Housing in Indianola, MS

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$175,250

Median List Price

$179,500

Price Per Sq Ft

$99

Days on Market

98

Active Inventory

23

Months of Supply

11.5

Buyer's market

Zillow Home Value

$93,990

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 84.5%List Price 39.1%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

103.3%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
8.7%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

5

Pending Sales

2

Homes Sold 33.3%New Listings 66.7%Pending 0.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$99

Median List $/SF

$85

Sale $/SF 106.3%List $/SF 9.0%Apr 24Jan 26

Indianola vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 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

$119,100

Median Rent

$763

Total Housing Units

3,970

Vacancy Rate

12.9%

Owner Occupied

54.2%

Renter Occupied

45.8%

Median Property Tax

$903

per year

Monthly Cost (w/ Mortgage)

$623

Housing Types

Single Family
79.9%
Multi-Family
19.5%
Mobile Home
0.7%

The current median sale price in Indianola, MS is $175,250 according to Redfin data. Homes spend a median of 98 days on the market. 100.0% of homes sold above asking price. The market has 11.5 months of supply. The median price per square foot is $99. The median rent is $763 per month (Census ACS). About 54.2% of housing units are owner-occupied. The median year homes were built is 1972. There are 3,970 total housing units.