Oelwein, IA Real Estate

According to census data in the year 2000 there were 3,046 housing units in Oelwein. This represents a 4.4% growth from 2,918 in 1990.

Of those housing units, 2,940 were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.

Homeownership rate in Oelwein is about 72.7%. Oelwein's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Oelwein were built after 1949.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom11.10%
Two Bedrooms28.40%
Three Bedrooms46.20%
Four Bedrooms10.40%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1949
Median Value of occupied units$53,300
Median Price asked for vacant units$46,300

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1949
Median Monthly Rent asked for vacant units$328

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan5.90%
Simple Mortgage43.10%
Debt Free47.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%