Topeka, IN housing market
The typical Topeka home is worth about $418,000, up 9.8% in a year, 61% above the Indiana typical home.
Home values, sales, trends and how Topeka compares with the towns next door — updated as new data is published.
Topeka at a glance
Typical home value, 2016–2026
Show as a table
| January | Topeka | Indiana |
|---|---|---|
| 2017 | $226,000 | $135,000 |
| 2018 | $239,000 | $144,000 |
| 2019 | $254,000 | $154,000 |
| 2020 | $275,000 | $164,000 |
| 2021 | $298,000 | $183,000 |
| 2022 | $340,000 | $209,000 |
| 2023 | $350,000 | $227,000 |
| 2024 | $353,000 | $237,000 |
| 2025 | $372,000 | $249,000 |
| 2026 | $399,000 | $256,000 |
| August 2026 | $418,000 | $260,000 |
6.6 years of income
The typical Topeka home costs about 6.6 years of the town's median household income, more than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,050
HUD's Fair Market Rent for a two-bedroom in Topeka is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Topeka pay a median of $916, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $790 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46571; LaGrange County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.