Otsego County, NY Housing

The housing market in Otsego, NY County is thriving as evidenced by the median value of $187,700. This exceeds the US median house value of $338,100, and has experienced an even higher rate of appreciation over the past year – 9.36%, compared to 8.27% across the United States. These figures highlight just how well Otsego is doing in terms of its housing market. The combination of a relatively low median value compared to the national average and a strong appreciation rate suggests that buying a home in Otsego may be a wise investment.

The median home cost in Otsego County is $187,700. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Otsego County is up 14.8%.

Average Age of Homes

- The median age of Otsego County real estate is 62 years old

The Rental Market in Otsego County

- Renters make up 20.2% of the Otsego County population
- 2.0% of houses and apartments in Otsego County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Otsego, New York	United States
	30,014.0	139,647,020.0
	66	42
	$187,700	$338,100
	14.8%	16.6%
	47.3%	57.0%
	57.9%	101.1%
	$18.68	$10.98
	$2,881	$2,690
	55.2%	57.4%
	25.2%	11.2%
	19.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.6%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	12.0%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.5%	2.4%
	4.3%	2.8%
	6.3%	3.9%
	8.9%	4.5%
	23.3%	11.3%
	19.0%	13.0%
	18.3%	20.1%
	7.3%	13.6%
	2.4%	8.3%
	2.2%	9.7%
	1.5%	3.9%
	0.7%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	9.0%	13.6%
	10.8%	13.2%
	8.8%	14.8%
	9.0%	13.6%
	7.4%	10.0%
	4.5%	4.7%
	41.9%	12.2%

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