Is now a good time to buy land in Iola, Kansas?
Iola, Kansas is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
21.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | - | 3 | 3 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 1 | 8 | 12 |
Iola, Kansas is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Iola, Kansas currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Iola, Kansas is 4.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Crown Realty.
The 3-month absorption rate in Iola, Kansas is 4.8%. The 12-month rate is 14.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 7 active listings in Iola, Kansas. 1 new listings have hit the market in the last 90 days. The median asking price is $120K.
Over the past 12 months, Iola, Kansas saw 12 properties sold. In just the last 3 months, 1 properties changed hands.
Land in Iola, Kansas typically sells within 102 days of listing. The median time on market is 83 days. Properties are moving at a moderate pace in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.