Housing in Oelwein, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$109,676

Oelwein vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Oelwein is highlighted.

Median Home Value

Median Rent

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$96,800

Median Rent

$762

Total Housing Units

2,911

Vacancy Rate

12.8%

Owner Occupied

76.8%

Renter Occupied

23.2%

Median Property Tax

$1,533

per year

Monthly Cost (w/ Mortgage)

$838

Housing Types

Single Family
83.0%
Multi-Family
14.6%
Mobile Home
2.4%

The median home value in Oelwein, IA is $96,800. According to Zillow, the home value index for Oelwein is $109,676. The median rent is $762 per month (Census ACS). About 76.8% of housing units are owner-occupied. The median year homes were built is 1949. There are 2,911 total housing units.