Is Oelwein, IA 50662 a buyer’s or seller’s market?
Oelwein is a seller’s market. With about 3.7 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list28%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$68▼ −31.6% vs. last year
Run the numbers for 50662
Nearby markets
Arlington 50606 — /sq ftClermont 52135 $74 /sq ftElgin 52141Seller’s market $99 /sq ftFayette 52142Seller’s market $105 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology