Wellman, IA Housing Market

The Wellman housing market is somewhat competitive. The median sale price of a home in Wellman was $120K last month, down 4.0% since last year. The median sale price per square foot in Wellman is $93, down 20.8% since last year.

Trends
Demand
Migration
Schools
Climate

Wellman Housing Market Trends

What is the housing market like in Wellman today?

In December 2024, Wellman home prices were down 4.0% compared to last year, selling for a median price of $120K.

$213K

Sale Price

-41.1%
since last year

$93

Sale $/Sq. Ft.

-20.8%
since last year

Under List Price

5.9%

Days on Market

Down Payment

—

Total Homes Sold

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

How hot is the Wellman housing market?

Wellman is somewhat competitive. Homes sell in 31 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 20 days.

Compare With Nearby Cities

Iowa City

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 34 days.

Coralville

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 77 days.
Hot homes
can sell for around list price and go pending in around 34 days.

See more nearby cities and neighborhoods

Wellman 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 Wellman that sold recently

Recently sold homes

SOLD FEB 13, 2025
$100,000
3 beds
4 baths
1,976 sq ft
1477 480th St SW, Wellman, IA 52356
List Price
—
Sale to List
—
Days on Market
—
1477 480th St SW, Wellman, IA 52356
SOLD FEB 7, 2025
$135,675 Last Sold Price
3 beds
1 bath
1,798 sq ft
1114 7th Ave, Wellman, IA 52356
List Price
$135,675
Sale to List
0% over list
Days on Market
128 days
1114 7th Ave, Wellman, IA 52356
SOLD JAN 21, 2025
$550,000 Last Sold Price
3 beds
2 baths
2,473 sq ft
1289 480th St St SW, Wellman, IA 52356
List Price
$599,900
Sale to List
8% under list
Days on Market
137 days
1289 480th St St SW, Wellman, IA 52356
SOLD DEC 23, 2024
$40,000
—beds
—baths
—sq ft
1108 8th St, Wellman, IA 52356
List Price
—
Sale to List
—
Days on Market
—
1108 8th St, Wellman, IA 52356
SOLD DEC 19, 2024
$40,000 Last Sold Price
—beds
—baths
—sq ft
1108 8th Ave, Wellman, IA 52356
List Price
$42,500
Sale to List
6% under list
Days on Market
87 days
1108 8th Ave, Wellman, IA 52356
SOLD DEC 11, 2024
$103,000 Last Sold Price
5 beds
1 bath
1,727 sq ft
600 8th Ave, Wellman, IA 52356
List Price
$109,500
Sale to List
6% under list
Days on Market
128 days
600 8th Ave, Wellman, IA 52356
SOLD DEC 10, 2024
$120,000 Last Sold Price
2 beds
1 bath
1,023 sq ft
216 5th St, Wellman, IA 52356
List Price
$125,000
Sale to List
4% under list
Days on Market
70 days
216 5th St, Wellman, IA 52356
SOLD DEC 6, 2024
$29,000 Last Sold Price
—beds
—baths
—sq ft
102 5th St, Wellman, IA 52356
List Price
$29,000
Sale to List
0% over list
Days on Market
2 days
102 5th St, Wellman, IA 52356
See all recently sold homes in Wellman.
See listings

Schools in Wellman

Learn about schools in the Wellman area

Elementary
Middle
High

GreatSchools Rating

4/10

Wellman Elementary School

Public • PreK-4

317

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 Wellman housing

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

Wind Factor - Minor

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

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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