South Topeka, Topeka, KS—66609
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in South Topeka, Topeka, KS
Home Price Trends — South Topeka, Topeka, KS
As of Oct '25, the median home price in South Topeka, Topeka, KS is $239,000, with a year-over-year change of 2.2%. This indicates that home prices in South Topeka, Topeka, KS are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 2.2% |
| Single Family | $240,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 1.9% |
3 Bed | $220,000 | 1.9% |
4 Bed | $307,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Topeka, Topeka, KS
As of July '25, Rentcast reports the average rent in South Topeka, Topeka, KS is $1,070, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in South Topeka, Topeka, KS is 3-bedrooms: $1,070. The most common rental property sizes in South Topeka, Topeka, KS are 1-bedroom and 3-bedroom, accounting for 27.7% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $830 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $830 | $1,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — South Topeka, Topeka, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in South Topeka, Topeka, KS is 51. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 6.0% |
Listing Count | 26 | 88.0% |
| Listings as % of Homes | 0.3% | 88.0% |
Days on Market | 51 | 10.0% |
Demographics — South Topeka, Topeka, KS
As of the latest ACS Survey released in 2023, South Topeka, Topeka, KS has a population of 7,910, which has increased by 10.0% over the past 5 years. South Topeka, Topeka, KS is a popular place for families, as children make up 27.6% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,910 | 10.0% |
% Under 18 | 27.6% | 19.5% |
% Seniors | 16.2% | 19.1% |
% WFH | 10.2% | 363.6% |
% w/ College Degree | 28.9% | 7.8% |
As of the latest ACS Survey released in 2023, South Topeka, Topeka, KS is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in South Topeka, Topeka, KS is hispanic, making up 15.5% of the population. Foreign-born residents account for 6.8% of the population in South Topeka, Topeka, KS, and this percentage has increased by 195.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -3.8% |
% Black | 9.2% | -23.3% |
% Hispanic | 15.5% | 59.8% |
% Asian | 0.7% | -53.3% |
% Foreign Born | 6.8% | 195.7% |
Mortgage and Risk — South Topeka, Topeka, KS
According to HUD data as of 2023, there were 165 mortgage originations in South Topeka, Topeka, KS, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in South Topeka, Topeka, KS. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 165 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — South Topeka, Topeka, KS
South Topeka, Topeka, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 58.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | $420 | $830 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — South Topeka, Topeka, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $239,000 |
| Median Household Income | $63,900 |