Housing in 45657 Otway, OH is significantly below the median value of the US as a whole, at $121,900 compared to $338,100. However, the 1 year house appreciation in this area is 11.89%, higher than the national average of 8.27%. This suggests that houses in Otway are becoming increasingly valuable and may offer attractive investment opportunities for those looking to buy into the local property market.
The median home cost in Otway (zip 45657) is $121,900. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Otway (zip 45657) is up 13.7%.
Average Age of Homes
- The median age of Otway (zip 45657) real estate is 30 years old
The Rental Market in Otway (zip 45657)
- Renters make up 19.2% of the Otway (zip 45657) population
- 2.0% of houses and apartments in Otway (zip 45657), 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.