Ottumwa, IA metro area Housing Market
Cold MarketComprehensive housing market data for the Ottumwa, IA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$135K
↑ 27.4% YoY
Days on Market
67 days
↓ 14.1% YoY
Active Inventory
74
↓ 29.5% YoY
Homes Sold
17
↓ 22.7% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Ottumwa, IA metro area Market Summary
The Ottumwa, IA metro area housing market is cooling down. As of January 2026, the median home sale price is $135K, up 27.4% year-over-year. Homes are spending a median of 67 days on the market, 14.1% shorter than a year ago.
There are 74 homes for sale — 29.5% fewer than last year. With 4.4 months of supply, this is a balanced market. 18 new listings were added during this period, down 35.7% year-over-year.
Homes are selling for 91.3% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 33.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
vs. Iowa Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 68% below the national median, which could indicate stronger cash flow potential.
Ottumwa, IA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$132K
Price per Sq Ft
$92
Sale-to-List Ratio
91.3%
Months of Supply
4.4
Sold Above List
0.0%
Price Drops
33.8%
New Listings
18
↓ 35.7% YoY
Pending Sales
33
Off Market in 2 Weeks
12.1%
Other Markets in Iowa
Des Moines, IA metro area
$295K · 68d on market
Davenport, IA metro area
$193K · 44d on market
Cedar Rapids, IA metro area
$221K · 55d on market
Waterloo, IA metro area
$171K · 34d on market
Iowa City, IA metro area
$320K · 65d on market
Sioux City, IA metro area
$223K · 41d on market
Ames, IA metro area
$282K · 56d on market
Dubuque, IA metro area
$254K · 49d on market
Analyze a deal in Ottumwa, IA metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.