The housing market in Otter Creek, FL is vibrant and growing. The median value of houses in Otter Creek is $80,600, which is much lower than the US median house value of $338,100. This makes it an attractive option for those looking to buy a home in the area. Additionally, the 1 year house appreciation rate in Otter Creek is 15%, which is even higher than the US 1 year house appreciation rate of 8.27%. This indicates that housing values are rapidly increasing and provide a great investment opportunity for those looking to purchase a home in Otter Creek.
The median home cost in Otter Creek is $80,600. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Otter Creek is up 20.8%.
Average Age of Homes
- The median age of Otter Creek real estate is 78 years old
The Rental Market in Otter Creek
- Renters make up 0.0% of the Otter Creek population
- 0.0% of houses and apartments in Otter Creek, 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.