Otho, IA Foreclosures
How much do homes sell for in Otho, IA?
The average home price is currently $152,630.
In Otho, IA, how many homes are available?
There are currently 18 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 $783,300.
What is currently the cheapest priced home in Otho, IA?
The cheapest home for sale in Otho is priced at $25,897.
Living in Otho, IA
Otho is a charming small town in Iowa known for its peaceful atmosphere and friendly community. It offers a mix of rural living while being close to larger cities like Fort Dodge. With a range of outdoor activities and local amenities, Otho is perfect for families and those looking for a laid-back lifestyle.
Current Market Conditions in Otho, IA
The Otho real estate market is currently competitive, with homes selling quickly due to the town's desirable location and community vibe. The average home price has seen a moderate increase, reflecting both demand and the limited inventory available.
Local trends indicate an uptick in interest from first-time homebuyers looking for affordable housing options. As a result, there is a healthy turnover of real estate transactions, making it an exciting time for both buyers and sellers.
Home Value Estimator For Otho, IA
There are currently 363 real estate properties
in Otho, IA,
with a median automated valuation model (AVM) price
of $115,217.00. 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 $152,630.00, with the most expensive house
in Otho, IA, topping out
at $783,300.00 and the cheapest home
in Otho, IA,
clocking in at $25,897.00. 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.