Metro area index
Home appreciation in the Topeka, KS metro area
FHFA HPI® data shows the Topeka, KS metro area's all-transactions index changed +5.6% over the year to Q2 2026, versus +3.8% for Kansas and +3.0% for the U.S. That ranks 77th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +5.6%
- 5-year change
- +47.6%
- Since Q1 1995
- +219%
- Metro rank (1 year)
- 77th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Topeka, KS vs Kansas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Topeka, KS: 319.3
- Kansas: 347.0
- United States: 391.6
Appreciation by time window
| Window | Metro | KS | U.S. | Gap vs KS | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.6% | +3.8% | +3.0% | +1.8 pts | +2.6 pts |
| 3 years | +17.8% | +15.6% | +12.9% | +2.2 pts | +4.9 pts |
| 5 years | +47.6% | +42.6% | +41.3% | +5.0 pts | +6.3 pts |
| 10 years | +92.4% | +89.8% | +93.3% | +2.6 pts | −0.9 pts |
| Since Q1 1995 | +219% | +247% | +292% | −27.6 pts | −72.2 pts |
3-digit ZIP regions in the Topeka, KS area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 666 · Topeka, KS area | KS | +4.4% | +45.6% | +206% | 100% |
| 664 · Junction City, KS area | KS | +5.6% | +47.6% | +219% | 31% |
| 665 · Manhattan, KS area | KS | +4.7% | +38.9% | +236% | 22% |
Boom, bust, and recovery in Topeka, KS area
Topeka, KS area's index peaked in Q1 2008, fell 5.2% to its low in Q2 2011, and regained its peak in Q4 2015, about 7.8 years after the top. Today it sits +94.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q2 2011 | -5.2% | Q4 2015 (7.8 yrs) | +94.8% |
| KS | Q1 2008 | Q2 2011 | -5.0% | Q3 2014 (6.5 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Topeka, KS area's index has changed +44.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | KS after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +1.7% | -0.1% | -0.8% |
| 3 years | +9.8% | +7.3% | +5.3% | +2.8% |
| 5 years | +24.0% | +19.0% | +15.0% | +13.9% |
| 10 years | +39.1% | +38.3% | +36.5% | +39.0% |
| Since Q1 1995 | +121% | +44.2% | +56.7% | +76.8% |
If you bought in the Topeka, KS area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +209% | $926,698 |
| Q2 2000 | +163% | $789,534 |
| Q2 2005 | +106% | $618,596 |
| Q2 2010 | +102% | $605,728 |
| Q2 2015 | +96.6% | $589,914 |
| Q2 2020 | +66.2% | $498,683 |
| Q2 2021 | +47.6% | $442,687 |
| Q2 2023 | +17.8% | $353,383 |
| Q2 2025 | +5.6% | $316,889 |
Frequently asked questions
- How much have home prices risen in the Topeka, KS area?
- FHFA HPI® data for the Topeka, KS metro area shows changes of +5.6% over one year, +47.6% over five years, and +92.4% over ten years to Q2 2026, and +219% since Q1 1995.
- Is the Topeka, KS area beating the national average?
- Over the past year the metro's index moved +2.6 pts versus the U.S.; over five years the gap is +6.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.