The story of this market
The typical home in ZIP 66606 sells for about $139,423, or $112 per square foot.
Prices are roughly flat from a year ago (-0.1%), a market in balance. Homes take about 8 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $999 a month.
ZIP 66606 — Topeka
The 66606 housing market is characterized by stable, modest pricing and a high share of rental properties. Market conditions are driven by the area's affordability relative to the broader region, though high vacancy rates suggest a need for careful investor due diligence.
This ZIP is well-suited for budget-conscious buyers and experienced investors who can manage the maintenance needs of older housing stock, rather than those seeking new-build luxury.
Median prices moved down 0.1% year over year.
Homes spend a median of 8 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 66606, Shawnee County KS
Crime trends in the area are generally consistent with broader Topeka patterns, with property crime remaining the primary concern for residents compared to regional averages.
Schools serving the area are part of the Topeka Public Schools district, which provides a range of educational options with varying performance ratings across the ZIP.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional tornado activity, with flood risk concentrated near local drainage basins.
Economic momentum is driven by the state capital's government sector, healthcare, and education, with steady but modest infrastructure maintenance and infill development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kansas) — Kansas Residential Property Tax: Annual tax bill calculated as: (Appraised Fair Market Value * 11.5% Assessment Rate) * (Mill Levy / 1,000). The mill levy is the combined tax rate set by local taxing jurisdictions.
Residents benefit from proximity to downtown Topeka, with most commutes to the employment core taking under 20 minutes via local arterial roads.
The area features several local parks and is within a short drive of major shopping districts and recreational facilities along the Kansas River corridor.
The rental market shows a vacancy rate of approximately 12.2%, indicating a competitive environment for landlords and a need for active management.
The economy is anchored by state government operations, healthcare systems like Stormont Vail, and educational institutions.
The area is served by a network of arterial roads and public bus transit provided by Topeka Metro.
Development is largely focused on urban infill and the modernization of existing commercial corridors.
The Shawnee County Appraiser's Office conducts annual market value assessments for all residential parcels.
Parcels are subject to levies from the Topeka Public Schools district and various municipal utility districts.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks.
Net domestic migration in Kansas has remained relatively stable with modest shifts toward urban centers.
Kansas is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- West Ridge Lanes Family Fun4.22.7 mi
- Sky Zone Trampoline Park4.33 mi
- Bonkers Topeka4.12.6 mi
- Prairie Band Casino & Resort4.217.6 mi
- Stormont Vail Events Center4.32.8 mi
- The Pennant4.42.8 mi
- Golden Corral Buffet & Grill4.12.6 mi
- Iron Rail Brewing4.42.8 mi
- Topeka Zoo4.30.4 mi
- Kansas State Capitol Visitor Center4.72.6 mi
- The Pennant4.42.8 mi
- Lake Shawnee4.76.8 mi
- B&B Theatres Topeka Wheatfield 94.53.3 mi
- Lake Shawnee4.76.8 mi
- Brown v. Board of Education National Historical Park4.83 mi
- Gage Park4.60.5 mi
- Ted Ensley Gardens4.86.4 mi
- Ward-Meade Park4.72.3 mi
- Lake Perry Yacht & Marina4.617.3 mi
- Rock Creek Marina & Resort- Boat Rentals & Cabins4.514.6 mi
- West Ridge Mall3.63 mi
- Hy-Vee Grocery Store4.44 mi
- Ross Dress for Less4.22.8 mi
- Dillons4.22.6 mi
- T.J. Maxx4.33 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional park featuring the Topeka Zoo and extensive green space.
Historic government center located nearby in the city core.
Primary retail hub serving the broader Topeka area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.