Preforeclosure Homes in Indianola, MS

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View this home at Kentwood Ln Indianola MS 38751
$174,240 EMV

3 Bed | 2,153 Sq. Ft.

4 View this home at Kentwood Ln Indianola MS 38751
$174,240 EMV

3 Bed | 2.5 Bath | 1,785 Sq. Ft.

View this home at Kentwood Ln Indianola MS 38751
$174,240 EMV

3 Bed | 1,727 Sq. Ft.

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Home Value Estimator For Indianola, MS

There are currently 3,590 real estate properties in Indianola, MS, with a median automated valuation model (AVM) price of $90,687.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Indianola, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Indianola, MS, is $119,017.00, with the most expensive house in Indianola, MS, topping out at $1,124,671.00 and the cheapest home in Indianola, MS, clocking in at $18,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Indianola, MS!

Rent Prices In Indianola, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Indianola, MS, is on a rollercoaster ride. The average rent price in Indianola, MS, is $1,138.00. Indeed, when looking to rent in Indianola, MS, you can expect to pay as little as $590.00 or as much as $2,100.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Indianola, MS -- 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.

Top Reasons To Live In Indianola, MS In 2024

Indianola is located in Sunflower, Mississippi, with an estimated municipal population of 9,037 residents. All of the best foreclosed homes for sale in Indianola are located in the following zip code areas on 38751. The estimated population per square kilometer (.62 miles) in Indianola is 407.

Cost Of Living In Indianola, MS

So, about how much do homes cost in Indianola? The most recent median value of resident-owned homes in Indianola is 76,968. An estimated 53.8 percent of households in Indianola own their homes, with an average family size of 3.45. The median household income in Indianola is 28,941, with9.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Indianola, the median commute time of resident workers (in minutes) is 15.2. And last, but certainly not least, are you looking for homes to rent in Indianola? If so, the average rent price paid by renters in Indianola is 693, according to recent statistics.

Diversity And Demographics In Indianola, Mississippi

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Indianola, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Indianola is 34.2, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Indianola is 32, with an average family size of 3.45.

The percentage of residents who report their race in Indianola is as follows:

White 16.6%
Black / African American 81.7%
Asian 0.1%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.3%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Indianola? Or maybe you are searching for 55+ active adult communities in and/or near Indianola?

The percentage of residents who report their age in Indianola is as follows:

Under 10 13.6%
Aged 10-19 13.7%
20s 18.3%
30s 11.4%
40s 9.2%
50s 11.4%
60s 11.9%
70s 7.4%
80+ 3.2%

Best Schools In Indianola, Mississippi

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Indianola with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Indianola.

Pros And Cons Of Living In Indianola, Mississippi

How do you know that living in -- or moving to -- Indianola is right where you need to be? Perhaps you grew up in Indianola or already live nearby; therefore, the decision to buy a home in Indianola is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Indianola for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Indianola:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Indianola.

Reasons To Move To Indianola, Mississippi, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Indianola can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Indianola, meanwhile, can field multiple offers from more qualified buyers.

Indianola, MS Preforeclosure Homes


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