Iola, WI—54945
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Iola, WI
Iola, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 3.9% |
| Single Family | $270,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $283,000 | 5.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Iola, WI
As of July '25, Rentcast reports the average rent in Iola, WI is $984, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in Iola, WI is 1-bedrooms: $853, 2-bedrooms: $1,050. The most common rental property sizes in Iola, WI are 2-bedroom and 1-bedroom, accounting for 59.8% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $984 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $853 | $853 |
| 2 Bed Rent | $950 | $1,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Iola, WI
As of Nov '25, Realtor.com reports that the median days on market for a home in Iola, WI is 68. This is a decrease of -35.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | -36.0% |
Listing Count | 27 | 142.0% |
| Listings as % of Homes | 0.5% | 142.0% |
Days on Market | 68 | -35.0% |
Demographics — Iola, WI
As of the latest ACS Survey released in 2023, Iola, WI has a population of 3,410, which has increased by 2.5% over the past 5 years. Iola, WI is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,410 | 2.5% |
% Under 18 | 20.1% | 16.2% |
% Seniors | 23.3% | -6.8% |
% WFH | 6.3% | -10.0% |
% w/ College Degree | 18.6% | -11.8% |
As of the latest ACS Survey released in 2023, Iola, WI is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Iola, WI is hispanic, making up 3.6% of the population. Foreign-born residents account for 1.4% of the population in Iola, WI, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.0% | -5.0% |
% Black | 0.7% | 600.0% |
% Hispanic | 3.6% | 200.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 1.4% | 0.0% |
Mortgage and Risk — Iola, WI
According to HUD data as of 2023, there were 88 mortgage originations in Iola, WI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Iola, WI. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 18.0% |
Rentals and Section 8 — Iola, WI
Iola, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$83 | $853 | $770 |
| 2 Bedroom | -$20 | $950 | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Iola, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $270,000 |
| Median Household Income | $67,300 |