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Dahlonega School #1Dahlonega School #1 · Photo: Jim Roberts · CC BY-SA 4.0
Housing in Ottumwa

267 homes sold in Ottumwa in the last year, at a typical $133K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Ottumwa homes are listed.

Homes sold
267
October 2025 to September 2026
Typical sale price
$133K
median, weighted by sales
Price per square foot
$107
Iowa $159
Paid vs. asking
94.8%
10% sold over asking
For sale now
94
September 2026 · 29 sold that month
What sold · last 12 months

Houses are 98% of Ottumwa’s sales, at a typical $122K (year to May 2026)

267 homes sold in the year to September 2026.

Houses$122K

typical sale · 247 sold in the year to May 2026

Per square foot
$98IA $158
Days to sell
60
Sold over asking
11%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $170K
Condos: 3 sold, typical $396K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 1.9 times the 2016 price

267 sales in the last year, against 328 in 2021 and a low of 258 in 2025. The typical sale went from $71K in 2016 to $133K.

Homes soldTypical sale price
087175262350$50K$100K$150K$200K2015: 285 sold, typical $73K’152016: 275 sold, typical $71K2017: 302 sold, typical $71K’172018: 300 sold, typical $75K2019: 303 sold, typical $78K’192020: 308 sold, typical $89K2021: 328 sold, typical $96K’212022: 311 sold, typical $102K2023: 264 sold, typical $118K’232024: 286 sold, typical $123K2025: 258 sold, typical $127K’25Last 12 months: 267 sold, typical $133KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $150K buys in Ottumwa

Houseat $98 a sq ft, year to May 2026
The same money in Iowaat $158 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Ottumwa homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Ottumwa are back to pre-pandemic levels, but 44% fewer homes come up for sale

We read every month of Ottumwa’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 267 sales.

If you’re buying in Ottumwa

  • Shop in October. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • Offer under asking. Buyers paid 94.8% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 33 a month), but July is the most competitive: 17% of July sales close over asking. October offers nearly as much choice with fewer homes bid up (8%). October has the least competition (8%).

New listings a monthShare sold over asking
08.817.526.3357%13%20%Sweet spotJan: 19 new listings a month, 11% sold over asking, 100 days to sellJFeb: 20 new listings a month, 8% sold over asking, 107 days to sellFMar: 25 new listings a month, 12% sold over asking, 100 days to sellMApr: 33 new listings a month, 10% sold over asking, 104 days to sellAMay: 31 new listings a month, 13% sold over asking, 102 days to sellMJun: 31 new listings a month, 16% sold over asking, 77 days to sellJJul: 32 new listings a month, 17% sold over asking, 84 days to sellJAug: 32 new listings a month, 12% sold over asking, 90 days to sellASep: 27 new listings a month, 14% sold over asking, 81 days to sellSOct: 27 new listings a month, 8% sold over asking, 84 days to sellONov: 21 new listings a month, 11% sold over asking, 88 days to sellNDec: 16 new listings a month, 12% sold over asking, 84 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Iowa

Ottumwa now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price10%8%18%20%
Gone within two weeksShare of homes under contract within 14 days33%4%3%35%
Price paid vs. askingAverage sale price ÷ list price94.8%92.9%95.4%97.5%
Days to sellMedian days from listing to contract561127746
Supply

85 homes for sale on a typical day

That’s 1.7 times the 2023 low (51), 44% fewer than in 2017–19 and well under 2015’s 204.

2015: 204 for sale’152016: 176 for sale2017: 164 for sale2018: 147 for sale’182019: 143 for sale2020: 87 for sale2021: 73 for sale’212022: 80 for sale2023: 51 for sale2024: 77 for sale’242025: 79 for saleLast 12 months: 85 for saleNow
Across Iowa

Ottumwa ranks 79th of 91 busy Iowa markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Ottumwa is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Ottumwa home costs about $887 a month

Mortgage
Property tax
Insurance
Rent

Price: Ottumwa’s typical sale, last 12 months. Property tax at Ottumwa’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Ottumwa is affordable on local pay is on Cost of living.

Before you buy in Ottumwa

Six things worth knowing

33

New listings in April

The month with the most choice. December has the fewest, about 16.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $133K home, about $2,320 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Ottumwa, from test results, graduation and how much students grow.

Schools in Ottumwa
18 min

Typical commute

The average one-way trip to work for people who live in Ottumwa.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Albia sells for less a square foot

The busier markets within 25 miles of Ottumwa, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Ottumwa267$133K$10710%56
Fairfield138$171K$1207%76
Oskaloosa136$176K$12222%46
Bloomfield47$168K$10815%56
Albia36$144K$9817%62
Sigourney23$154K$1127%60

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Ottumwa, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ottumwa. People who follow the town see it, and so do people comparing Ottumwa with their own town. No commission, no listing fee.

Questions about buying a home in Ottumwa

What do homes sell for in Ottumwa, IA?

267 homes sold in the year to September 2026 at a typical $133K, $107 a square foot.

Is Ottumwa a buyer’s or seller’s market?

A seller’s market: 94 homes were for sale in September 2026 and 29 sold, about 3.2 months of supply. Buyers paid 94.8% of asking on average.

When is the best time to buy in Ottumwa?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Ottumwa?

About 1.8% of a home’s value a year. On a $133K home that’s near $2,320.

Where can I see homes for sale in Ottumwa?

Zillow, Redfin, Realtor.com and Homes.com all carry Ottumwa’s MLS listings; the search links above open each one filtered to Ottumwa.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).