The housing market in Oto, IA is an attractive option for those seeking to purchase a home. The median value of housing in Oto is $141,800, much lower than the US median value of $338,100. Over the past year, house appreciation in Oto has been 10.62%, which is higher than the 8.27% growth rate observed nationally. This makes now an ideal time to invest in property in Oto and take advantage of these favorable conditions.
The median home cost in Oto is $141,800. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Oto is up 12.4%.
Average Age of Homes
- The median age of Oto real estate is 64 years old
The Rental Market in Oto
- Renters make up 15.3% of the Oto population
- 0.0% of houses and apartments in Oto, 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.