Housing in Indianola, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$320,000
Median List Price
$247,500
Price Per Sq Ft
$203
Days on Market
61
Active Inventory
44
Months of Supply
2.9
Seller's market
Zillow Home Value
$302,120
ZHVI — January 2026
Zillow Rent Index
$1,188
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
23.5%
Sale-to-List Ratio
96.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
15
New Listings
10
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$203
Median List $/SF
$210
Indianola vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Indianola is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$228,100
Median Rent
$966
Total Housing Units
6,460
Vacancy Rate
7.0%
Owner Occupied
69.5%
Renter Occupied
30.5%
Median Property Tax
$3,741
per year
Monthly Cost (w/ Mortgage)
$1,325
Housing Types
The current median sale price in Indianola, IA is $320,000 according to Redfin data. Homes spend a median of 61 days on the market. 0.0% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $203. Zillow's observed rent index is $1,188/month. About 69.5% of housing units are owner-occupied. The median year homes were built is 1980. There are 6,460 total housing units.