Oakland, Topeka, KS—66616
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakland, Topeka, KS
As of Oct '25, the median home price in Oakland, Topeka, KS is $102,000, with a year-over-year change of 8.8%. This indicates that home prices in Oakland, Topeka, KS are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $102,000 | 8.8% |
| Single Family | $102,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $58,000 | 1.8% |
2 Bed | $94,000 | 8.0% |
3 Bed | $118,000 | 5.4% |
4 Bed | $129,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakland, Topeka, KS
As of July '25, Rentcast reports the average rent in Oakland, Topeka, KS is $964, with a year-over-year rent change of 15.3%. Per bedroom, the median rent as of July '25 in Oakland, Topeka, KS is studios: $575, 1-bedrooms: $775, 2-bedrooms: $941, 3-bedrooms: $1,320. The most common rental property sizes in Oakland, Topeka, KS are 2-bedroom and 3-bedroom, accounting for 44.2% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $964 |
| Studio Rent | $575 | $575 |
| 1 Bed Rent | $799 | $775 |
| 2 Bed Rent | $900 | $941 |
| 3 Bed Rent | $1,300 | $1,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oakland, Topeka, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakland, Topeka, KS is 32. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $120,000 | 10.0% |
Listing Count | 20 | 6.0% |
| Listings as % of Homes | 0.2% | 6.0% |
Days on Market | 32 | -19.0% |
Demographics — Oakland, Topeka, KS
As of the latest ACS Survey released in 2023, Oakland, Topeka, KS has a population of 6,060, which has increased by 11.2% over the past 5 years. Oakland, Topeka, KS is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,060 | 11.2% |
% Under 18 | 21.1% | -8.7% |
% Seniors | 14.9% | -4.5% |
% WFH | 9.2% | 240.7% |
% w/ College Degree | 15.9% | 76.7% |
As of the latest ACS Survey released in 2023, Oakland, Topeka, KS is a predominantly white area, with 54.7% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Oakland, Topeka, KS is hispanic, making up 32.5% of the population. Foreign-born residents account for 2.1% of the population in Oakland, Topeka, KS, and this percentage has decreased by 44.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.7% | -6.7% |
% Black | 6.4% | -15.8% |
% Hispanic | 32.5% | 7.6% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 2.1% | -44.7% |
Mortgage and Risk — Oakland, Topeka, KS
According to HUD data as of 2023, there were 85 mortgage originations in Oakland, Topeka, KS, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Oakland, Topeka, KS. Investor activity is low, as 11.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oakland, Topeka, KS
Oakland, Topeka, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 73.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$69 | $799 | $730 |
| 2 Bedroom | $60 | $900 | $960 |
| 3 Bedroom | -$50 | $1,300 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Oakland, Topeka, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $102,000 |
| Median Household Income | $50,800 |