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Land and home values in Wapello County, Iowa

Wapello County (small town, Ottumwa, IA) covers 432 square miles and 11 census tracts. Residential land is about $1.68 per sq ft at the county median, from $0.96 in its most rural tracts to $2.69 in its most valuable. The typical home is worth about $138,000 and a 2-bedroom rents for about $1,080 a month, as of October 12, 2026.

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County values

Land: residential$1.68per sq ft
Land: residential$73,268per acre
Land: quarter-acre lot$18,31710,890 sq ft
Land: farmland$7,570per acre
Home: typical (median)$138,000value
Home: entry-level$82,400lower quartile
Home: upper-end$186,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$830per month
Rent: 2-bedroom$1,080per month
Rent: 3-bedroom$1,380per month
Rent: 4-bedroom$1,490per month
Gross yield, 2-bed9.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town8$1.59$119,000$1,080
Rural2$2.56$215,000$1,060
Farmland1$2.69$219,000$1,060

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
KirkvilleTown$2.08$102,000
AgencyTown$1.79$173,000
EddyvilleTown$1.69$114,000
EldonTown$1.53$66,500
BlakesburgTown$1.51$94,200
Leisure Living EstatesSubdivision$1.48$123,000
Redwood VillageSubdivision$1.46$120,000
Skyline Mobile ParkSubdivision$1.41$115,000

Questions people ask

How much is land worth in Wapello County, IA?

Residential land in Wapello County, IA is about $1.68 per square foot, or $73,268 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $18,317. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Wapello County, IA?

The typical (median) home in Wapello County, IA is worth about $138,000, with entry-level homes around $82,400 and upper-end homes around $186,000, as of October 2026.

How much is rent in Wapello County, IA?

A 2-bedroom rents for about $1,080 a month in Wapello County, IA, a 1-bedroom about $830 and a 3-bedroom about $1,380 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Wapello County, IA?

Farmland averages about $7,570 an acre in Wapello County, IA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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