Indianola—77982

As of Aug '25, the median home price in Indianola is $345,000, with a year-over-year change of -1.7%. This indicates that home prices in Indianola are decreasing. According to Zillow, the 1-year price projection is -3.0%, suggesting a decrease housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Indianola is 140. This is an increase of 18.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Indianola in that year was 34. 91.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 80.0%. Of those, 18.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Indianola. Investor activity in Indianola is high, as 18.0% of all loans are originated by investors. In 2023, 12.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.