Ottumwa, IA · Market Data

Ottumwa, Iowa real estate market data.

Real estate market data for Ottumwa, IA (Wapello County) — Census median home value $92,400, county listing prices down about 1.4% over the past year.

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Ottumwa, IA is in Wapello County, Iowa — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 25,352, with a median household income of $56,994. Census data puts Ottumwa's median home value at $92,400.

At a glance

Ottumwa market snapshot

Population

25,352

Median Household Income

$56,994

Median Home Value (city)

$92,400

Median Gross Rent

$956/mo

Price Trend (YoY)

-1.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Ottumwa

What makes Ottumwa different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Ottumwa's median home value — across all owner-occupied homes, not just recent sales — at $92,400.

County Price Trend

Wapello County's FHFA house price index shows a -1.42% annual change in 2025.

Population & Income

Ottumwa has an estimated population of 25,352 and a median household income of $56,994, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Ottumwa's Census-reported median home value works out to about 1.6x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Ottumwa FAQ

What are home values like in Ottumwa, IA?

The Census Bureau's American Community Survey puts Ottumwa's median home value at $92,400.

What is the population of Ottumwa, IA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Ottumwa's population at approximately 25,352.

What's the median rent in Ottumwa, IA?

The Census ACS estimates median gross rent in Ottumwa at approximately $956 per month.

What is the median household income in Ottumwa, IA?

Census ACS data puts the median household income in Ottumwa at approximately $56,994.

Is the Ottumwa housing market growing?

Wapello County's FHFA house price index shows a -1.42% annual change in 2025.

Is Ottumwa, IA affordable relative to income?

Census ACS data puts Ottumwa's median home value at about 1.6 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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