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Sarah Mitchell

CNESRESABR

Compass Real Estate · Ottumwa, IA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Ottumwa, IA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Ottumwa, IA Housing Market & Real Estate

Leaning buyer's-6.4% YoY

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?

Leaning buyer's3.5 months of supply51 avg. days on 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?

Current housing market statistics for Ottumwa, IA
MetricValue
Median sale price$135,750
Median list price$135,000
Year-over-year price change-6.4%
Average days on market51 days
Active inventory85 listings
Months of supply3.5 months
Sale-to-list price ratio95.0%
Median price per sq ft$106/sq ft
Homes sold (latest month)24
New listings (latest month)25
Listings with a price cut34.1%
Market conditionLeaning 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.

Median price, price per square foot, homes sold and days on market by property type in Ottumwa, IA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$135,750$106/sq ft2451 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

Price drops:34.1%of listings
Sale-to-list:95.0%

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

Public

Liberty Elementary School

Grades 3-6 · 764 students

Public

Evans Middle School

Grades 7-8 · 689 students

Public

Pickwick Early Childhood Center

Grades PK-K · 593 students

Public

Douma Elementary School

Grades 1-2 · 345 students

Public

Wilson Elementary School

Grades K-5 · 343 students

Public

Horace Mann Elementary School

Grades K-5 · 251 students

Public

Eisenhower Elementary School

Grades K-5 · 243 students

Public

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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