The housing market in Otselic, NY is relatively affordable compared to the national average. The median house value in Otselic is $106,900, which is significantly lower than the US median house value of $338,100. Furthermore, the 1-year appreciation rate for housing was 10.21%, which is slightly higher than the US rate of 8.27%. This suggests that there is potential for further growth and investment in Otselic's housing market in the near future.
The median home cost in Otselic is $106,900. Home appreciation the last 10 years has been 62.4%. Home Appreciation in Otselic is up 16.6%.
Average Age of Homes
- The median age of Otselic real estate is 64 years old
The Rental Market in Otselic
- Renters make up 19.5% of the Otselic population
- 0.0% of houses and apartments in Otselic, 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.