers there's still room to negotiate on homes that come out of the gate overpriced.
Are home prices increasing or decreasing in Sterling Chase?
Average sold price is up 4.3% year-over-year, rising from $444,223 (August 2024–August 2025) to $463,271 (August 2025–August 2026). That's steady, sustainable growth rather than a spike.
The median sold price moved differently, down 10.8% over the same comparison. That divergence is explained in more detail in the Year-Over-Year Snapshot below, and it comes down to which specific homes sold in each period rather than a genuine drop in neighborhood values.
Do homes in Sterling Chase sell for asking price?
Yes, on average homes in Sterling Chase sell for 99.3% of their final list price (median 99.1%). That's very close to full price and signals that sellers who price competitively from the start are getting close to what they're asking.
It's worth noting that "final list price" isn't always the original price. 42.1% of sales in this dataset had at least one price adjustment along the way, averaging a $9,997 reduction (about 2.5% of the original price) before the home found a buyer.
What is the price per square foot in Sterling Chase?
Homes in Sterling Chase are selling for an average of $240 per square foot of above-grade finished area, with a median of $240 as well. That consistency between average and median suggests pricing per square foot is fairly stable across the different home sizes that sold.
Larger homes (2,000+ square feet above grade) actually priced slightly more efficiently on a per-square-foot basis than smaller homes in this dataset, more detail on that is in the size breakdown below.
Are sellers offering concessions or closing cost assistance in Sterling Chase?
21.1% of Sterling Chase sales included seller concessions, averaging $3,834 among the sales where concessions were offered. That's a minority of transactions, which lines up with a market where homes are selling close to list price rather than one where sellers routinely need extra incentives to close a deal.
Where concessions did show up, they tended to appear on higher-priced homes rather than entry-level ones in this dataset.
What types of homes are available in Sterling Chase?
Every sold home recorded in Sterling Chase during this analysis period was a Ranch-style home. That's a notable characteristic of the neighborhood: rather than a mix of two-stories, split-levels, and ranches like many established Topeka neighborhoods, Sterling Chase's newer-construction inventory has been consistently single-level.
Above-grade finished square footage ranged from roughly 1,400 to nearly 3,000 square feet, with several homes also featuring finished basement space that adds significant additional living area beyond the above-grade total.
Is Sterling Chase a good neighborhood to invest in?
Sterling Chase shows characteristics that typically appeal to both owner-occupant buyers and long-term investors: steady average price appreciation (up 4.3% year-over-year), a fast average sale pace (29 to 35 days), and a high list-to-sale ratio near 99.3% that suggests consistent demand.
As with any smaller, newer-construction neighborhood, the limited sales volume here (19 MLS transactions over 24 months) means an investor should weigh individual property fundamentals carefully rather than relying only on neighborhood-wide averages. Newer construction in a growing corridor of Northwest Topeka is generally a favorable long-term signal, but this isn't financial advice, and anyone considering an investment purchase should run their own numbers.
How does Sterling Chase compare to other Northwest Topeka neighborhoods?
Sterling Chase's average sold price of $451,241 places it above many established Topeka neighborhoods and generally in line with other newer NW Topeka communities. For comparison, see our reports on Westport and Hidden Valley, two other NW Topeka neighborhoods with their own distinct pricing and pace.
What sets Sterling Chase apart is its consistency: an entirely Ranch-style housing stock and a tight price-per-square-foot range ($233 to $245 across size tiers) that suggests a cohesive, newer-construction community rather than a mixed-vintage neighborhood.
How many homes sold in Sterling Chase recently, and what does that mean for timing?
Sterling Chase recorded 19 MLS sales over the past 24 months, plus 9 additional sales that closed before being fully processed through MLS (often a sign of off-market or pre-market activity in a desirable, newer community). Sales volume was higher in the August 2024–August 2025 window (12 sales) than in the most recent 12 months (7 sales).
With a smaller total sales count, there isn't a strong enough pattern in this data to call out a specific "best month" to sell. What the data does support is that well-priced homes are moving in under a month on average, so sellers don't need to time the calendar as much as they need to price accurately from day one.
Sterling Chase Market Overview
Over the past two years, Sterling Chase has recorded 19 arm's-length MLS sales, with an additional 9 sales that closed before being fully processed through MLS and are disclosed separately below. The average sold price across those 19 transactions is $451,241, with a median of $462,500 and a range spanning from $230,000 up to $612,500.
Homes here are moving at a healthy pace, averaging 35 days on market (median 29 days), and selling for an average of 99.3% of list price. Taken together, that points to a balanced market with a modest seller lean: demand is steady enough that accurately priced homes sell quickly and close to asking, but it isn't so aggressive that price reductions are rare or that homes are routinely going over asking.
