Wellman, IA Housing Market
The Wellman housing market is somewhat competitive. The median sale price of a home in Wellman was $213K last month, down 41.1% since last year. The median sale price per square foot in Wellman is $93, down 20.8% since last year.
Wellman Housing Market Trends
In February 2025, Wellman home prices were down 41.1% compared to last year, selling for a median price of $213K.
since last year
since last year

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How hot is the Wellman housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 31 days.
- Hot homescan sell for around list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 59 days.
- Hot homescan sell for around list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 1% below list price and go pending in around 77 days.
- Hot homescan sell for around list price and go pending in around 31 days.
Wellman Migration & Relocation Trends
View houses in Wellman that sold recently
Recently sold homes
- $100,0003 beds4 baths1,976 sq ft1477 480th St SW, Wellman, IA 52356List Price—Sale to List—Days on Market—1477 480th St SW, Wellman, IA 52356
- $135,675 Last Sold Price3 beds1 bath1,798 sq ft1114 7th Ave, Wellman, IA 52356List Price$135,675Sale to List0% over listDays on Market128 days1114 7th Ave, Wellman, IA 52356
- $550,000 Last Sold Price3 beds2 baths2,473 sq ft1289 480th St St SW, Wellman, IA 52356List Price$599,900Sale to List8% under listDays on Market137 days1289 480th St St SW, Wellman, IA 52356
- $40,000—beds—baths—sq ft1108 8th St, Wellman, IA 52356List Price—Sale to List—Days on Market—1108 8th St, Wellman, IA 52356
- $40,000 Last Sold Price—beds—baths—sq ft1108 8th Ave, Wellman, IA 52356List Price$42,500Sale to List6% under listDays on Market87 days1108 8th Ave, Wellman, IA 52356
- $103,000 Last Sold Price5 beds1 bath1,727 sq ft600 8th Ave, Wellman, IA 52356List Price$109,500Sale to List6% under listDays on Market128 days600 8th Ave, Wellman, IA 52356
- $120,000 Last Sold Price2 beds1 bath1,023 sq ft216 5th St, Wellman, IA 52356List Price$125,000Sale to List4% under listDays on Market70 days216 5th St, Wellman, IA 52356
- $230,000 Last Sold Price4 beds3.5 baths2,865 sq ft315 7th Ave, Wellman, IA 52356List Price$240,000Sale to List4% under listDays on Market45 days315 7th Ave, Wellman, IA 52356
See all recently sold homes in Wellman.
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Schools in Wellman
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Wellman Elementary School Public • PreK-4 | 317 Students | N/A |
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.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Moderate
Heat Factor

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