Iola, KS is a small town with a median housing value of $77,300. This price is much lower than the US median housing value of $338,100. Despite the lower cost of housing in Iola, KS compared to the national average there has been significant house appreciation in Iola in the last year at 10.51%, higher than the US national average of 8.27%. This trend reflects that Iola could be a great place for those looking for affordable homes with potential for lasting investments.
The median home cost in Iola is $77,300. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Iola is up 13.8%.
Average Age of Homes
- The median age of Iola real estate is 50 years old
The Rental Market in Iola
- Renters make up 34.7% of the Iola population
- 5.9% of houses and apartments in Iola, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.