Otho, IA Foreclosures
Current Market Conditions in in Otho, IA As of February 2026?
Over the past month, Otho has witnessed a slight increase in home prices due to increased demand from buyers seeking the charm of small-town living. While the market continues to be competitive, it remains accessible for moderate-income families and individuals. Notably, the number of homes sold has kept pace with prices, reflecting a healthy market dynamic as locals and newcomers express interest in making Otho their home.
How much do homes sell for in Otho, IA?
The average home price is currently $151,847.
In Otho, IA, how many homes are available?
There are currently 17 active home listings available in Otho.
What’s the average rental cost in Otho, IA?
The average rental price in Otho is $1,044.
What is the most expensive home in Otho?
The most expensive home sold in Otho had a price of $774,100.
What is currently the cheapest priced home in Otho, IA?
The cheapest home for sale in Otho is priced at $22,101.
Living in Otho, IA
Otho is a quaint community located in Webster County, Iowa, known for its friendly atmosphere and local charm. The small town offers a serene lifestyle with access to beautiful natural surroundings and a close-knit community feel. Although Otho has a rural character, residents have access to local amenities and are just a short drive from the amenities of larger nearby towns.
Buyer vs Seller Market in Otho, IA
The real estate market in Otho is generally stable, with a mix of traditional homes and newer construction options. The community offers affordable housing prices compared to bigger cities, and this trend is attractive to first-time homebuyers and retirees alike. As of now, demand for housing has been steady, contributing to a reasonable balance between buyers and sellers in the area.
In recent months, home sales have shown a slight increase, indicating a mild uptick in buyer interest and resulting in a competitive atmosphere for some desirable properties. The relatively low inventory is encouraging market growth and spurring potential homeowners to act quickly when they find suitable properties.
Home Value Estimator For Otho, IA
There are currently 389 real estate properties
in Otho, IA,
with a median automated valuation model (AVM) price
of $116,508.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otho, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Otho, IA,
is $151,847.00, with the most expensive house
in Otho, IA, topping out
at $774,100.00 and the cheapest home
in Otho, IA,
clocking in at $22,101.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otho, IA!
Rent Prices
In Otho, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otho, IA, is on
a rollercoaster ride. The
average rent price in Otho, IA,
is $1,044.00. Indeed, when looking to rent in
Otho, IA, you can expect to pay as little
as $700.00 or as much
as $1,700.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Otho, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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