Similar to nearby areas, it's a lot less expensive compared to the entire country. It is a lot less expensive compared to the city of Des Moines.
Home prices
The median home value in Ottumwa is $74,100. This is roughly $3,220 (4%) higher in comparison to other places in this area.It is roughly $143,400 (65%) lower in comparison to the entire nation, and is roughly $59,100 (44%) lower in comparison to the city of Des Moines.
Rents
In Ottumwa the median rent is $727 a month. Compared to its surrounding areas this is roughly $73 (11%) higher.In comparison to the United States as a whole it is about $335 (31%) lower, and in comparison to the city of Des Moines it is approximately $128 (14%) lower.
Nearby places
Agency
Agency is approximately 5 miles east from Ottumwa. Its housing prices are a little more expensive. The value of the median home in Agency is $89,000, which works out to $14,900 (16%) higher than Ottumwa. Rent there is a little less expensive. In Agency the median rent is $602 a month, which comes out to $125 (20%) lower than Ottumwa.
Kirkville
Kirkville is roughly 9 miles northwest from Ottumwa. Real estate prices there are substantially less expensive. Kirkville's median home cost is $52,300, which comes out to $21,800 (41%) lower than Ottumwa. Rents there are a bit more expensive. In Kirkville the median monthly rent is $906, which is $179 (19%) higher than Ottumwa.
Blakesburg
Blakesburg is roughly 10 miles west from Ottumwa. Real estate prices there are a bit less expensive. The median home value in Blakesburg is $68,600, which works out to $5,500 (8%) lower than Ottumwa. The rent there is significantly less expensive. In Blakesburg the median monthly rent is $506, which is $221 (43%) lower than Ottumwa.
Floris
Floris is approximately 11 miles south from Ottumwa. Its real estate prices are somewhat less expensive. Floris's median home price is $67,500, which is $6,600 (9%) lower than Ottumwa. Rents there are fairly similar. The median monthly rent in Floris is $725, which is very similar to Ottumwa.
Hedrick
Hedrick is approximately 11 miles northeast of Ottumwa. The housing prices there are similar. The value of the median home in Hedrick is $77,000, which is $2,900 (3%) higher than Ottumwa. Its rents are significantly less expensive. The median monthly rent in Hedrick is $530, which is $197 (37%) lower than Ottumwa.