Indianola, IA Housing Market & Real Estate

Leaning buyer's-2.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Indianola, IA is $264,500, down 2.6% year-over-year. Homes sell in an average of 112 days with 49 active listings. The market is currently a leaning buyer's.

$264,500median sale price

Is Indianola a buyer's or seller's market?

Leaning buyer's4.9 months of supply112 avg. days on market

Indianola, IA is currently a leaning buyer's, based on 4.9 months of supply and homes selling in about 112 days. How we determine this →

Homes sold

10

Last 12 weeks

Days on market

112

Average pace

Active listings

49

4.9 months supply

Sale-to-list

97.7%

Below asking

Indianola, IA market data

Current housing market statistics for Indianola, IA
MetricValue
Median sale price$264,500
Median list price$280,000
Year-over-year price change-2.6%
Average days on market112 days
Active inventory49 listings
Months of supply4.9 months
Sale-to-list price ratio97.7%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Indianola housing market is currently classified as a leaning buyer's with a median sale price of $264,500. Prices have fallen 2.6% compared to last year, with homes spending an average of 112 days on market, indicating 4.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Indianola

There are currently 49 homes listed for sale in Indianola, Iowa. The median listing price is $280K.

Active listings

49

Homes on market

Median list price

$280K

Avg. days on market

112

Days until sale

New this week

26

Newly listed

Price drops:20.4%of listings
Sale-to-list:97.7%

Top public schools in 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

Public

Indianola Middle School

Grades 6-8 · 820 students

Public

Wilder Elementary School

Grades K-5 · 471 students

Public

Emerson Elementary School

Grades K-5 · 415 students

Public

Whittier Elementary School

Grades PK-5 · 397 students

Public

Irving Elementary School

Grades K-5 · 392 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IA

Frequently asked questions

What is the average home price in Indianola?

The median home sale price in Indianola is $264,500, down 2.6% from last year.

How long do homes stay on market in Indianola?

Homes typically spend 112 days on market before going under contract.

Is Indianola a buyer's or seller's market?

With 4.9 months of supply, Indianola is currently a leaning buyer's.

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