Market Intelligence Report — IA-900

Ottumwa, IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IA-09
As of the latest 2026 data
Cooling

Median Listing

$154K
-9.9% YoY

Pending Ratio

0.34
+6.2% YoY

Active Inventory

128
+22.5% YoY

Median DOM

54 Days
+5.4% YoY

Primary Intelligence Tool — Sold Score™

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The Ottumwa market is cooling, characterized by a pending ratio of 0.34 and a notable increase in active listings. Median listing prices have continued their downward trend, declining by 9.9% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Ottumwa market right now.

Inventory levels have expanded significantly, with active listings up 22.5% year-over-year and new listings increasing by 75.0% over the past year. Concurrently, the median listing price has decreased by 3.8% month-over-month and 9.9% year-over-year. The pending ratio currently stands at 0.34, indicating that demand absorption is lagging behind the expansion of available supply, despite a year-over-year rise of 6.2%.

Historical Analysis

Market Trends

Median Price

$154K-3.8% MoM

Active Inventory

128+22.5% YoY

Days on Market

54+5.4% YoY

Sold Score™

50+6.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

50
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in available inventory, evidenced by the 22.5% year-over-year increase in active listings, suggests a slower pace of transactions. This shift places greater emphasis on price discipline for sellers, as absorption rates remain modest. The extended time on market, at 54 days, further underscores the current environment of reduced urgency for buyers.

Luxury Segment

Average listing prices have declined by 13.1% over the past year, exceeding the 9.9% decline in median listing prices. However, the median price per square foot has only slightly decreased by 1.2% year-over-year. This suggests some softness at the higher price tiers, but without a significant divergence in $/sqft trends across segments, a distinct luxury-segment signal is not clearly indicated.

Supply Dynamics

128 active listings represent the current floor, with new supply arriving at roughly 42 per month.

Pricing Pressure
15.4%

of active listings carry a price reduction, +3.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.2% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Ottumwa, IA? Inventory is up 22% from last year.

Buyers have leverage in Ottumwa, IA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
34%
Median Days on Market
54 days
Inventory YoY
+22%

In a buyer's market, strategy beats timing. See how your home scores in Ottumwa, IA and what moves the number.

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Metro Demographics

Metro Area
Ottumwa, IA
CBSA Code
36900
State
IA

ZIPs in Ottumwa, IA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Ottumwa?+

    As of the latest 2026 data, the Ottumwa metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 54.

  • Are home prices dropping in Ottumwa?+

    Median listing price is $154K, -9.9% year over year. 15.4% of active listings carry a price reduction.

  • How fast are homes selling in Ottumwa?+

    The typical listing sits 54 days on market, a +5.4% change YoY. New listings are arriving at 42 per month.

  • What's happening in the Ottumwa luxury market?+

    Average listing prices have declined by 13.1% over the past year, exceeding the 9.9% decline in median listing prices. However, the median price per square foot has only slightly decreased by 1.2% year-over-year. This suggests some softness at the higher price tiers, but without a significant divergence in $/sqft trends across segments, a distinct luxury-segment signal is not clearly indicated.

  • Where can I find a trusted Ottumwa real estate expert?+

    Primpted maintains a vetted registry of Ottumwa agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 36900 · 36mo history