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Featured local agent — Ottumwa, IA
Sarah Mitchell
Compass Real Estate · Ottumwa, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ottumwa, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$135,750median sale price
How is the Ottumwa, IA housing market right now?
The median home sale price in Ottumwa, IA is $135,750, down 6.4% year-over-year. Homes sell in an average of 51 days with 85 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ottumwa a buyer's or seller's market?
Ottumwa, IA is currently a leaning buyer's, based on 3.5 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
51
Average pace
Active listings
85
3.5 months supply
Sale-to-list
95.0%
Below asking
What does the Ottumwa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $135,750 |
| Median list price | $135,000 |
| Year-over-year price change | -6.4% |
| Average days on market | 51 days |
| Active inventory | 85 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 25 |
| Listings with a price cut | 34.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Ottumwa by property type?
How the Ottumwa, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $135,750 | $106/sq ft | 24 | 51 days |
Source: Redfin · Updated monthly
The Ottumwa housing market is currently classified as a leaning buyer's with a median sale price of $135,750. Prices have fallen 6.4% compared to last year, with homes spending an average of 51 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Homes for sale in Ottumwa
There are currently 85 homes listed for sale in Ottumwa, Iowa. The median listing price is $135K.
Active listings
85
Homes on market
Median list price
$135K
Avg. days on market
51
Days until sale
New this week
25
Newly listed
Who lives in Ottumwa?
Population
25,352
Median income
$56,994/yr
Median age
37.4 years
Owner-occupied
61.2%
College grads
20.1%
Avg commute
17.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Ottumwa?
Zillow home value
$126,618
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Ottumwa?
Ottumwa is a community of approximately 25K residents with a median age of 37.4 years.The median household income is $56,994, which represents a working-class community with solid middle-income opportunities. 20.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.2%, showing a blend of owner and renter-occupied properties. The average commute time is 17.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ottumwa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ottumwa?
11 schools tracked · 4,982 students
The largest public schools serving Ottumwa, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ottumwa High School
Grades 9-12 · 1,239 students
Liberty Elementary School
Grades 3-6 · 764 students
Evans Middle School
Grades 7-8 · 689 students
Pickwick Early Childhood Center
Grades PK-K · 593 students
Douma Elementary School
Grades 1-2 · 345 students
Wilson Elementary School
Grades K-5 · 343 students
Horace Mann Elementary School
Grades K-5 · 251 students
Eisenhower Elementary School
Grades K-5 · 243 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ottumwa, IA?
Want a head-to-head view? Compare Ottumwa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ottumwa?
The median home sale price in Ottumwa is $135,750, down 6.4% from last year.
How long do homes stay on market in Ottumwa?
Homes typically spend 51 days on market before going under contract.
What is the median income in Ottumwa?
The median household income is $56,994 per year.
Is Ottumwa a buyer's or seller's market?
With 3.5 months of supply, Ottumwa is currently a leaning buyer's.
What is the Zillow home value estimate for Ottumwa?
The Zillow Home Value Index (ZHVI) for Ottumwa is $126,618, representing the typical home value in the area.
How much does a single-family home cost in Ottumwa?
The median single-family home price in Ottumwa, IA is $135,750 (about $106 per square foot).
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