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Iola

Iola

Located in Allen County

$117,795 Average Value
$122 Average Price per Sq Ft
0 Homes For Sale

Iola is a growing economic hub in southeast Kansas

Located in southeast Kansas, the city of Iola serves as the political and economic hub of rural Allen County. “Iola is at the heart of southeast Kansas, and it’s an up-and-coming community with a new state lake,” says Jennifer Chester, a broker with Crown Realty who has sold nearly 100 properties here. Though Iola’s economy once depended on natural gas extraction, its current employment scene includes big-box retailers, manufacturers like Russell Stover Chocolates and a growing presence of remote workers. “We’re centrally located between Kansas City, Tulsa and Wichita. Many people work remotely and only have to commute to those cities around once a week,” Chester says. Around 5,400 people now call this rural city home, and new investment in housing, businesses and parks is bringing new life to this once-quiet part of the state.

New construction is coming to Iola for the first time in a decade

Iola’s vast network of grid-patterned streets is home to a mixture of homes built as early as the 1870s and as recently as the 2020s. “Iola is in the beginning stages of a rebirth,” Chester says. “We have plenty of people who are trying to relocate here, but there are a lot of homes that need upgrades or are undergoing repairs. New-construction homes are currently being built, and we haven’t had new construction in ten years.” Ranch-style homes and bungalows are the most common styles along Iola’s streets, although the occasional 1890s-built Victorian home and 1920s-built Craftsman property add aesthetic variety. Homes smaller than 1,750 square feet tend to sell for between $50,000 and $200,000, while larger properties go for between $100,000 and $400,000.

Downtown Iola's vintage shops host diverse modern businesses

In downtown Iola, brick storefronts built in the early 1900s now house law offices, boutique shops and eateries. El Charro serves Mexican food in a neon-lit and colorfully painted dining area. King’s Sandwich Shop has served burgers from its small drive-in restaurant since 1955. Rookies Sports Bar & Grill doubles as the local pizzeria and a local sports bar decked out in Kansas City Chiefs flair. Residents can also grab a bite at Sharky’s, which specializes in surf-and-turf. Iola has plenty of grocery options, including Walmart and G&W Foods. Just north of the city, Tucker’s Flea Market sells everything from World War II memorabilia to mattresses and video games.

Iola has city green spaces and Kansas' newest state park

Riverside Park is Iola’s largest outdoor recreation area. It has four baseball fields, the municipal pool and skate park, a large playground and the city’s recreation center. Across the street, the Iola Riverside Park Stadium hosts high school football games. The Happy Tails Dog Park is also nearby, offering a space for off-leash exercise. On the north side of town, Cofachique Park’s open spaces host yoga classes, a tank from the nearby Kansas National Guard Armory and the 51-mile-long trailhead for the Prairie Spirit Trail, which follows a railroad built in the 1860s. On the southern edge of Iola, the Lehigh-Portland State Park preserves 100 acres of woodland for hiking and mountain biking. Created in 2023, this park will soon include a swimming beach and docks for kayaking, paddleboarding and fishing on the park’s lake. “The lake was created in a former quarry, so the water is clear,” Chester says. “They’re trying to get scuba diving courses down here as well. The actual buildings from the old quarry are still under the water, and we also have amazing trails that go all the way around the quarry.”

Iola USD 257 schools

Iola Unified School District 257 serves kids in town and gets an overall B-minus from Niche. Students can start their education at Iola Elementary School, which does not yet have a rating, before attending the C-rated Iola Middle School and the B-rated Iola High School. Iola High offers Family, Career and Community Leaders of America and Future Business Leaders of America programs to prepare students for their future careers, and it also offers dual enrollment programs with Allen Community College.

Iola is around 100 miles from several major urban hubs

Iola is connected to major cities by a network of nearby highways, including state highways 54, 169 and 75. Wichita is about 115 miles west, Kansas City is about 100 miles north and Joplin is about 100 miles southeast. Residents don’t have to travel far for health care, as the Allen County Regional Hospital is situated at the northern edge of town.

Jacob Adelhoch
Written By
Jacob Adelhoch

Interested in learning more about homes in this area? Reach out to Jim H Bridges, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Iola Housing Trends

Housing Trends

Median List Price
$235,000
Median Sale Price
$228,500
Median Single Family Sale Price
$228,500
Median Change From 1st List Price
3%
Last 12 months Home Sales
373
Median Home Sale Price YoY Change
92%
Average Price Per Sq Ft
$122

Neighborhood Facts

Number of Homes in Neighborhood
2,260
Number of Homes for Sale
0
Median Year Built
1950
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,457
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,933
Median Lot Size Sq Ft
7,405

Open Houses

  • 511 N Dakota Rd, Iola, KS 66749

    $69,900

    • 511 N Dakota Rd

    Country getaway, recreation or future build site. 8 acres more or less. Trees, pond. Back part of property around pond could be re-fenced as it once was for pasture. Old homesite, some old buildings, above ground storm shelter and old mobile home and house on property. Owner and dogs still occupy property so make an appointment to walk property soon!

    Agent Photo
    Brandy Criss-Engler
    Superior Real Estate & Land Group
    (620) 524-9089
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  • 402 S 4th St, Iola, KS 66749

    $8,000

    • 402 S 4th St
    • New 5 days ago

    MOTIVATED SELLERS! Beautiful corner lot, located on a peaceful street in Iola. Great opportunity to build your dream home! Call listing agent at (620) 487-4440.

    Alex Wilkins Crown Realty

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  • 423 N Ohio St, Iola, KS 66749

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 423 N Ohio St
    • New 6 days ago

    Charming 3 Bedroom Move-In-Ready, Updated Inline Ranch with a Large Eat-In-Kitchen. This Home Has an Inviting Front Patio and an Attached Garage with Both Inside and Outside Access. There is a Patio Out Back and a Shed Too! All Appliances are Included (Refrigerator, Range, Dishwasher, Washer & Dryer)!

    Michele Lasker Keller Williams Realty Partners Inc.

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Iola Has More Owners

Demographics

Total Population
5,710
Median Age
39
Population under 18
24.5%
On par with the national average
23.8%
Population over 65
21.2%
On par with the national average
19.1%

Finances

Median Household Income
$44,196
Significantly below the national average
$71,702
Average Household Income
$56,545

Education and Workforce

High School Graduates
90.5%
College Graduates
19.4%
Below the national average
34.1%
Advanced Degrees
5.3%
Below the national average
13.3%
% Population in Labor Force
64.7%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
24°F
Average Summer High Temperature
92°F
Annual Snowfall
2''

Area Factors

Bikeable

Bike Score®®

62 / 100

Very Walkable

Walk Score®®

74 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Iola
Jim H Bridges
List it for 1 Percent Realty
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