📍 Indianola, NE · Zillow ZHVI · July 2026

Average Home Price in
Indianola, NE

Red Willow County County

Median Home Value
$173,827
↑ 0% year-over-year
vs. National Median
$410,000
Indianola is 58% below
Est. Monthly Payment
$907/mo
20% down · 6.8% rate
Income Needed
$46K
gross annual (30% rule)
Median Home Value
$173,827
↑ 0% year-over-year

Down Payment (20%)$34,765
Monthly P&I$907/mo
With Taxes & Ins.~$1,152/mo
Income Needed$46,080/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Indianola, NE

The median home value in Indianola, NE is $173,827 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 4% from two years prior.

Compared to the U.S. national median of $410,000, homes in Indianola are priced58% below average.

Over the past five years, Indianola home values have risen by approximately14.8%, reflecting steady appreciation in this market.

City Comparison

Indianola vs. National Median

🏠 Indianola
$173,827
National Median
$410,000

At $173,827, homes in Indianola cost 58% below the national median of $410,000. This makes Indianola a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Indianola?

20% Down Payment
$34,765
on $173,827
Monthly P&I
$907/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,152/mo
incl. taxes & insurance
Income Needed
$46,080
gross annual (30% rule)
10% Down Option
$17,383
+ PMI applies
Loan Amount (20% dn)
$139,062
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Indianola, NE?
The median home value in Indianola is $173,827 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Indianola?
Over the past year, home values in Indianola have increased by 0%. Over five years, prices have risen approximately 14.8%.
How much do I need to earn to buy a home in Indianola?
To comfortably afford the median home price of $173,827 with a 20% down payment ($34,765) at today's rates (6.8%), you'd need a gross annual income of approximately $46,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Indianola compare to the national average home price?
The national median home value is approximately $410,000. At $173,827, homes in Indianola are 58% below the national average.