Zip 80743 (Otis, CO) Housing

The housing market in Otis, CO (Zip Code 80743) is performing significantly better than the national rate. The median value of homes in Otis is $215,600, compared to the US median house value of $338,100. The US has seen an appreciation rate of 8.27% over the last year, while Otis has seen a 15.81% increase in home values. This indicates that real estate in Otis is faring much better and offers a great opportunity for potential home buyers looking for solid investments.

The median home cost in Otis (zip 80743) is $215,600. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Otis (zip 80743) is up 19.9%.

Average Age of Homes

- The median age of Otis (zip 80743) real estate is 51 years old

The Rental Market in Otis (zip 80743)

- Renters make up 21.2% of the Otis (zip 80743) population
- 0.0% of houses and apartments in Otis (zip 80743), 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	Otis, Colorado	United States
	557.0	139,647,020.0
	66	42
	$215,600	$338,100
	19.9%	16.6%
	71.1%	57.0%
	118.5%	101.1%
	$4.00	$10.98
	$694	$2,690
	56.6%	57.4%
	14.4%	11.2%
	29.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	4.7%	0.7%
	0.0%	0.4%
	2.2%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	5.7%	2.4%
	4.4%	2.8%
	12.7%	3.9%
	7.9%	4.5%
	9.2%	11.3%
	16.2%	13.0%
	18.4%	20.1%
	7.6%	13.6%
	5.7%	8.3%
	9.5%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	10.4%	13.6%
	4.5%	13.2%
	16.0%	14.8%
	10.4%	13.6%
	7.4%	10.0%
	9.2%	4.7%
	37.3%	12.2%

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