Ottumwa, IA Home Values & Market Trends
Real estate market trends reflect that there have been 435 transactions over the past year in Ottumwa. The median value for residential home transactions that occurred over the previous year is $141,140. The number of current listings in Ottumwa is 524, and the percentage of properties for sale in the city is 524.00%. Ottumwa, IA currently has 24 properties in foreclosure, 1 bank owned properties, 11 properties headed for auction, and 524 properties for sale.
Ottumwa, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 52501 | $ 141,140 $ 120/sqft |
Housing Market Summary for Ottumwa, IA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $150K | $150.8K | 0.50% |
| Median Sold Price | $124.2K | $103.1K | -16.99% |
| Homes For Sale | 392 | 525 | 33.93% |
| Homes Sold | 209 | 147 | -29.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ottumwa, IA
Browse Homes in Ottumwa, IA
Ottumwa home values range from $20,448 to $757,353. The median estimated value of a home in Ottumwa is $141,140. The median list price of a home is 150,750, and the total count of properties in the city is 719.
- Pre-ForeclosurePre-foreclosure homes account for 1.67% of all residential properties in Ottumwa, IA with 52501 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ottumwa, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $225,000 in 52501 to the lowest home value of $83,285 in 52501.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ottumwa, IA ranges from the highest value of $106,027 in 52501 to the lowest value of $106,027 in 52501. Bank owned homes and properties account for 0.14% of properties in Ottumwa, IA. There is 1 zips within Ottumwa, IA; 52501 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions52501 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Ottumwa, IA. Auction homes and other auction properties account for 1.53% of all properties in Ottumwa, IA. There is 1 zips within Ottumwa, IA; of that zips, the median estimated home value for homes going to auction ranges from $226,010 in 52501 to the lowest value of $34,287 in 52501.
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More Real Estate Resources for Ottumwa, IA
Guide for Ottumwa, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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