Oelwein, IA Housing Market

Homes for sale

The Oelwein housing market is somewhat competitive. The median sale price of a home in Oelwein was $73K last month, down 32.9% since last year. The median sale price per square foot in Oelwein is $50, down 35.1% since last year.

Trends
Demand
Migration
Schools
Climate

Oelwein Housing Market Trends

What is the housing market like in Oelwein today?

$73K

Sale Price

-32.9%
since last year

$50

Sale $/Sq. Ft.

-35.1%
since last year

Under List Price

6.2%

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 53 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 25 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 6 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 16 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 18, 2025
$130,000 Last Sold Price
3 beds
1 bath
960 sq ft
509 3rd Ave Ave SE, Oelwein, IA 50662
List Price
$130,000
Sale to List
0% over list
Days on Market
38 days
509 3rd Ave Ave SE, Oelwein, IA 50662
SOLD JUL 16, 2025
$230,000 Last Sold Price
3 beds
2 baths
1,456 sq ft
911 3rd Ave Ave NE, Oelwein, IA 50662
List Price
$229,000
Sale to List
0% over list
Days on Market
76 days
911 3rd Ave Ave NE, Oelwein, IA 50662
SOLD JUL 16, 2025
$136,000 Last Sold Price
3 beds
1 bath
1,256 sq ft
20 Hillside Drive West Dr, Oelwein, IA 50662
List Price
$140,000
Sale to List
3% under list
Days on Market
155 days
20 Hillside Drive West Dr, Oelwein, IA 50662
SOLD JUL 16, 2025
$171,000 Last Sold Price
3 beds
2 baths
1,548 sq ft
511 5th St St SE, Oelwein, IA 50662
List Price
$179,000
Sale to List
4% under list
Days on Market
54 days
511 5th St St SE, Oelwein, IA 50662
SOLD JUL 11, 2025
$160,000 Last Sold Price
4 beds
2 baths
1,719 sq ft
1324 1st Street St SE, Oelwein, IA 50662
List Price
$169,000
Sale to List
5% under list
Days on Market
142 days
1324 1st Street St SE, Oelwein, IA 50662
SOLD JUL 11, 2025
$96,000 Last Sold Price
3 beds
2.5 baths
864 sq ft
529 5th Ave Ave SE, Oelwein, IA 50662
List Price
$94,900
Sale to List
1% over list
Days on Market
67 days
529 5th Ave Ave SE, Oelwein, IA 50662
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
$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
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

New Listings in Oelwein

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