The median value of housing in Otisco, MI is $260,300, which is significantly lower than the US House median value of $338,100. However, the one year appreciation rate for homes in Otisco is actually higher than that of the US at 8.98%. This suggests that there could be an opportunity for investment in this particular area as values are still relatively low but increasing quickly.
The median home cost in Otisco is $260,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Otisco is up 12.2%.
Average Age of Homes
- The median age of Otisco real estate is 43 years old
The Rental Market in Otisco
- Renters make up 10.8% of the Otisco population
- 0.0% of houses and apartments in Otisco, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.