Who’s Buying Homes in Topeka? The Data Reveals These 10 Cities!
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Who’s Buying Homes in Topeka? The Data Reveals These 10 Cities!

Who’s Buying Homes in Topeka? The Data Reveals These 10 Cities!

If you’ve been thinking about buying or selling a home in Topeka, you’ve probably noticed that housing inventory is still tighter than a jar of grandma’s homemade jam. Even as more homes hit the market nationwide, prices remain high, and buyers are getting creative in their search for the perfect home.

One big reason? Mortgage rates. 

With record-high mortgage rates, affordability is still a huge challenge. A simple one percentage point increase can tack on more than $100 to a monthly mortgage payment, making buyers think twice before signing on the dotted line. That’s led many house hunters to look outside major cities, seeking affordability and more bang for their buck. And guess what? Topeka is on their radar!

Where Are Our Future Topekans Coming From?

According to Realtor.com’s Cross-Market Demand Report, a lot of our future neighbors are scoping out homes right here in Topeka from other cities across the country. And it makes total sense! Our city offers a lower cost of living, strong job opportunities, and a great quality of life—not to mention that famous Midwestern hospitality.

What This Means for Topeka’s Housing Market

Even with more homes coming onto the market, Topeka is still dealing with low inventory, which means sellers are in a great position to get strong offers. Meanwhile, buyers are facing more competition—but they’re willing to move fast when they find the right home.If you’re thinking about selling, now is still a fantastic time to do so. Out-of-town buyers are eager to get into Topeka, and they’re often ready to act quickly when the right home pops up.

For buyers, patience and a solid strategy are key! Working with a knowledgeable real estate team (hey, we know a great one!) can help you navigate the competition and score your dream home.Thinking About Buying or Selling? Let’s Chat!

At Team Ringgold, we know Topeka’s real estate market inside and out. Whether you’re looking to make a move, curious about your home’s value, or just want to stay in the loop about market trends, we’ve got you covered!

Send us a message, give us a call, or let’s grab coffee—let’s make your real estate dreams happen!

2655 SW Wanamaker Rd
Topeka, KS 66614