Comprehensive market data and analysis• Updated Dec 2025
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 5 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | 4 | 6 |
| 5-10 acres | - | 1 | 1 | 3 |
| 10-20 acres | - | - | 1 | 4 |
| 20-50 acres | - | - | 5 | 7 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 2 | 13 | 28 |
Acreage buckets
The median price for land in Ottumwa, Iowa is currently $22K per acre. For a typical parcel, the median sale price is $195K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $71K while premium lots reached $368K.
Ottumwa, Iowa is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Ottumwa, Iowa currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Ottumwa, Iowa averages $53K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 5.1 acres.
The current absorption rate in Ottumwa, Iowa is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Land Guys, LLC of Iowa.
The median land price in Ottumwa, Iowa stands at $195K. This translates to roughly $22K per acre for the typical parcel size. The average price is $218K, indicating some higher-priced properties pulling up the average.
There are currently 18 active listings in Ottumwa, Iowa. 3 new listings have hit the market in the last 90 days. The median asking price is $106K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
