Housing in Neola, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

$262,450

Price Per Sq Ft

$184

Days on Market

290

Active Inventory

3

Months of Supply

3.0

Seller's market

Zillow Home Value

$297,491

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 141.9%List Price 23.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
66.7%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Pending Sales

1

Homes Sold 0.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$184

Median List $/SF

$113

Sale $/SF 11.5%List $/SF 0.9%Mar 24Jan 26

Neola vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Neola 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

$166,400

Median Rent

$994

Total Housing Units

414

Vacancy Rate

0.7%

Owner Occupied

70.8%

Renter Occupied

29.2%

Median Property Tax

$2,619

per year

Monthly Cost (w/ Mortgage)

$965

Housing Types

Single Family
87.4%
Multi-Family
11.1%
Mobile Home
1.4%

The current median sale price in Neola, IA is $375,000 according to Redfin data. Homes spend a median of 290 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $184. The median rent is $994 per month (Census ACS). About 70.8% of housing units are owner-occupied. The median year homes were built is 1938. There are 414 total housing units.