The housing market in Otsego, WI has seen a strong appreciation rate over the past year, as evidenced by the median value of $482,000 versus the US median of $338,100. The appreciation rate is even higher than for the US as a whole at 11.12%, versus 8.27%. This indicates that homes in Otsego are increasing in value more quickly than those elsewhere and points to a healthy, growing real estate market overall.
The median home cost in Otsego is $482,000. Home appreciation the last 10 years has been 71.7%. Home Appreciation in Otsego is up 15.4%.
Average Age of Homes
- The median age of Otsego real estate is 57 years old
The Rental Market in Otsego
- Renters make up 18.2% of the Otsego population
- 0.0% of houses and apartments in Otsego, 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.