Shawnee County September 2026 Housing Market Update
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Shawnee County Home Sales Dip Slightly in September
The Shawnee County housing market saw a modest decline in home sales during September, with 204 homes sold in September 2026, compared to 209 homes sold in September 2025. That represents a 2.4% decrease in closed sales from the same month last year.
Despite the slight decline in the number of homes sold, total sales volume increased to $51.7 million, showing continued strength in local home values and overall transaction activity.
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Home Prices Continue to Climb
The median sale price in September was $234,000, up from $200,000 in September 2025. That's a 17% increase in the median sale price compared to the same month last year.
The increase in home values is an important part of the September market story. While the number of completed sales was slightly lower, the homes that did sell continued to command strong prices.
Homes that sold in September were typically on the market for 8 days and sold for 100.0% of their list price.
For sellers, receiving 100% of list price on average continues to show that buyers are willing to pay full asking price for homes that are priced appropriately for current market conditions.
Active Listings Continue to Give Buyers More Choices
Inventory continued to increase across Shawnee County during September. At the end of the month, there were 341 active homes listed for sale, compared to 305 active listings at the same point in 2025.
That represents an increase of nearly 12% in available inventory compared to last year.
The current inventory represents approximately 1.8 months of housing supply, giving buyers more options while the overall market remains below the level typically associated with a balanced market.
The median list price of homes actively on the market at the end of September was $249,925.
More inventory gives buyers additional choices, but homes that are priced well and offer what buyers are looking for can still attract attention and move relatively quickly.
Contract Activity Slows in September
New contract activity declined more noticeably in September. A total of 137 contracts were written, down from 193 contracts in September 2025.
That's a decrease of approximately 29% in new contracts written compared to the same month last year.
At the end of September, there were 163 contracts still pending, meaning buyers and sellers continued to have transactions moving through the closing process even as new contract activity slowed.
What This Means for Buyers and Sellers in Topeka
For sellers, September continued to provide some positive signals. The median sale price increased significantly compared to last year, homes that sold received 100% of list price on average, and demand remains present for properties that are priced appropriately and presented well.
At the same time, sellers are competing with more available inventory than they were a year ago. With 341 active listings at the end of September, pricing and presentation remain important when trying to stand out among the available homes.
For buyers, the increase in inventory provides more opportunities than were available at this time last year. Buyers now have more homes to compare, while the 1.8 months of supply indicates that the market remains relatively tight.
The slower pace of new contracts may also give some buyers a little more time to evaluate their options. However, desirable homes can still attract strong interest, so buyers should be prepared to act when they find the right property.
Thinking About Buying or Selling in Shawnee County?
The Shawnee County real estate market continued to show a mix of changing conditions in September. Closed sales were slightly lower than last year, while median home prices increased significantly and inventory continued to grow.
With 341 active listings, 1.8 months of housing supply, a $234,000 median sale price, and homes selling for 100% of list price on average, the local market continues to offer opportunities for both buyers and sellers.
Whether you're buying your first home, selling your current property, investing in real estate, or simply keeping up with local market trends, Team Ringgold is here to provide local knowledge and experience to help you make informed decisions.
If you're planning to buy, sell, or simply want to better understand today's Topeka housing market, our team is ready to help.
Talk to Team RinggoldFrequently Asked Questions
Is Now a Good Time to Buy a Home in Topeka?
For many buyers, the answer depends on their individual situation, but September's market provided some encouraging signs. Shawnee County had 341 active listings at the end of September, up from 305 a year earlier, giving buyers more homes to choose from.
With 1.8 months of housing supply, the market remains competitive, but the increase in inventory gives buyers more opportunities to compare homes and find the right fit.
Is It Still a Seller's Market in Shawnee County?
Shawnee County remains a relatively tight housing market, with just 1.8 months of housing supply at the end of September. While inventory has increased compared to last year, it remains below the four to six months of supply often associated with a more balanced market.
Homes that sold in September received 100% of their list price on average, while the median sale price increased to $234,000, showing continued strength in home values.
Why Are Home Prices Rising if Fewer Homes Are Selling?
The number of homes sold and the price of homes are influenced by different factors. In September 2026, 204 homes sold, slightly fewer than the 209 homes sold during September 2025. At the same time, the median sale price increased from $200,000 to $234,000.
Limited inventory, buyer demand, and the types of homes that are selling can all influence median prices. A decline in total sales does not automatically mean home values will decline.
How Is the Topeka Real Estate Market Different Than the National Market?
Real estate is highly local. National housing headlines can provide a broad picture of what's happening across the country, but local conditions can vary significantly from one market to another.
In Shawnee County, September's data showed rising home values, increased inventory, and homes selling for 100% of list price on average. Looking at local data can give buyers and sellers a much clearer picture of what's happening in the Topeka housing market.
Where Can I Find the Latest Shawnee County Housing Market Updates?
Team Ringgold publishes monthly Shawnee County housing market reports covering home sales, median prices, inventory, days on market, contracts, and other local real estate trends.
Whether you're buying, selling, investing, or simply watching the market, following local housing data can help you better understand the conditions affecting Topeka-area real estate.
