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WELLMAN, IA 52356

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

Market Analysis

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

The WELLMAN, IA real estate market (52356) currently shows 3 active listings, with 2 pending sales. Homes are averaging 132 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 132 days on market compared to 47 days last year.

The median listing price has risen 52.5% year-over-year, from $295,000 to $449,975.

Whether you are buying or selling in WELLMAN, 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: 2,577  ·  Density: 10.5/mi²  ·  Median household income: $57,193

Typical home value: $199,203  ·  Homeownership: 71.9%

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
2
67% pending ratio
Median Price
$449,975
⇧ 52.5% vs $295,000 last year
Average Price
$449,975
⇧ 52.1% vs $295,760 last year
Days on Market
132
⇧ 180.9% vs 47 days last year

Price Per Square Foot

Median $/sqft
$155
⇧ 42.2% vs $109/sqft last year
Median Home Size
3,028 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 132 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $449,975 (+52.5% YoY)
  • Average: $449,975 (+52.1% 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 — 838 listings ($342,114,038 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52356Wellman, IA 523560.0 mi6$2,205,450$340,000$367,575
52325Parnell, IA 523258.3 mi3$2,475,000$825,000$825,000
52335South English, IA 5233511.0 mi1$27,000$27,000$27,000
52327Riverside, IA 5232713.8 mi10$4,412,380$372,450$441,238
52361Williamsburg, IA 5236114.6 mi18$4,141,134$233,675$230,063
52308Millersburg, IA 5230817.5 mi1$250,000$250,000$250,000
52246Iowa City, IA 5224617.7 mi136$49,434,640$304,900$363,490
52334South Amana, IA 5233418.4 mi1$250,000$250,000$250,000
52241Coralville, IA 5224120.1 mi190$81,993,170$328,675$431,543
52240Iowa City, IA 5224021.0 mi126$56,011,914$328,460$444,539
52755Lone Tree, IA 5275521.4 mi7$2,046,100$202,500$292,300
52245Iowa City, IA 5224522.2 mi119$50,550,010$355,000$424,790
52317North Liberty, IA 5231722.8 mi220$88,317,240$322,400$401,442

Frequently Asked Questions

How many homes are for sale in WELLMAN, IA 52356?

As of March 2026, there are 3 active listings in WELLMAN, IA (zip code 52356), compared to 6 the prior year.

What is the median home price in WELLMAN, IA 52356?

The median listing price in WELLMAN, IA 52356 is $449,975 as of March 2026, a 52.5% increase from $295,000 the prior year.

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

Homes in WELLMAN, IA 52356 spend an average of 132 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in WELLMAN, IA 52356?

Based on current inventory and days-on-market data as of March 2026, WELLMAN, IA 52356 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 132 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WELLMAN, IA 52356 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $449,975. 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.