Ottumwa, IA
Housing market overview · Updated weekly
$120,000median sale price
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
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
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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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