Otterville, MO is a great place to invest in real estate. The median housing value in Otterville is $159,000, which is significantly lower than the US house median value of $338,100. Additionally, the 1 year appreciation rate of houses in Otterville is 13.45%, which is higher than the US average of 8.27%. This makes Otterville an ideal place to purchase a home or investment property due to its affordability and potential for increased value.
The median home cost in Otterville is $159,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Otterville is up 17.1%.
Average Age of Homes
- The median age of Otterville real estate is 60 years old
The Rental Market in Otterville
- Renters make up 33.0% of the Otterville population
- 2.2% of houses and apartments in Otterville, 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.