View in Interactive Map

Ottumwa, IA—52501

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$126,000
1.1% YoY Growth
Household Income
$59,100
35.5% YoY Growth
Days on Market
51
30.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$850
11.9% YoY Growth
1-Bed Rent
$775
N/A
2-Bed Rent
$850
5.5% YoY Growth
3-Bed Rent
$1,000
2.9% YoY Growth

Other Zip Codes in Ottumwa, IA

52536
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ottumwa, IA

As of May '26, the median home price in Ottumwa, IA is $126,000, with a year-over-year change of 1.1%. This indicates that home prices in Ottumwa, IA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$126,0001.1%
Single Family $126,0000.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $59,000
    -4.8%
    2 Bed
    		$95,000-1.0%
    3 Bed
    		$155,0003.3%
    4 Bed
    		$195,0004.3%
    5 Bed $256,4633.0%
    Loading chart...

    % of Housing Stock

    Studio
    2.8%
    1 Bedroom
    11.0%
    2 Bedrooms
    38.0%
    3 Bedrooms
    34.4%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    3.3%

    Rental Trends — Ottumwa, IA

    As of July '25, Rentcast reports the average rent in Ottumwa, IA is $899, with a year-over-year rent change of -11.9%. Per bedroom, the median rent as of July '25 in Ottumwa, IA is 1-bedrooms: $755, 2-bedrooms: $894, 3-bedrooms: $1,020, 4-bedrooms: $1,000. The most common rental property sizes in Ottumwa, IA are 2-bedroom and 3-bedroom, accounting for 50.2% and 20.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$850$899
    Studio Rent N/AN/A
    1 Bed Rent $775$755
    2 Bed Rent $850$894
    3 Bed Rent $1,000$1,020
    4 Bed Rent $1,000$1,000
    Loading chart...

    % of Rental Stock

    Studio
    6.9%
    1 Bedroom
    17.1%
    2 Bedrooms
    50.2%
    3 Bedrooms
    20.8%
    4 Bedrooms
    3.3%
    5+ Bedrooms
    1.7%

    Property Listings — Ottumwa, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Ottumwa, IA is 51. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$158,0003.0%
    Listing Count
    		1430.0%
    Listings as % of Homes0.6%0.0%
    Days on Market
    		51-30.0%
    Loading chart...

    Demographics — Ottumwa, IA

    As of the latest ACS Survey released in 2023, Ottumwa, IA has a population of 30,300, which has increased by 2.3% over the past 5 years. Ottumwa, IA is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		30,3002.3%
    % Under 18
    		23.2%2.7%
    % Seniors
    		17.9%5.3%
    % WFH
    		4.1%70.8%
    % w/ College Degree
    		20.1%11.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Ottumwa, IA is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Ottumwa, IA is hispanic, making up 14.5% of the population. Foreign-born residents account for 10.6% of the population in Ottumwa, IA, and this percentage has increased by 17.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.3%-7.4%
    % Black
    		3.9%2.6%
    % Hispanic
    		14.5%16.9%
    % Asian
    		1.7%30.8%
    % Foreign Born
    		10.6%17.8%
    Loading chart...

    Mortgage and Risk — Ottumwa, IA

    According to HUD data as of 2023, there were 491 mortgage originations in Ottumwa, IA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Ottumwa, IA. Investor activity is low, as 5.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		491
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		19.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Ottumwa, IA

    Ottumwa, IA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		691
    Total Units Section 8
    		332
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		71.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$5$775$780
    2 Bedroom$170$850$1,020
    3 Bedroom$270$1,000$1,270
    4 Bedroom$470$1,000$1,470

    Affordability — Ottumwa, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$126,000
    Median Household Income$59,100

    Ottumwa, IA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Kirkville, IA

    52566

    Agency, IA

    52530

    Fremont, IA

    52561

    Cedar, IA

    52543

    Ottumwa, IA

    52536

    Frequently Asked Questions