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Indianola, IA Real Estate


According to census data in the year 2000 there were 4,973 housing units in Indianola. This represents a 15.5% growth from 4,304 in 1990.

Of those housing units, 4,961 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Indianola is about 66.1%. Indianola's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Indianola were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom11.80%
Two Bedrooms34.90%
Three Bedrooms36.30%
Four Bedrooms13.40%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1967
Median Value of occupied units$103,700
Median Price asked for vacant units$131,600

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1972
Median Monthly Rent asked for vacant units$480

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.50%
Home Equity Loan11.60%
Simple Mortgage49.80%
Debt Free29.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%