Wellman, IA
Full City Profile · Iowa · Washington County County
3.2
/5.0
B
Good
1,539
Population
1,438/sq mi density
$56,696
Median Income
$30,774 per capita
$149,000
Home Value
$231,835 Zillow
$765
Median Rent
21.8% income on rent
49°F
Avg Temperature
275 sunny days/yr
541
Violent Crime/100K
946 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$56,696 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$149,000 home value, $765/mo rent
F
Safety
1.0 / 5.0
541 violent crimes/100K (42% above avg)
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher
Housing Overview
Median Home Value
$149,000
47% below
US avg: $281,900
Median Rent
$765/mo
34% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
652
Median year built: 1974
Home Value by Source
Census Median
$149,000
Zillow (ZHVI)
$231,835
Median Sale Price
$167,500
Median List Price
$242,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.9%
Owner-Occupied
29.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$765/mo
Market Indicators (Redfin)
Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$106
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
21.8%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
70.9%
Complete Housing Data
Home Values
| Census Median Value | $149,000 |
| Zillow Home Value (ZHVI) | $231,835 |
| Median Sale Price | $167,500 |
| Median List Price | $242,450 |
| Price Per Sq Ft | $106 |
Rent
| Census Median Rent | $765 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
| Days on Market | 102 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 1 |
| Price Per Sq Ft | $106 |
Ownership & Stock
| Owner-Occupied | 70.9% |
| Renter-Occupied | 29.1% |
| Homeownership Rate | 70.9% |
| Total Housing Units | 652 |
| Median Year Built | 1974 |
| Rent Burden | 21.8% |
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