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Indianola, IA

Full City Profile · Iowa · Warren County County

3.5 /5.0
B+ Good
15,918 Population 1,391/sq mi density
$78,125 Median Income $36,388 per capita
$228,100 Home Value $304,044 Zillow
$966 Median Rent 28.6% income on rent
50°F Avg Temperature 275 sunny days/yr
708 Violent Crime/100K 1,946 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,125 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$228,100 home value, $966/mo rent
F
Safety
1.0 / 5.0
708 violent crimes/100K (86% above avg)
B+
Education
3.7 / 5.0
33.5% bachelor's degree or higher

Housing Overview

Median Home Value
$228,100
19% below
US avg: $281,900
Median Rent
$966/mo
17% below
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
6,375
Median year built: 1978

Home Value by Source

Census Median
$228,100
Zillow (ZHVI)
$304,044
Median Sale Price
$264,500
Median List Price
$280,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.5%
Owner-Occupied
30.5%
Renter-Occupied
70%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $966/mo

Market Indicators (Redfin)

Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
20.4%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
49
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
69.5%

Complete Housing Data

Home Values

Census Median Value$228,100
Zillow Home Value (ZHVI)$304,044
Median Sale Price$264,500
Median List Price$280,000
Price Per Sq Ft$169

Rent

Census Median Rent$966
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market112
Sale-to-List Ratio1.0%
Price Drops20.4%
Homes Sold10
Active Inventory49
Price Per Sq Ft$169

Ownership & Stock

Owner-Occupied69.5%
Renter-Occupied30.5%
Homeownership Rate69.5%
Total Housing Units6,375
Median Year Built1978
Rent Burden28.6%