Zip 13825 (Otego, NY) Housing

The housing in 13825 Otego, New York is quite affordable, with the median value coming in at $198,600. This is significantly lower than the US median value of $338,100 and provides a great opportunity for potential homeowners. Additionally, the 1 year house appreciation rate in Otego is 8.92%, slightly higher than the US average of 8.27%. The increased appreciation rate indicates that purchasing a home in Otego could be a particularly attractive investment opportunity for those looking to enter the real estate market.

The median home cost in Otego (zip 13825) is $198,600. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Otego (zip 13825) is up 14.8%.

Average Age of Homes

- The median age of Otego (zip 13825) real estate is 41 years old

The Rental Market in Otego (zip 13825)

- Renters make up 18.9% of the Otego (zip 13825) population
- 3.8% of houses and apartments in Otego (zip 13825), 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	Otego, New York	United States
	1,444.0	139,647,020.0
	52	42
	$198,600	$338,100
	14.8%	16.6%
	43.8%	57.0%
	50.8%	101.1%
	$17.21	$10.98
	$2,803	$2,690
	57.6%	57.4%
	18.7%	11.2%
	23.7%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.1%	3.6%
	9.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.2%	2.4%
	3.7%	2.8%
	4.4%	3.9%
	9.6%	4.5%
	22.7%	11.3%
	20.7%	13.0%
	19.2%	20.1%
	13.0%	13.6%
	2.0%	8.3%
	0.4%	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%
	13.5%	13.6%
	13.5%	13.6%
	10.2%	13.6%
	7.7%	13.2%
	12.3%	14.8%
	10.2%	13.6%
	10.5%	10.0%
	1.5%	4.7%
	27.3%	12.2%

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