Oelwein, IA Housing Market

Homes for sale

The Oelwein housing market is somewhat competitive. The median sale price of a home in Oelwein was $68K last month, down 37.5% since last year. The median sale price per square foot in Oelwein is $53, down 31.2% since last year.

Trends
Demand
Migration
Schools
Climate

Oelwein Housing Market Trends

What is the housing market like in Oelwein today?

$68K

Sale Price

-37.5%
since last year

$53

Sale $/Sq. Ft.

-31.2%
since last year

Under List Price

6.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Oelwein and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oelwein add value to a home.

How hot is the Oelwein housing market?

Oelwein is somewhat competitive. Homes sell in 51 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 24 days.

Compare With Nearby Cities

Waterloo

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 7 days.
Hot homes
can sell for about 2% above list price and go pending in around 2 days.

Independence

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 18 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Oelwein Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Oelwein that sold recently

Recently sold homes

SOLD JUL 1, 2025
$65,000 Last Sold Price
3 beds
1 bath
1,374 sq ft
806 NE 1st Ave, Oelwein, IA 50662
List Price
$65,000
Sale to List
0% over list
Days on Market
127 days
806 NE 1st Ave, Oelwein, IA 50662
SOLD JUN 30, 2025
$160,000 Last Sold Price
—beds
—baths
2,580 sq ft
228 4th St. St NE, Oelwein, IA 50662
List Price
$179,900
Sale to List
11% under list
Days on Market
59 days
228 4th St. St NE, Oelwein, IA 50662
SOLD JUN 30, 2025
$78,000 Last Sold Price
—beds
—baths
4,378 sq ft
208 2nd St St SE, Oelwein, IA 50662
List Price
$89,000
Sale to List
12% under list
Days on Market
434 days
208 2nd St St SE, Oelwein, IA 50662
SOLD JUN 30, 2025
$40,000 Last Sold Price
3 beds
1 bath
840 sq ft
235 Lincoln Dr Dr NE, Oelwein, IA 50662
List Price
$45,000
Sale to List
11% under list
Days on Market
41 days
235 Lincoln Dr Dr NE, Oelwein, IA 50662
SOLD JUN 25, 2025
$132,000 Last Sold Price
2 beds
2 baths
1,016 sq ft
522 3rd Ave Ave NW, Oelwein, IA 50662
List Price
$130,000
Sale to List
2% over list
Days on Market
47 days
522 3rd Ave Ave NW, Oelwein, IA 50662
SOLD JUN 24, 2025
$138,500 Last Sold Price
2 beds
2 baths
960 sq ft
801 3rd Ave Ave NE, Oelwein, IA 50662
List Price
$139,000
Sale to List
0% under list
Days on Market
77 days
801 3rd Ave Ave NE, Oelwein, IA 50662
SOLD JUN 23, 2025
$68,000 Last Sold Price
3 beds
2.5 baths
1,276 sq ft
919 SW 1st St, Oelwein, IA 50662
List Price
$73,000
Sale to List
7% under list
Days on Market
48 days
919 SW 1st St, Oelwein, IA 50662
SOLD JUN 16, 2025
$42,000 Last Sold Price
2 beds
1.5 baths
979 sq ft
4 7th Ave Ave NW, Oelwein, IA 50662
List Price
$55,000
Sale to List
24% under list
Days on Market
144 days
4 7th Ave Ave NW, Oelwein, IA 50662
See all recently sold homes in Oelwein.
See listings

Schools in Oelwein

Learn about schools in the Oelwein area

Elementary
Middle
High

GreatSchools Rating

4/10 Wings Park Elementary School Public • 1-4	345 Students	1 reviews
2/10 Oelwein Middle School Public • 5-8	359 Students	5 reviews
1/10 Oelwein Online School Public • PreK-12	142 Students	N/A
NR Parkside Elementary School Public • 1	77 Students	N/A
NR Little Husky Learning Center Public • PreK-K	185 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Oelwein housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oelwein.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

98% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Oelwein

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