Rent To Own Homes in Iola, KS

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4 Us-highway-54-Iola-KS-66749
$76,925 EMV

Us Highway 54
Iola, KS 66749

4 Bed | 1.5 Bath | 2,256 Sq. Ft.

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Home Value Estimator For Iola, KS

There are currently 991 real estate properties in Iola, KS, with a median automated valuation model (AVM) price of $71,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Iola, KS, 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 Iola, KS, is $86,423.00, with the most expensive house in Iola, KS, topping out at $509,100.00 and the cheapest home in Iola, KS, clocking in at $22,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Iola, KS!

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 $880.00. Indeed, when looking to rent in Iola, KS, you can expect to pay as little as $450.00 or as much as $1,800.00, with the average rent median estimated to be $850.00. 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.

Foreclosure Homes in Iola, KS

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Iola, KS area at Get information on foreclosure homes for rent, how to buy foreclosures in Iola, KS and much more. Save thousands at closing with home foreclosure listings in Iola, KS — up to 75% off market value!

Top Reasons To Live In Iola, KS In 2021

Iola is located in Allen, Kansas, with an estimated municipal population of 5,266 residents. All of the best foreclosed homes for sale in Iola are located in the following zip code areas on 66749. The estimated population per square kilometer (.62 miles) in Iola is 454.

Cost Of Living In Iola, KS

So, about how much do homes cost in Iola? The most recent median value of resident-owned homes in Iola is 83,247. An estimated 54.3 percent of households in Iola own their homes, with an average family size of 2.71. The median household income in Iola is 36,750, with8.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Iola, the median commute time of resident workers (in minutes) is 16.8. And last, but certainly not least, are you looking for homes to rent in Iola? If so, the average rent price paid by renters in Iola is 680, according to recent statistics.

Diversity And Demographics In Iola, Kansas

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 Iola, 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 Iola is 37.4, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Iola is 40.5, with an average family size of 2.71.

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

White 89.9%
Black / African American 1.8%
Asian 1.1%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.5%
Multi-racial 6.2%
Other 0.1%

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

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

Under 10 10.9%
Aged 10-19 14.2%
20s 17.3%
30s 9.9%
40s 10%
50s 14%
60s 9.4%
70s 6.6%
80+ 7.7%

Best Schools In Iola, Kansas

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 Iola with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Iola.

Pros And Cons Of Living In Iola, Kansas

How do you know that living in -- or moving to -- Iola is right where you need to be? Perhaps you grew up in Iola or already live nearby; therefore, the decision to buy a home in Iola is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Iola 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 Iola:

  • 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 Iola.

Reasons To Move To Iola, Kansas, In 2021

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


Listing types in Iola, KS

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