Ottumwa, IA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ottumwa, IA is $120,000, down 14.0% year-over-year. Homes sell in an average of 64 days with 64 active listings. The market is currently a leaning buyer's.
$120,000median sale price
Is Ottumwa a buyer's or seller's market?
Ottumwa, IA is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 64 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
64
Average pace
Active listings
64
3.0 months supply
Sale-to-list
95.4%
Below asking
Ottumwa, IA market data
| Metric | Value |
|---|---|
| Median sale price | $120,000 |
| Median list price | $158,000 |
| Year-over-year price change | -14.0% |
| Average days on market | 64 days |
| Active inventory | 64 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 95.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Ottumwa housing market is currently classified as a leaning buyer's with a median sale price of $120,000. Prices have fallen 14.0% compared to last year, with homes spending an average of 64 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Ottumwa
There are currently 64 homes listed for sale in Ottumwa, Iowa. The median listing price is $158K.
Active listings
64
Homes on market
Median list price
$158K
Avg. days on market
64
Days until sale
New this week
19
Newly listed
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Frequently asked questions
What is the average home price in Ottumwa?
The median home sale price in Ottumwa is $120,000, down 14.0% from last year.
How long do homes stay on market in Ottumwa?
Homes typically spend 64 days on market before going under contract.
Is Ottumwa a buyer's or seller's market?
With 3.0 months of supply, Ottumwa is currently a leaning buyer's.
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