Call or Text (240) SELL-123

WELLMAN, IA 52356

Real Estate Market Report  ·  Washington County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WELLMAN, IA real estate market (52356) currently shows 6 active listings, with 4 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 119 days on market compared to 42 days last year.

The median listing price has risen 57.2% year-over-year, from $216,250 to $340,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WELLMAN, IA 52356 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
6
⇧ 20% vs 5 last year
Pending
4
67% pending ratio
Median Price
$340,000
⇧ 57.2% vs $216,250 last year
Average Price
$367,575
⇧ 35.3% vs $271,653 last year
Days on Market
119
⇧ 183.3% vs 42 days last year

Price Per Square Foot

Median $/sqft
$125
⇧ 15.7% vs $108/sqft last year
Median Home Size
2,701 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 5 last year
  • Days on market: 119 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $340,000 (+57.2% YoY)
  • Average: $367,575 (+35.3% 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 — 607 listings ($249,355,000 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52356Wellman, IA 523560.0 mi5$1,625,350$295,000$325,070
52325Parnell, IA 523258.3 mi2$1,232,500$616,250$616,250
52316North English, IA 5231613.4 mi5$910,000$220,000$182,000
52353Washington, IA 5235313.9 mi40$8,383,480$199,900$209,587
52322Oxford, IA 5232215.6 mi1$351,250$351,250$351,250
52235Hills, IA 5223517.6 mi3$922,485$307,495$307,495
52236Homestead, IA 5223617.8 mi1$79,900$79,900$79,900
52334South Amana, IA 5233418.4 mi1$250,000$250,000$250,000
52241Coralville, IA 5224120.1 mi159$70,601,088$329,900$444,032
52240Iowa City, IA 5224021.0 mi112$50,261,232$333,267$448,761
52755Lone Tree, IA 5275521.4 mi6$1,828,800$187,500$304,800
52245Iowa City, IA 5224522.2 mi105$41,646,675$346,000$396,635
52317North Liberty, IA 5231722.8 mi167$71,262,240$399,900$426,720

Frequently Asked Questions

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

As of February 2026, there are 6 active listings in WELLMAN, IA (zip code 52356), compared to 5 the prior year.

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

The median listing price in WELLMAN, IA 52356 is $340,000 as of February 2026, a 57.2% increase from $216,250 the prior year.

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

Homes in WELLMAN, IA 52356 spend an average of 119 days on the market before going under contract, compared to 42 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 February 2026, WELLMAN, IA 52356 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 119 days on market compared to 42 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 $6,800 compared to a typical 5% commission on the median listing price of $340,000. 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.