Ottumwa Metro Area, IA Housing

The housing market in the Ottumwa, IA Metro Area is healthy and on the rise. The median value of a house in this area is currently $105,100 and has appreciated 12.55% over the past year, much higher than the national average of 8.27%. This is great news for homeowners and prospective buyers alike as it shows that real estate values here are increasing at a steady rate. With an appreciation rate like this, Ottumwa is an excellent option for those looking to invest in property or make a move to more affordable living.

The median home cost in Ottumwa Metro Area is $105,100. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Ottumwa Metro Area is up 15.1%.

Average Age of Homes

- The median age of Ottumwa Metro Area real estate is 62 years old

The Rental Market in Ottumwa Metro Area

- Renters make up 23.6% of the Ottumwa Metro Area population
- 3.2% of houses and apartments in Ottumwa Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ottumwa, Iowa	United States
	15,785.0	139,647,020.0
	65	42
	$105,100	$338,100
	15.1%	16.6%
	42.9%	57.0%
	63.9%	101.1%
	$18.92	$10.98
	$1,695	$2,690
	60.0%	57.4%
	10.5%	11.2%
	29.5%	31.4%
Vacant Housing
	3.2%	1.9%
	0.2%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	7.8%	2.6%
	5.6%	2.4%
	12.2%	2.8%
	19.6%	3.9%
	8.8%	4.5%
	16.0%	11.3%
	11.7%	13.0%
	12.0%	20.1%
	2.9%	13.6%
	1.4%	8.3%
	1.5%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.6%	13.6%
	5.6%	13.6%
	7.5%	13.6%
	6.2%	13.2%
	13.9%	14.8%
	7.5%	13.6%
	16.0%	10.0%
	9.3%	4.7%
	31.3%	12.2%

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