Sterling Chase's defining characteristic in this dataset is its architectural consistency. Every recorded sale was a Ranch-style home, which is unusual for a Topeka neighborhood report and reflects the community's status as a relatively newer, single-builder-driven pocket of NW Topeka rather than an older, organically developed area.
Deeper Dive: Sterling Chase Pricing and Pace
Days on Market Analysis
Sterling Chase's average days on market (35) runs a bit higher than its median (29), which is the normal pattern when a small number of listings sit longer than the rest and pull the average upward. In this case, one home took 104 days to sell while several others closed in under two weeks, so the median gives a more realistic picture of the typical seller's experience.
For sellers, this means pricing at or near market value from the start is the single biggest lever for a fast sale. For buyers, it means there's rarely a large window of low competition to plan around. Homes priced right in Sterling Chase tend to go under contract within about a month.
Pricing Trends
The average list-to-sale ratio of 99.3% (median 99.1%) tells you that sellers are, on the whole, getting very close to their final asking price. But "final asking price" and "original asking price" aren't always the same number. 42.1% of sales in this dataset saw at least one price reduction before going under contract, averaging a $9,997 cut (about 2.5% off the original list price).
That combination, a high final list-to-sale ratio alongside a meaningful share of homes needing a price correction, is a classic signal of a market where buyers are price-disciplined. Homes that launch at the right number move fast and close near full price. Homes that launch too high sit longer and eventually adjust down to meet the market.
Average sold price rose 4.3% year-over-year, which reads as sustainable, incremental growth rather than a speculative run-up. That's a healthy pace for a neighborhood this size.
Year-Over-Year Snapshot (August 2025–August 2026 vs. August 2024–August 2025)
Comparing the two most recent 12-month periods anchored on the latest closing date in the data:
- Average sold price: $463,271 (August 2025–August 2026) vs. $444,223 (August 2024–August 2025), an increase of $19,048, or 4.3%
- Median sold price: $430,000 (August 2025–August 2026) vs. $482,047 (August 2024–August 2025), a decrease of $52,047, or 10.8%
- Sales volume: 7 sales (August 2025–August 2026) vs. 12 sales (August 2024–August 2025), a decrease of 5 transactions
The average and median moving in opposite directions is worth explaining rather than glossing over. It comes down to which specific homes happened to sell in each window, not a genuine reversal in neighborhood value. The August 2024–August 2025 period included several sales clustered in the $500,000 to $612,500 range. The most recent 12 months included two strong sales at $584,000 and $599,000, but also more transactions in the $355,000 to $430,000 range, which pulled the median down even as a couple of higher sales kept the average moving up. With only 7 to 12 sales per period, this kind of mix shift can swing the median noticeably from one year to the next without reflecting a real change in what any individual home is worth. The average, while also affected by small sample size, is the more stable benchmark here and the one we lead with throughout this report.
Sterling Chase's average sold price has grown 4.3% year-over-year, a pace consistent with sustainable, demand-driven appreciation rather than a speculative spike.
Seller Concessions
21.1% of Sterling Chase sales included a seller concession, averaging $3,834 among the transactions where one was offered. That's a modest share, and it lines up with the neighborhood's high list-to-sale ratio: most sellers here aren't needing to sweeten the deal to get a home sold. Where concessions did appear, they were concentrated on the higher end of the price range, which is common when a buyer needs help covering closing costs on a larger purchase.
Home Sizes and Pricing Tiers in Sterling Chase
Because every recorded Sterling Chase sale in this dataset was a Ranch-style home, a traditional home-style comparison table isn't meaningful here, there's simply one style to compare. Instead, here's how pricing and pace break down by above-grade square footage, which is the more useful comparison for a neighborhood this architecturally consistent.
| Size Tier (Above-Grade) | Homes Sold | Average Price | Median Price | Avg. Days on Market | List-to-Sale Ratio |
|---|---|---|---|---|---|
| Under 1,700 sq ft | 7 | $368,024 | $384,900 | 44 days | 99.0% |
| 1,700–1,999 sq ft | 7 | $453,343 | $440,000 | 27 days | 99.4% |
| 2,000+ sq ft | 5 | $564,800 | $584,000 | 33 days | 99.9% |
The largest homes, 2,000 square feet and up above grade, sold for an average of $564,800, approximately 24.6% more than the 1,700 to 1,999 square foot tier ($453,343) and 53.5% more than homes under 1,700 square feet ($368,024). That's a fairly linear relationship between size and price, which is what you'd expect in a neighborhood built to a consistent style and quality standard.
