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Iola, KS Real Estate


According to census data in the year 2000 there were 2,886 housing units in Iola. This represents a 0% decline from 2,886 in 1990.

Of those housing units, 2,846 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.

Homeownership rate in Iola is about 65.8%. Iola's vacancy rate, including seasonal lodging, is about 10.2%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Iola were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom12.70%
Two Bedrooms37.70%
Three Bedrooms38.80%
Four Bedrooms9.20%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1944
Median Value of occupied units$39,100
Median Price asked for vacant units$41,700

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1966
Median Monthly Rent asked for vacant units$278

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3%
Home Equity Loan1.80%
Simple Mortgage45.20%
Debt Free49.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%