The housing market in Otter, KS has been thriving over the past year. The median value of a house in Otter is $420,100 which is significantly higher than the US House median value of $338,100. The US 1 year House Appreciation rate was 8.27%, however, the appreciation rate in Otter was even higher at 14.42%. This indicates that investing in real estate in Otter appears to be a wise choice as it offers strong potential for appreciation.
The median home cost in Otter is $420,100. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Otter is up 14.9%.
Average Age of Homes
- The median age of Otter real estate is 78 years old
The Rental Market in Otter
- Renters make up 87.5% of the Otter population
- 4.7% of houses and apartments in Otter, 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.