The largest homes also had the highest list-to-sale ratio, 99.9% on average, and moved reasonably fast at 33 days. The smallest homes took the longest to sell on average (44 days), though that figure is pulled up by one listing that sat 104 days, more typical entry-level homes in this tier moved faster. On a price-per-square-foot basis, the smallest homes actually ran slightly cheaper per foot ($233) than the mid and large tiers ($245 and $240 respectively), which suggests buyers are paying a modest premium for larger floor plans rather than getting a size discount.
With 5 to 7 sales per tier, these size-based comparisons are directional rather than statistically definitive. They're useful for understanding the general shape of the market, not for pricing an individual home to the dollar.
What the Sterling Chase Market Means for You
If You're Selling in Sterling Chase
Price it right from day one. With 42.1% of recent sales needing a price adjustment before finding a buyer, the data suggests overpricing is the most common misstep in this neighborhood, not underpricing. A home priced in line with recent comparable sales is likely to sell close to full price (average 99.3% of list) within about a month.
Since every comparable sale here is a Ranch, your pricing conversation should lean heavily on square footage and finish level rather than architectural style. Don't expect to need major concessions to close: only about 1 in 5 recent sales included one, and when they did, it was usually on higher-priced homes.
If You're Buying in Sterling Chase
Come in prepared to move. With a median of 29 days on market and homes closing at an average of 99.3% of list price, there isn't a lot of slack for a slow decision process on well-priced listings. Have financing squared away before you start touring.
That said, don't assume every home is priced right. Over 4 in 10 recent sales saw a price cut before closing, so if a listing has been sitting for a few weeks past the neighborhood's typical pace, there may be room to negotiate. Given the size-to-price relationship in this dataset, comparing homes on a price-per-square-foot basis within the same size tier is a more reliable gut check than comparing across the whole neighborhood.
Looking Ahead
Sterling Chase's fundamentals, steady average price growth, a fast average sale pace, and a high list-to-sale ratio, point to a stable, healthy market rather than one that's overheated or cooling off. The main thing to watch is sales volume, which dropped from 12 transactions to 7 across the two most recent 12-month periods. That's a small enough sample that it could reflect limited new listings coming to market as much as any shift in demand, but it's worth tracking as more sales data comes in.
Thinking About Buying or Selling in Sterling Chase?
Selling your Sterling Chase home? Team Ringgold can put together a free, no-pressure home valuation based on the most current comparable sales in your specific size and price tier. Request your Sterling Chase home value estimate.
Buying in Sterling Chase? We can walk you through current listings, recent comps, and what to expect on offer strategy in this market. Get in touch about Sterling Chase homes for sale.
Just have questions? No pressure, no obligation. Reach out to Team Ringgold at Keller Williams One Legacy Partners any time you want a straight answer about the Topeka market. Contact us.
Sterling Chase Structured Data Summary
- Neighborhood
- Sterling Chase
- City
- Topeka
- State
- Kansas
- Analysis Period
- September 2024 – August 2026
- Total Transactions (MLS Sold)
- 19
- Additional Off-Market Sales (Sold Before Process MLS, excluded from headline metrics)
- 9
- Average Sold Price
- $451,241
- Median Sold Price
- $462,500
- Minimum Sold Price
- $230,000
- Maximum Sold Price
- $612,500
- Average Days on Market
- 35 days
- Median Days on Market
- 29 days
- Average List-to-Sale Ratio
- 99.3%
- Median List-to-Sale Ratio
- 99.1%
- Average Price Per Square Foot (Above-Grade)
- $240
- Median Price Per Square Foot (Above-Grade)
- $240
- Share of Sales with a Price Reduction
- 42.1%
- Average Price Reduction Amount
- $9,997 (2.5% of original list price)
- Share of Sales with Seller Concessions
- 21.1%
- Average Seller Concession Amount
- $3,834
- Year-over-Year Comparison Period 1
- August 2024 – August 2025, 12 sales, average $444,223, median $482,047
- Year-over-Year Comparison Period 2
- August 2025 – August 2026, 7 sales, average $463,271, median $430,000
- Year-over-Year Average Price Change
- +$19,048 (+4.3%)
- Year-over-Year Median Price Change
- -$52,047 (-10.8%)
- Year-over-Year Sales Volume Change
- -5 transactions
- Home Style Distribution
- Ranch: 19 of 19 sales (100%)
- Size Tier Distribution
- Under 1,700 sq ft: 7 sales (36.8%), average $368,024; 1,700-1,999 sq ft: 7 sales (36.8%), average $453,343; 2,000+ sq ft: 5 sales (26.3%), average $564,800
- Market Characterization
- Balanced market with a slight seller lean: high list-to-sale ratio and fast average sale pace, offset by a meaningful share of listings requiring a price adjustment before selling
