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Oelwein IA Multi-family Properties For Sale

The median home value in Oelwein, IA is $84,900. This is lower than the county median home value of $118,200. The national median home value is $338,100. The average price of homes sold in Oelwein, IA is $84,900. Approximately 57.93% of Oelwein homes are owned, compared to 27.66% rented, while 14.41% are vacant. Oelwein real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Oelwein real estate agent to arrange a tour today!

Learn More About Oelwein Real Estate

Statistics & facts

5,961 Population
$84,900 Medium Home Value
2,494 # of Households
14.41% Housing Vacancy
38.84% Future Job Growth
2.60% Unemployment Rate


Population

Oelwein has a population of approximately 5,961 and experiences a population change rate of -10.92%. The population density is 1,232.9 / sq mi.

Household

The median household income for Oelwein is $38,325, with 2,494 households and an average household size of 2.34.

Cost of Living

The cost of living index in Oelwein is 78.3%.

Home Value

The median value of a home in Oelwein is $84,900 with an appreciation rate of 13.3%. 57.9% of housing in the city is owned while 27.7% is rented.

Employment

The unemployment rate in Oelwein is 2.60%, and recent job growth is at 2.82%. Future job growth is projected at 38.84%.

Taxes

The sales tax rate in Oelwein is 7.00%, while the income tax rate is 7.44%.

Education

School expenditures in Oelwein are $14,321, and the school ratio is 13.7:1.

Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 36.8 inches per year, with 34.6 inches of snow per year.

Education near Oelwein IA

Metric City County
High School Graduates 90.6 92.57
College Degree - 2 year 9.38 11.75
College Degree - 4 year 14.21 17.2
Graduate Degree 3.43 3.39
Expenditures per Student $14,321 $14,321
Students per Teacher 13.70 13.70

Elementary Schools near Oelwein IA

School Grades Students P/T Ratio ZIP
Fairbank Elementary School PK - 06 222 15.3 50629
Little Husky Learning Center PK - KG 185 22.6 50622
Parkside Elementary School 01 - 01 87 10.4 50662
Prairie Grove Elementary School KG - 08 34 17 50641
Rural Elementary School #1 KG - 08 39 26 50629
Rural Elementary School #2 KG - 08 34 22.7 50629
Rural Elementary School #3 KG - 08 29 29 50629
Rural Elementary School #4 KG - 08 31 31 50629
Triumph Elementary School KG - 08 49 24.5 50641
West Central K - 8 School PK - 08 195 13.2 50655
Wings Park Elementary School 02 - 05 366 13.2 50662

Middle Schools near Oelwein IA

School Grades Students P/T Ratio ZIP
North Fayette Elementary Fayette Center 05 - 06 105 11.3 52142
Oelwein Middle School 06 - 08 276 15 50662

High Schools near Oelwein IA

School Grades Students P/T Ratio ZIP
Northeast IOWA Charter High School 10 - 12 0 null 50655
Oelwein High School 09 - 12 385 14.9 50662
Wapsie Valley High School 07 - 12 269 12.5 50629
West Central Senior High School 09 - 12 81 7.6 50655

Top Zip Codes for real estate in Oelwein