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Indianola, MS Real Estate


According to census data in the year 2000 there were 4,129 housing units in Indianola. This represents a 6.3% growth from 3,883 in 1990.

Of those housing units, 4,019 were located in either urbanized areas or urban clusters, and 110 were located in what is classified as a rural area.

Homeownership rate in Indianola is about 63.1%. Indianola's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 3.06 people.

The majority of houses, apartments or condos in Indianola were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom12.40%
Two Bedrooms22.70%
Three Bedrooms50.40%
Four Bedrooms11.60%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1969
Median Value of occupied units$54,500
Median Price asked for vacant units$26,700

Rented Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1974
Median Monthly Rent asked for vacant units$141

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan3.40%
Simple Mortgage53%
Debt Free37.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%