Wellman, IA

Seller's market-21.4% YoY

Housing market overview · Updated weekly

$167,500median sale price

Homes sold

2

Last 12 weeks

Days on market

102

Average pace

Active listings

1

0.5 months supply

Sale-to-list

96.3%

Below asking

The Wellman housing market is currently classified as a seller's market with a median sale price of $167,500. Prices have fallen 21.4% compared to last year, with homes spending an average of 102 days on market, indicating 0.5 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 Wellman

There are currently 1 homes listed for sale in Wellman, Iowa. The median listing price is $242K.

Active listings

1

Homes on market

Median list price

$242K

Avg. days on market

102

Days until sale

New this week

2

Newly listed

Sale-to-list:96.3%

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Frequently asked questions

What is the average home price in Wellman?

The median home sale price in Wellman is $167,500, down 21.4% from last year.

How long do homes stay on market in Wellman?

Homes typically spend 102 days on market before going under contract.

Is Wellman a buyer's or seller's market?

With 0.5 months of supply, Wellman is currently a seller's market.

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