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Featured local agent — Indianola, IA
Sarah Mitchell
Compass Real Estate · Indianola, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Indianola, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$300,000median sale price
How is the Indianola, IA housing market right now?
The median home sale price in Indianola, IA is $300,000, up 1.7% year-over-year. Homes sell in an average of 19 days with 38 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Indianola a buyer's or seller's market?
Indianola, IA is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
19
Fast-moving
Active listings
38
1.2 months supply
Sale-to-list
100.5%
Above asking
What does the Indianola housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $300,000 |
| Median list price | $332,450 |
| Year-over-year price change | +1.7% |
| Average days on market | 19 days |
| Active inventory | 38 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $210/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 24 |
| Listings with a price cut | 34.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Indianola by property type?
How the Indianola, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $210/sq ft | 29 | 24 days |
| Condo / Co-op | $309,950 | $242/sq ft | 2 | 10 days |
Source: Redfin · Updated monthly
The Indianola housing market is currently classified as a strong seller's market with a median sale price of $300,000. Prices have risen 1.7% compared to last year, with homes spending an average of 19 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Indianola
There are currently 38 homes listed for sale in Indianola, Iowa. The median listing price is $332K.
Active listings
38
Homes on market
Median list price
$332K
Avg. days on market
19
Days until sale
New this week
24
Newly listed
Who lives in Indianola?
Population
15,918
Median income
$78,125/yr
Median age
35.2 years
Owner-occupied
69.5%
College grads
33.5%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Indianola?
Zillow home value
$317,949
Zillow rent index
$1,382/mo
Price-to-rent ratio
19.2x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Indianola?
Indianola is a community of approximately 16K residents with a median age of 35.2 years.The median household income is $78,125, which reflects a relatively affluent area with strong earning potential. 33.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Indianola offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Indianola?
6 schools tracked · 3,634 students
The largest public schools serving Indianola, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Indianola High School
Grades 9-12 · 1,139 students
Indianola Middle School
Grades 6-8 · 820 students
Wilder Elementary School
Grades K-5 · 471 students
Emerson Elementary School
Grades K-5 · 415 students
Whittier Elementary School
Grades PK-5 · 397 students
Irving Elementary School
Grades K-5 · 392 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Indianola, IA?
Want a head-to-head view? Compare Indianola side-by-side with any other U.S. city using our market-comparison tool.
Is Indianola a good real estate investment market?
For investors evaluating Indianola, the price-to-rent ratio of 19.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Indianola's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Indianola's median home price.
Frequently asked questions
What is the average home price in Indianola?
The median home sale price in Indianola is $300,000, up 1.7% from last year.
How long do homes stay on market in Indianola?
Homes typically spend 19 days on market before going under contract.
What is the median income in Indianola?
The median household income is $78,125 per year.
Is Indianola a buyer's or seller's market?
With 1.2 months of supply, Indianola is currently a strong seller's market.
What is the Zillow home value estimate for Indianola?
The Zillow Home Value Index (ZHVI) for Indianola is $317,949, representing the typical home value in the area.
What is the median condo price in Indianola?
The median condo/co-op sale price in Indianola, IA is $309,950, compared to $300,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Indianola?
The median single-family home price in Indianola, IA is $300,000 (about $210 per square foot).
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