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Why Live in Iola
Iola, located in southeast Kansas, serves as the political and economic center of Allen County. With a population of approximately 5,400, Iola is experiencing a resurgence, marked by new investments in housing, businesses, and parks. The city’s economy, once reliant on natural gas extraction, now includes big-box retailers, manufacturers like Russell Stover Chocolates, and a growing number of remote workers. Housing in Iola features a mix of styles, from 1870s homes to new constructions, with ranch-style homes and bungalows being most common. Downtown Iola boasts early 1900s brick storefronts that now house law offices, boutique shops, and eateries such as El Charro, King’s Sandwich Shop, and Rookies Sports Bar & Grill. For outdoor enthusiasts, Riverside Park offers baseball fields, a municipal pool, and a skate park, while the newly established Lehigh-Portland State Park provides hiking, mountain biking, and water activities. The Prairie Spirit Trail, starting at Cofachique Park, offers a 51-mile trail for walking and biking. Iola is conveniently located about 100 miles from Kansas City, Wichita, and Joplin, with easy access via state highways. The local school district, Iola USD 257, includes Iola Elementary, Iola Middle School, and Iola High School, which offers career preparation programs and dual enrollment with Allen Community College.
Home Prices in Iola, KS
The median home sale price in Iola, KS is $130,000, up 8% year-over-year. Homes in Iola sell in 85 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$130,000
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Median Single Family Sale Price
$129,500
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Median 2 Bedroom Sale Price
$55,000
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Median 1 Bedroom Sale Price
$128,500
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Average Price Per Sq Ft
$85
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Number of Homes for Sale
26
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Last 12 months Home Sales
55
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Months of Supply
5.70
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Median List Price
$135,000
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Median Change From 1st List Price
8%
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Median Home Sale Price YoY Change
8%
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