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Iola, KS Condo for Sale

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    $175,000

    • 1 Bed
    • 1 Bath
    • 8,217 Sq Ft

    512 E Monroe St, Iola, KS 66749

    Rare Historical Gem: The Iola "Flat Iron" OpportunityOwn a piece of Southeast Kansas history with this striking 1920s brick "flat iron" building in the heart of Iola. Spanning approximately 5,500 square feet across two expansive levels, this structure offers the perfect canvas for an investor or creative visionary.*Prime Location & Connectivity*Iola is perfectly positioned as a

    Jennifer Chester Crown Realty

    512 E Monroe St, Iola, KS 66749

Why Live in Iola

Iola, located in southeast Kansas, serves as the political and economic center of Allen County. With a population of approximately 5,400, Iola is experiencing a resurgence, marked by new investments in housing, businesses, and parks. The city’s economy, once reliant on natural gas extraction, now includes big-box retailers, manufacturers like Russell Stover Chocolates, and a growing number of remote workers. Housing in Iola features a mix of styles, from 1870s homes to new constructions, with ranch-style homes and bungalows being most common. Downtown Iola boasts early 1900s brick storefronts that now house law offices, boutique shops, and eateries such as El Charro, King’s Sandwich Shop, and Rookies Sports Bar & Grill. For outdoor enthusiasts, Riverside Park offers baseball fields, a municipal pool, and a skate park, while the newly established Lehigh-Portland State Park provides hiking, mountain biking, and water activities. The Prairie Spirit Trail, starting at Cofachique Park, offers a 51-mile trail for walking and biking. Iola is conveniently located about 100 miles from Kansas City, Wichita, and Joplin, with easy access via state highways. The local school district, Iola USD 257, includes Iola Elementary, Iola Middle School, and Iola High School, which offers career preparation programs and dual enrollment with Allen Community College.

Home Trends in Iola, KS

Housing Trends

Median Sale Price
$129,750
Median Single Family Sale Price
$125,000
Median 1 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$88
Number of Homes for Sale
31
Last 12 months Home Sales
58
Months of Supply
6.40
Median List Price
$130,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
8%
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