2 bedroom homes for sale in Oelwein, IA

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Oelwein, IA Real Estate Market Overview

The inventory of homes for sale in Oelwein, IA between March 2025 and April 2025 decreased by 50%. Listings spent 53 days on the market in April 2025, and had a median list price of $156,950 during the same period.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Oelwein, IA

Oelwein is located in Fayette County, Iowa. There are roughly 2,931 residents, living in 1,266 households. The average temperature for Oelwein this time of the year is low of 47F and high of 70F. On average, Oelwein gets about 3.99 inches of precipitation in May. Most residents are home owners (70%), have a high school diploma (60%) and are single, no kids (43%).

Data provided by Home Junction

Schools near Oelwein, IA

Elementary Schools

  • Wings Park Elementary School

    111 8th Ave NE

    Public District 1-4

Middle Schools

  • Oelwein Middle School

    300 12th Ave SE

    Public District 5-8

High Schools

  • Oelwein High School

    315 8th Ave SE

    Public District 9-12

Data provided by Great Schools

Housing market reports in Fayette County

Top real estate cities in Iowa

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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