Cities with the fastest growing home prices in Ottumwa metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Ottumwa, IA metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 9 cities and towns with data available were included in the list.

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1 / 9

#9. Pulaski, IA

- 1-year price change: +$7,019 (+7.1%)
- 5-year price change: +$13,730 (+14.9%)
- Typical home value: $106,152 (#7 most expensive city in metro)

Stacker

2 / 9

#8. Ottumwa, IA

- 1-year price change: +$8,120 (+9.9%)
- 5-year price change: +$17,926 (+24.8%)
- Typical home value: $90,262 (#8 most expensive city in metro)

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3 / 9

#7. Eldon, IA

- 1-year price change: +$8,355 (+12.9%)
- 5-year price change: +$14,624 (+25.0%)
- Typical home value: $73,108 (#9 most expensive city in metro)

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4 / 9

#6. Eddyville, IA

- 1-year price change: +$11,781 (+9.5%)
- 5-year price change: +$26,086 (+23.9%)
- Typical home value: $135,389 (#4 most expensive city in metro)

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5 / 9

#5. Agency, IA

- 1-year price change: +$11,835 (+10.0%)
- 5-year price change: +$23,588 (+22.1%)
- Typical home value: $130,478 (#6 most expensive city in metro)

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6 / 9

#4. Bloomfield, IA

- 1-year price change: +$15,761 (+10.4%)
- 5-year price change: +$41,906 (+33.3%)
- Typical home value: $167,889 (#2 most expensive city in metro)

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#3. Floris, IA

- 1-year price change: +$16,360 (+14.1%)
- 5-year price change: +$15,102 (+12.9%)
- Typical home value: $132,280 (#5 most expensive city in metro)

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8 / 9

#2. Blakesburg, IA

- 1-year price change: +$16,617 (+11.0%)
- 5-year price change: +$39,137 (+30.5%)
- Typical home value: $167,430 (#3 most expensive city in metro)

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#1. Drakesville, IA

- 1-year price change: +$19,070 (+11.6%)
- 5-year price change: +$44,349 (+32.0%)
- Typical home value: $183,099 (#1 most expensive city in metro)