Multi-family Foreclosures in Iola, KS

Current Market Conditions in Iola, KS

Iola has recently seen a stable real estate market, with home prices maintaining a consistent trend over the last six months. The demand for homes in this area is driven primarily by families seeking affordable housing options and retirees looking for a serene environment. The availability of homes ranges from quaint historic properties to newly constructed houses, catering to diverse buyer needs.

The market is still considered favorable for sellers, as inventory levels remain low compared to demand, leading to quicker sales of listed properties. Additionally, the affordability of housing in Iola compared to nearby urban centers keeps attracting new residents and investors.

Rent Prices In Iola, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Iola, KS, is on a rollercoaster ride. The average rent price in Iola, KS, is $889.00. Indeed, when looking to rent in Iola, KS, you can expect to pay as little as $440.00 or as much as $1,800.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Iola, KS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.