The housing in Otho, IA is very attractive due to its median value of $105,000, which is considerably lower than the US median house value of $338,100. Additionally, it has outperformed the US 1 year house appreciation rate of 8.27%, with a rate of 9.93% for this same period. This could be an indication that Otho, IA is a great place to invest in property as it offers affordability and potential for appreciation.
The median home cost in Otho is $105,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Otho is up 14.4%.
Average Age of Homes
- The median age of Otho real estate is 52 years old
The Rental Market in Otho
- Renters make up 26.1% of the Otho population
- 0.0% of houses and apartments in Otho, 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.