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Cheap Homes in Topeka, IN

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Topeka, IN Foreclosures

How much do homes sell for in Topeka, IN?
The average home price is currently $464,724.
In Topeka, IN, how many homes are available?
There are currently 1 active home listings available in Topeka.
What’s the average rental cost in Topeka, IN?
The average rental price in Topeka is $1,451.
What is the most expensive home in Topeka?
The most expensive home sold in Topeka had a price of $1,831,531.
What is currently the cheapest priced home in Topeka, IN?
The cheapest home for sale in Topeka is priced at $21,818.

Living in Topeka, IN

Topeka, Indiana, is a serene rural community defined by its strong family values and vibrant Amish heritage. Surrounded by pastoral landscapes, residents enjoy a peaceful lifestyle while having access to outdoor activities and local amenities. The town prides itself on its friendly atmosphere and supportive community.

Current Market Conditions in Topeka, IN

Topeka's real estate market shows signs of gradual improvement, reflecting a steady increase in property values over the last year. With its close-knit community and appealing rural setting, the demand for homes remains consistent. More families and individuals are seeking the tranquility of small-town life, further driving interest in the area.

The current market has seen a mix of both new constructions and existing homes. Buyers are attracted to the affordability of homes in Topeka compared to nearby urban areas, which has led to a competitive but manageable market for sellers.

Home Value Estimator For Topeka, IN

There are currently 1,427 real estate properties in Topeka, IN, with a median automated valuation model (AVM) price of $405,845.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Topeka, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Topeka, IN, is $464,724.00, with the most expensive house in Topeka, IN, topping out at $1,831,531.00 and the cheapest home in Topeka, IN, clocking in at $21,818.00. In other words, there’s something for every potential homebuyer or savvy investor in Topeka, IN!

Rent Prices In Topeka, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Topeka, IN, is on a rollercoaster ride. The average rent price in Topeka, IN, is $1,451.00. Indeed, when looking to rent in Topeka, IN, you can expect to pay as little as $720.00 or as much as $2,960.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Topeka, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Topeka, IN

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