Wellman Real Estate Market

Wellman Market

The median sale price for homes in Wellman over the last 12 months is $87,750.


The median mortgage debt is $73,279.

Additional Statistics for Single Family Homes and Condos in Wellman, IA
Wellman, IA Price Trends - Sold vs. Listed

The median sale price in October for single family homes is $115,500.

The price per square foot for sales in this area is $74.

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Wellman, IA Market Inventory Trends

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

  • Sold: Properties sold that month
  • New: Listings that are new on the market
  • Distressed: Listings that are short sales, bank owned, or up for auction.
  • Standard: Non-distressed listings
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    Wellman, IA Property Ownership

    The percent of unoccupied properties is very low in Wellman. It is -10.8% below the national average.

    The percent of owner occupied properties in Wellman is 13.46% above the national average.

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    Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

    Iowa Real Estate
    Wellman, IA Real Estate
    52356 Real Estate
    real estate market overview