Ottumwa, IA Real Estate
According to census data in the year 2000 there were 10,977 housing units in Ottumwa.
This represents a 0.6% growth from 10,912 in 1990.
Of those housing units, 10,732 were located in either urbanized areas or urban clusters, and 245 were located in what is classified as a rural area.
Homeownership rate in Ottumwa is about 71.6%.
Ottumwa's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Ottumwa were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 13.90% |
| Two Bedrooms | 40.50% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $47,900 |
| Median Price asked for vacant units | $34,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $332 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 44.10% |
| Debt Free | 48.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
