Central Highland Park, Topeka, KS66611

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$155,000
1.6% YoY Growth
Median Household Income
$54,600
14.3% 5-Year Growth
Days on Market
35
31.0% Longer than last year
Home Price Forecast
2.2%
Median Rent
$995
9.4% YoY Growth
1-Bed Rent
$675
5.2% YoY Growth
2-Bed Rent
$850
12.4% YoY Growth
3-Bed Rent
$1,320
7.5% YoY Growth

Property Listings — Central Highland Park, Topeka, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Central Highland Park, Topeka, KS is 35. This is a increase of 31.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$221,000-12.0%
Listing Count
263.0%
Listings as % of Homes0.6%3.0%
Days on Market
3531.0%
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Demographics — Central Highland Park, Topeka, KS

As of the latest ACS Survey released in 2023, Central Highland Park, Topeka, KS has a population of 9,910, which has decreased by -1.6% over the past 5 years. Central Highland Park, Topeka, KS is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,910-1.6%
% Under 18
26.4%47.5%
% Seniors
21.6%3.3%
% WFH
11.5%310.7%
% w/ College Degree
32.3%-7.4%
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As of the latest ACS Survey released in 2023, Central Highland Park, Topeka, KS is a predominantly white area, with 63.7% of the population identifying as white. The white population has shrunk by 17.2% in the last 5 years. The second most common race or ethnicity in Central Highland Park, Topeka, KS is hispanic, making up 12.9% of the population. Foreign-born residents account for 3.9% of the population in Central Highland Park, Topeka, KS, and this percentage has decreased by 30.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
63.7%-17.2%
% Black
12.2%48.8%
% Hispanic
12.9%16.2%
% Asian
0.8%-50.0%
% Foreign Born
3.9%-30.4%
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Mortgage and Risk — Central Highland Park, Topeka, KS

According to HUD data as of 2023, there were 185 mortgage originations in Central Highland Park, Topeka, KS, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Central Highland Park, Topeka, KS. Investor activity is low, as 13.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
185
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
13.0%
% Second Loans
1.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Central Highland Park, Topeka, KS

As of 2024, the percent of homes in Central Highland Park, Topeka, KS under the Section 8 program is 3.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Central Highland Park, Topeka, KS, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
69
Total Units Section 8
69
% Rentals under Section 8
3.5%
% Occupied Section 8
58.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$85$675$760
2 Bedroom$140$850$990
3 Bedroom-$30$1,320$1,290
4 Bedroom-$540$1,900$1,360

Affordability — Central Highland Park, Topeka, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$155,000
Median Household Income$54,600

Central Highland Park, Topeka, KS — ZIP Code Boundary Map

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Frequently Asked Questions