Real Estate Investing in Wellman, Iowa

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1 ZIP codes • Population: 2,754 • Washington County

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Should you buy in Wellman, IA? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Wellman, IA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $255,353
Avg Monthly Rent $900
ZIP Codes 1

Investing in Wellman Real Estate

With a sizable population across 1 ZIPs, Wellman shows the kind of muted fundamentals that keep most out-of-state capital on the sidelines.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Wellman is in that category.

Market conditions in Wellman are subdued. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Wellman show real pressure — median income of $N/AK is soft relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Iowa City, IA

Wellman is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$255,353
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (IA)

📉 Market Crash Risk Index

Based on Iowa City, IA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
1/2
49 days

View all metro crash risk rankings →

⚖️ Balanced Market — Iowa City, IA metro
49
Days to pending
7.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Wellman, IA

Screen every ZIP in Wellman

Filter Wellman’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Wellman, IA

Is Wellman in IA worth investing in?

Investors tracking Wellman, IA will find a 3.0/5 rating supported by $255K median home values and $900/mo rents. That profile suits long-term holders targeting predictable returns.

How landlord-friendly is Wellman, IA?

The landlord environment in Wellman, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Do landlords face vacancy issues in Wellman, IA?

Rental vacancy in Wellman, IA is elevated. Investors should budget normal turnover but not chronic empty units.

Does house hacking make sense in Wellman, IA?

House hacking works a challenging in Wellman, IA. Rents of $900/mo against $255K acquisition make the strategy solid for owner-occupants.

What real estate strategy is ideal for Wellman, IA?

Wellman, IA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($255K prices, $900/mo rents) make it a reasonable choice.

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