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Indianola, MS Home Values and Rents

The typical home value in Indianola is $96,836, 134th highest of 189 cities and towns in Mississippi. Median rent is $720 a month.

Typical home value
$96,836
134th of 189 in MS
Median rent
$720/mo
ACS 2020-2024
Price change, 1 year
-8.6%
Sep 2026
Homeownership
51.8%
MS: 70.0%

Typical home value in Indianola

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodIndianola
Sep 2026$96,836
Dec 2025$105,103
Dec 2024$111,024
Dec 2023$106,255
Dec 2022$114,949
Dec 2021$122,887
Dec 2020$105,393
Dec 2019$92,899
Dec 2018$88,428
Dec 2017$85,428
Dec 2016$83,312

Over five years, Indianola prices changed -19.1%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
138751$116,100$756+12.2%+16.3%

Fair Market Rents, FY2027

HUD rent standard for Sunflower County, MS

MS rents
Unit sizeMonthly rentvs FY2026
Studio$646+11.2%
1 bedroom$692+7.8%
2 bedrooms$905+7.5%
3 bedrooms$1,249+9.9%
4 bedrooms$1,283+1.8%

Frequently asked questions

What is the typical home value in Indianola, MS?
The typical home value in Indianola is $96,836 (Zillow Home Value Index, Sep 2026). The Mississippi median is $169,800.
How much is rent in Indianola?
The median rent in Indianola is $720 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $905.
Are home prices going up in Indianola?
The typical home value in Indianola changed -8.6% over one year and -19.1% over five years, as of Sep 2026.
How does Indianola compare with the rest of Mississippi?
Indianola has the 134th highest median home value of 189 cities and towns with 1,000+ residents in Mississippi.
Which ZIP code in Indianola has the highest home values?
ZIP code 38751 has the highest median home value at $116,100.