Is it a buyer's or a seller's market? Six dials, updated monthly — speed, supply and seller behaviour, not just prices.
Sellers are cutting prices on about 1 in 5 Ottumwa listings, and the typical home goes pending in 40 days — the market is roughly in balance.
Zillow's own model expects Ottumwa home values to change +0.6% over the year to Sep 2027. A forecast, not a promise — it is revised every month, and Zillow publishes it with that caveat.
to buy the typical home at today's mortgage rate — +$354 (+112%) since Jan 2020.
- 1 year
- Up $2,990 +2%
- $124,906$127,896 since Sep 2025
- 5 years
- Up $28,161 +28%
- $99,735$127,896 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Ottumwa$671
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Ottumwa, IA rose 2.4% over the past year — faster than the nation's +1.2%.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Ottumwa22.19%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Ottumwa40
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Ottumwa159
New listings per month
Sellers arriving at the market.
- Ottumwa45
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Ottumwa$138,310
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Ottumwa96.24%