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Fixer Upper Homes in Ottumwa, IA

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Ottumwa, IA Foreclosures

How much do homes sell for in Ottumwa, IA?
The average home price is currently $150,751.
In Ottumwa, IA, how many homes are available?
There are currently 545 active home listings available in Ottumwa.
What’s the average rental cost in Ottumwa, IA?
The average rental price in Ottumwa is $1,035.
What is the most expensive home in Ottumwa?
The most expensive home sold in Ottumwa had a price of $9,350,187.
What is currently the cheapest priced home in Ottumwa, IA?
The cheapest home for sale in Ottumwa is priced at $13,359.

Living in Ottumwa, IA

Ottumwa, Iowa, is a charming city that blends small-town values with modern conveniences. Residents enjoy a family-friendly atmosphere, rich local history, and access to beautiful outdoor spaces. With a range of amenities, schools, and recreational opportunities, Ottumwa is a fantastic place to live.

Current Market Conditions in Ottumwa, IA

The real estate market in Ottumwa shows signs of stability with a balanced mix of buyers and sellers. Home prices have held steady over the past few months, driven by a moderate demand for affordable housing in the area, particularly among first-time homebuyers.

There is a notable increase in interest in suburban living, with many individuals and families looking to relocate from larger cities, thus enhancing the market dynamics and attracting both new and seasoned investors.

Home Value Estimator For Ottumwa, IA

There are currently 10,908 real estate properties in Ottumwa, IA, with a median automated valuation model (AVM) price of $109,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ottumwa, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ottumwa, IA, is $150,751.00, with the most expensive house in Ottumwa, IA, topping out at $9,350,187.00 and the cheapest home in Ottumwa, IA, clocking in at $13,359.00. In other words, there’s something for every potential homebuyer or savvy investor in Ottumwa, IA!

Rent Prices In Ottumwa, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ottumwa, IA, is on a rollercoaster ride. The average rent price in Ottumwa, IA, is $1,035.00. Indeed, when looking to rent in Ottumwa, IA, you can expect to pay as little as $450.00 or as much as $2,000.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Ottumwa, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ottumwa, IA Fixer Upper Homes

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