According to the National Association of REALTORS®, Kansas has seen a 51.1% increase in home prices since the 1st quarter of 2020. While that’s an impressive number, I initially thought it didn’t fully reflect our local market in Topeka, as cities like Kansas City and Wichita tend to skew the data.
In Shawnee County, the average sales price for a home in Q1 2020 was $143,850, and by the end of 2024, it rose to $216,719—a 50.7% increase!
The takeaway? It was an opportune time to buy a home to benefit from property appreciation in 2020. The second-best time is NOW! Don’t wait to invest in your future—let’s talk about how Team Ringgold can help you make the most of this incredible market.
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