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Featured local agent — Indianola, MS
Sarah Mitchell
Compass Real Estate · Indianola, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Indianola, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$74,800median sale price
How is the Indianola, MS housing market right now?
The median home sale price in Indianola, MS is $74,800, up 1167.8% year-over-year. Homes sell in an average of 264 days with 15 active listings. The market is currently a buyer'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, MS is currently a buyer's market, based on 7.5 months of supply and homes selling in about 264 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
264
Average pace
Active listings
15
7.5 months supply
Sale-to-list
90.0%
Below asking
What does the Indianola housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $74,800 |
| Median list price | $127,375 |
| Year-over-year price change | +1167.8% |
| Average days on market | 264 days |
| Active inventory | 15 listings |
| Months of supply | 7.5 months |
| Sale-to-list price ratio | 90.0% |
| Median price per sq ft | $53/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 13.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Indianola by property type?
How the Indianola, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $74,800 | $53/sq ft | 2 | 264 days |
Source: Redfin · Updated monthly
The Indianola housing market is currently classified as a buyer's market with a median sale price of $74,800. Prices have risen 1167.8% compared to last year, with homes spending an average of 264 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Homes for sale in Indianola
There are currently 15 homes listed for sale in Indianola, Mississippi. The median listing price is $127K.
Active listings
15
Homes on market
Median list price
$127K
Avg. days on market
264
Days until sale
New this week
4
Newly listed
Who lives in Indianola?
Population
9,360
Median income
$39,275/yr
Median age
35.4 years
Owner-occupied
54.2%
College grads
24.2%
Avg commute
18.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Indianola?
Zillow home value
$85,279
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Indianola?
Indianola is a community of approximately 9K residents with a median age of 35.4 years.The median household income is $39,275, which represents a working-class community with solid middle-income opportunities. 24.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.2%, showing a blend of owner and renter-occupied properties. The average commute time is 18.5 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 · 1,520 students
The largest public schools serving Indianola, MS 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.
GENTRY HIGH SCHOOL
Grades 10-12 · 505 students
LOCKARD ELEMENTARY SCHOOL
Grades K-3 · 382 students
ROBERT L MERRITT JUNIOR HIGH SCHOOL
Grades 7-9 · 376 students
CARVER ELEMENTARY SCHOOL
Grades 4-6 · 257 students
INDIANOLA ACADEMIC ACHIEVEMENT
Grades K-12
INDIANOLA CAREER & TECH CENTER
Grades 10-12
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, MS?
Want a head-to-head view? Compare Indianola side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Indianola?
The median home sale price in Indianola is $74,800, up 1167.8% from last year.
How long do homes stay on market in Indianola?
Homes typically spend 264 days on market before going under contract.
What is the median income in Indianola?
The median household income is $39,275 per year.
Is Indianola a buyer's or seller's market?
With 7.5 months of supply, Indianola is currently a buyer's market.
What is the Zillow home value estimate for Indianola?
The Zillow Home Value Index (ZHVI) for Indianola is $85,279, representing the typical home value in the area.
How much does a single-family home cost in Indianola?
The median single-family home price in Indianola, MS is $74,800 (about $53 per square foot).
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