The housing market in Otto, PA is very desirable. The median house value in Otto is $102,700, which is significantly lower than the US median of $338,100. Additionally, the one-year appreciation rate for homes in Otto is 10.35%, higher than the national average of 8.27%. This indicates that the housing market in Otto is strong and growing steadily. With its low prices and high appreciation rate, many people are choosing to buy a home in Otto rather than other parts of the country.
The median home cost in Otto is $102,700. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Otto is up 14.3%.
Average Age of Homes
- The median age of Otto real estate is 75 years old
The Rental Market in Otto
- Renters make up 16.4% of the Otto population
- 0.0% of houses and apartments in Otto, 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.