Topeka houses in high demand and low supply. Experts offer solutions.

Nathan Law

Intense bidding wars, cash offers, sight-unseen purchases, homes on the market for less than 48 hours — that’s the reality right now for homebuyers in the Topeka area. National news in recent weeks has highlighted rising home prices, strong demand for real estate and a low inventory of houses for sale, and local […]

Intense bidding wars, cash offers, sight-unseen purchases, homes on the market for less than 48 hours — that’s the reality right now for homebuyers in the Topeka area.

National news in recent weeks has highlighted rising home prices, strong demand for real estate and a low inventory of houses for sale, and local markets aren’t immune.

In Shawnee County last month, homes sat on the market for a median of two days — down from a median of about eight days in April 2020. Such numbers are being fueled by a local shortage of homes for sale, and real estate professionals don’t see the light at the end of the tunnel.

“There’s a lot of demand. There’s just not a lot of inventory,” said Linda Briden, CEO of the Sunflower Association of Realtors.

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