Kansas Takes the Lead as the No. 1 Emerging Real Estate Market

Topeka, Kansas has been ranked as the No. 1 emerging real estate market in the U.S., according to the WSJ/Realtor.com Fall 2023 Emerging Housing Markets Index. The city's affordable housing and low cost of living make it an attractive option for homebuyers, with the typical home price in Topeka being 42% less than the national median. The Midwest region, including cities like Elkhart-Goshen, Oshkosh-Neenah, Fort Wayne, and Lafayette-West Lafayette, also made the top five. Prateek Ghatage, an infectious-disease physician, recently purchased his first home in Topeka and praised the city's easy pace of life and lower cost of living.