Real Estate in Paola, KS
Updated 2026 • Housing market data from 2 zip codes • Redfin data through January 2026
📊 Paola, KS Market Activity
The Paola housing market shows a median sale price of $159,250, -5.0% lower than last year. The price per square foot is $105, below the national median of ~$215/sqft, down -17.0% year-over-year. Homes in Paola spend a median of 54 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
📦 Paola Housing Supply & Demand
📋 Housing Overview
Paola, KS Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 300000, the balance between renting (35%) and owning (65%), and a population of 5738 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Economy & What Drives Paola Real Estate
Real estate values in Paola, KS are driven by local employment, school quality, and quality of life. The cost of living index of 102.9 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $69,420, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Paola neighborhoods.
Pros & Cons
Pros
- •Friendly community
- •Small-town charm
- •Quiet suburban area
- •Nearby parks and trails
- •Low cost of living
- •Local events and festivals
- •Affordable housing options
- •Low crime rate
- •Good for families
- •Access to local businesses
Cons
- •Less cultural diversity
- •Few kids activities available
- •Few job opportunities
- •Schools need improvement
- •Limited nightlife options
- •Public transport is lacking
- •Dependence on nearby cities
- •Economic growth is slow
- •Conservative political views
- •Limited dining variety
Frequently Asked Questions
What is the cost of living in Paola, KS? ▼
The cost of living in Paola, KS is 3% higher than the national average, with a cost of living index of 103 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Paola, KS? ▼
In Paola, KS, The median home price is $300,000. requiring approximately $107,143 annual income to afford. The local median household income is $69,420, making homeownership attainable for typical residents. Explore Paola real estate data →
Is Paola, KS a safe place to live? ▼
Paola, KS is relatively safe, with crime rates below the national average. The crime rate is 15.3 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Paola crime statistics →
What salary do you need to live comfortably in Paola, KS? ▼
To live comfortably in Paola, KS and afford a median-priced home of $300,000, you would typically need a household income of $75,000 to $93,750 per year. The local median household income is $69,420. See full affordability analysis →
Is Paola, KS growing? ▼
Paola, KS has a population of 5,738. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The moderately priced housing market and competitive job market shape migration patterns. See Paola population demographics →
What are the best neighborhoods in Paola, KS? ▼
The best neighborhoods in Paola, KS depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $300,000 is below the national average. Explore Paola on our interactive map →
What is the commute like in Paola, KS? ▼
Commute times in Paola, KS vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Paola, KS? ▼
Tax rates in Paola, KS include state and local components. The cost of living index of 103 reflects a moderate cost environment compared to the national average. View detailed Paola tax information →
How does Paola, KS compare to nearby cities? ▼
Paola, KS offers comparable costs to nearby communities. With a cost of living index of 103, median home prices of $300,000, and a crime rate of 15.34 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Paola, KS? ▼
Weather in Paola, KS varies by season. Climate data varies by season. View detailed Paola climate & environment data →
What is the price per square foot in Paola, KS? ▼
The median price per square foot in Paola is $105, which is 51% below the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Paola, KS? ▼
Homes in Paola spend a median of 54 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Paola, KS
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin