Zip 47970 (Otterbein, IN) Housing

The housing market in 47970 Otterbein, IN is very strong. The median housing value is $162,500, which is significantly lower than the US median of $338,100. However, the rate of appreciation in 47970 Otterbein over the past year has been an impressive 10.75%, which is higher than the US average of 8.27%. This indicates a strong housing market in this area and suggests that buyers can expect to see continued increases in home values over the next year.

The median home cost in Otterbein (zip 47970) is $162,500. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Otterbein (zip 47970) is up 14.6%.

Average Age of Homes

- The median age of Otterbein (zip 47970) real estate is 56 years old

The Rental Market in Otterbein (zip 47970)

- Renters make up 28.4% of the Otterbein (zip 47970) population
- 0.0% of houses and apartments in Otterbein (zip 47970), 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	Otterbein, Indiana	United States
	826.0	139,647,020.0
	50	42
	$162,500	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$5.80	$10.98
	$762	$2,690
	68.2%	57.4%
	7.6%	11.2%
	24.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.8%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	1.2%	2.4%
	0.0%	2.8%
	17.1%	3.9%
	13.9%	4.5%
	23.8%	11.3%
	15.1%	13.0%
	20.1%	20.1%
	3.7%	13.6%
	0.0%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	16.6%	13.6%
	10.0%	13.2%
	12.0%	14.8%
	16.6%	13.6%
	10.5%	10.0%
	3.8%	4.7%
	22.9%	12.2%

Reviews for Otterbein

See all (0)

Write a Review

Start Your Review of Otterbein

Commute