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Foreclosure Homes in Wellman, IA 52356

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Wellman, IA Foreclosures

Current Market Conditions in in Wellman, IA As of February 2026?
In the past month, the real estate landscape of Wellman has shown signs of increased activity, with homes selling at a faster pace compared to previous months. The average time on the market has decreased, indicating rising buyer interest. Additionally, sellers are experiencing multiple offers on well-priced properties, suggesting a competitive market environment.
How much do homes sell for in Wellman, IA?
The average home price is currently $281,023.
In Wellman, IA, how many homes are available?
There are currently 23 active home listings available in Wellman.
What’s the average rental cost in Wellman, IA?
The average rental price in Wellman is $1,406.
What is the most expensive home in Wellman?
The most expensive home sold in Wellman had a price of $5,031,437.
What is currently the cheapest priced home in Wellman, IA?
The cheapest home for sale in Wellman is priced at $13,802.

Living in Wellman, IA

Wellman, Iowa is a peaceful small town offering a community-focused lifestyle with a rich history and essential amenities. Residents enjoy friendly neighborhoods, local parks, and quality schools, making it an attractive place for families. With its proximity to larger towns, Wellman combines tranquility and convenience for its residents.

Buyer vs Seller Market in Wellman, IA

The current real estate market in Wellman is characterized by steady demand for residential properties. Home prices have seen a modest increase as more families and individuals seek the quiet charm of small-town living amidst rising urban prices.

An influx of newcomers, drawn by the appealing lifestyle and affordable housing options, has been noted. As a result, sellers are receiving competitive offers, and properties are moving quickly in this market.

Home Value Estimator For Wellman, IA

There are currently 1,207 real estate properties in Wellman, IA, with a median automated valuation model (AVM) price of $231,061.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wellman, 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 Wellman, IA, is $281,023.00, with the most expensive house in Wellman, IA, topping out at $5,031,437.00 and the cheapest home in Wellman, IA, clocking in at $13,802.00. In other words, there’s something for every potential homebuyer or savvy investor in Wellman, IA!

Rent Prices In Wellman, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wellman, IA, is on a rollercoaster ride. The average rent price in Wellman, IA, is $1,406.00. Indeed, when looking to rent in Wellman, IA, you can expect to pay as little as $760.00 or as much as $2,210.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Wellman, 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.

Wellman, IA 52356 Foreclosures

Market Trend for Wellman, IA

Total Listings Available: 23

Market Values:

Home Prices from $13,802 to $5,031,437

Average Sales Price: $281,023

Rental Values:

Rental from $760 to $2,210

Average Rent Value: $1,406 / month

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