Oelwein, IA Housing Market

Homes for sale

The Oelwein housing market is somewhat competitive. The median sale price of a home in Oelwein was $81.5K last month, down 24.9% since last year. The median sale price per square foot in Oelwein is $79, down 3.7% since last year.

Trends
Demand
Migration
Schools
Climate

Oelwein Housing Market Trends

What is the housing market like in Oelwein today?

$81.5K

Sale Price

-24.9%
since last year

$79

Sale $/Sq. Ft.

-3.7%
since last year

Under List Price

3.8%

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 64 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 23 days.

Compare With Nearby Cities

Waterloo

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 19 days.
Hot homes
can sell for around list price and go pending in around 5 days.

Independence

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 6 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 DEC 15, 2025
$165,000 Last Sold Price
3 beds
2 baths
1,144 sq ft
1204 1st St St NE, Oelwein, IA 50662
List Price
$170,000
Sale to List
3% under list
Days on Market
40 days
1204 1st St St NE, Oelwein, IA 50662
SOLD DEC 10, 2025
$50,000 Last Sold Price
—beds
—baths
2,832 sq ft
407-409 N Frederick Ave, Oelwein, IA 50662
List Price
$59,900
Sale to List
17% under list
Days on Market
37 days
407-409 N Frederick Ave, Oelwein, IA 50662
SOLD DEC 8, 2025
$70,150 Last Sold Price
3 beds
1.5 baths
1,509 sq ft
410 1st Ave Ave NW, Oelwein, IA 50662
List Price
$68,000
Sale to List
3% over list
Days on Market
38 days
410 1st Ave Ave NW, Oelwein, IA 50662
SOLD DEC 5, 2025
$12,000 Last Sold Price
—beds
—baths
—sq ft
12th Ave SW Lots 2016 & 2004, Oelwein, IA 50662
List Price
$15,000
Sale to List
20% under list
Days on Market
128 days
12th Ave SW Lots 2016 & 2004, Oelwein, IA 50662
SOLD DEC 5, 2025
3D WALKTHROUGH
$195,000 Last Sold Price
3 beds
3 baths
1,965 sq ft
45 7th Ave SE, Oelwein, IA 50662
List Price
$199,000
Sale to List
2% under list
Days on Market
134 days
45 7th Ave SE, Oelwein, IA 50662
SOLD DEC 4, 2025
$91,000 Last Sold Price
3 beds
1.5 baths
1,152 sq ft
534 SE 4th Ave, Oelwein, IA 50662
List Price
$94,900
Sale to List
4% under list
Days on Market
175 days
534 SE 4th Ave, Oelwein, IA 50662
SOLD NOV 26, 2025
$81,500 Last Sold Price
2 beds
1 bath
850 sq ft
418 NW 1st Ave, Oelwein, IA 50662
List Price
$86,925
Sale to List
6% under list
Days on Market
100 days
418 NW 1st Ave, Oelwein, IA 50662
SOLD NOV 25, 2025
$75,000 Last Sold Price
3 beds
1.5 baths
1,409 sq ft
33 5th Ave Ave SE, Oelwein, IA 50662
List Price
$75,000
Sale to List
0% over list
Days on Market
33 days
33 5th Ave Ave SE, 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
3/10 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

New Listings in Oelwein

Zip Code Housing Markets

50662 Housing Market

Nearby City Housing Markets

Zip Code Listings

50662 Real Estate

Nearby City Listings

Rentals

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