Is Indianola, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indianola is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Indianola has remained a Seller's Market.

Key Takeaway

Indianola is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Indianola, WA

How much do homes in Indianola, WA cost?

Median Sold Price

$530,000

$378/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$23,000(+4.5%)

Key Takeaway

Homes in Indianola have sold for 4.5% more than they did a month ago.

Summary: The median home sold price in Indianola was $530,000 in November 2024, up 4.5% from last month, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $318K$745.4K
+134.4%
3 $675K$530K
-21.5%
4 --
N/A
5+ --
N/A

Summary: Indianola housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 134.4%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Indianola, WA

How many homes are available in Indianola, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2014-30.0%

Summary: The Indianola real estate market had 14 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 1411
-21.4%
4 00
0.0%
5+ 00
0.0%

Summary: The Indianola housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indianola, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Indianola in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Indianola, WA

How long does it take to sell a home in Indianola, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
72 Days10 Days-85.0%

Summary: Homes in Indianola had an average of 10 days on market in Nov 2024, down by 85% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Indianola are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Indianola; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Indianola, WA

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