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OELWEIN, IA 50662

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The OELWEIN, IA real estate market (50662) currently shows 43 active listings, with 15 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 68 days on market compared to 84 days last year.

The median listing price has fallen 15.2% year-over-year, from $155,950 to $132,225.

Whether you are buying or selling in OELWEIN, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,499  ·  Density: 35.6/mi²  ·  Median household income: $42,348

Typical home value: $108,902  ·  Homeownership: 75.3%

Market Overview

Active Listings
43
vs 43 last year
Pending
15
35% pending ratio
Median Price
$132,225
⇩ 15.2% vs $155,950 last year
Average Price
$147,491
⇩ 10.4% vs $164,582 last year
Days on Market
68
⇩ 19% vs 84 days last year

Price Per Square Foot

Median $/sqft
$91
⇩ 5.2% vs $96/sqft last year
Median Home Size
1,364 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 68 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $132,225 (-15.2% YoY)
  • Average: $147,491 (-10.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.8 miles — 236 listings ($46,907,575 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50662Oelwein, IA 506620.0 mi45$6,179,400$115,000$137,320
50641Hazleton, IA 506416.3 mi3$1,402,350$467,450$467,450
50629Fairbank, IA 506298.1 mi4$928,820$216,200$232,205
52164Randalia, IA 5216411.5 mi2$649,050$314,675$324,525
50626Dunkerton, IA 5062614.1 mi6$1,618,698$289,567$269,783
50644Independence, IA 5064414.6 mi32$8,042,432$246,050$251,326
52169Wadena, IA 5216917.8 mi1$439,000$439,000$439,000
50648Jesup, IA 5064818.2 mi20$6,379,920$317,475$318,996
50703Waterloo, IA 5070320.2 mi69$7,866,000$84,500$114,000
50622Denver, IA 5062220.3 mi11$3,911,556$309,250$355,596
50667Raymond, IA 5066721.1 mi3$729,975$243,325$243,325
52175West Union, IA 5217521.9 mi11$2,697,431$229,225$245,221
50707Evansdale, IA 5070722.8 mi29$6,062,943$202,225$209,067

Frequently Asked Questions

How many homes are for sale in OELWEIN, IA 50662?

As of July 2026, there are 43 active listings in OELWEIN, IA (zip code 50662), compared to 43 the prior year.

What is the median home price in OELWEIN, IA 50662?

The median listing price in OELWEIN, IA 50662 is $132,225 as of July 2026, a 15.2% decrease from $155,950 the prior year.

How long do homes stay on the market in OELWEIN, IA?

Homes in OELWEIN, IA 50662 spend an average of 68 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in OELWEIN, IA 50662?

Based on current inventory and days-on-market data as of July 2026, OELWEIN, IA 50662 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 68 days on market compared to 84 days last year.

How much can I save on real estate commission in OELWEIN, IA?

With SELL123.com's maximum 3% commission, sellers in OELWEIN, IA 50662 save an estimated $2,645 compared to a typical 5% commission on the median listing price of $132,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.