The housing market in 51044 Oto, IA is thriving, with the median value of housing at $154,000. This is much lower than the US House Median Value of $338,100. However, it has seen a one-year appreciation rate of 10.62%, outpacing the national average of 8.27%. This marks a great investment opportunity for those looking to buy property in this area and with such low prices compared to the national average, future homeowners can expect to get more bang for their buck.
The median home cost in Oto (zip 51044) is $154,000. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Oto (zip 51044) is up 12.4%.
Average Age of Homes
- The median age of Oto (zip 51044) real estate is 52 years old
The Rental Market in Oto (zip 51044)
- Renters make up 19.1% of the Oto (zip 51044) population
- 0.0% of houses and apartments in Oto (zip 51044), 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.