The housing market in Otis, KS is currently strong, with the median house value being at $73,400 and appreciation from last year at 12.03%. While this is significantly lower than the national median house value of $338,100 and appreciation rate of 8.27%, it still demonstrates a healthy market for Otis, KS residents looking to invest in real estate. Overall, it presents an excellent opportunity for potential buyers and investors alike to capitalize on increasing property values.
The median home cost in Otis is $73,400. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Otis is up 15.4%.
Average Age of Homes
- The median age of Otis real estate is 75 years old
The Rental Market in Otis
- Renters make up 15.8% of the Otis population
- 0.0% of houses and apartments in Otis, 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.