Otisville, MI is a great place to live with its housing median value of $191,100 and the US house median value being $338,100. Over the past year, the US has experienced a 8.27% appreciation in house prices while Otisville has experienced an even higher 6.41% appreciation rate. This makes it an attractive place for those looking for great value in a home. Not only that but with relatively low property taxes compared to other nearby cities, Otisville is becoming increasingly popular amongst prospective home buyers as well as young professionals and families alike.
The median home cost in Otisville is $191,100. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Otisville is up 12.8%.
Average Age of Homes
- The median age of Otisville real estate is 58 years old
The Rental Market in Otisville
- Renters make up 19.6% of the Otisville population
- 0.0% of houses and apartments in Otisville, 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.