Indianola—77982
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Indianola
As of Nov '25, the median home price in Indianola is $338,000, with a year-over-year change of -3.1%. This indicates that home prices in Indianola are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | -3.1% |
| Single Family | $337,000 | -4.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Indianola
Indianola lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
No data available
Property Listings — Indianola
As of Nov '25, Realtor.com reports that the median days on market for a home in Indianola is 124. This is a decrease of -5.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | -13.0% |
Listing Count | 73 | 46.0% |
| Listings as % of Homes | 2.6% | 46.0% |
Days on Market | 124 | -5.0% |
Demographics — Indianola
As of the latest ACS Survey released in 2023, Indianola has a population of 698, which has decreased by -28.1% over the past 5 years. Indianola is a less popular place for families, as children make up 4.7% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 698 | -28.1% |
% Under 18 | 4.7% | -80.5% |
% Seniors | 60.3% | 163.3% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 18.1% | 1.1% |
As of the latest ACS Survey released in 2023, Indianola is a predominantly white area, with 97.1% of the population identifying as white. The white population has grown by 47.8% in the last 5 years. The second most common race or ethnicity in Indianola is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.7% of the population in Indianola, and this percentage has increased by 440.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.1% | 47.8% |
% Black | 0.1% | ∞% |
% Hispanic | 2.7% | -90.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.7% | 440.0% |
Mortgage and Risk — Indianola
According to HUD data as of 2023, there were 34 mortgage originations in Indianola, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Indianola. Investor activity is high, as 18.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 18.0% |
% Second Loans | 35.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Indianola
Indianola lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | N/A | N/A | $1,190 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Indianola
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $338,000 |
| Median Household Income | $81,900 |