Otis, KS Foreclosures
How much do homes sell for in Otis, KS?
The average home price is currently $106,853.
In Otis, KS, how many homes are available?
There are currently 3 active home listings available in Otis.
What’s the average rental cost in Otis, KS?
The average rental price in Otis is $793.
What is the most expensive home in Otis?
The most expensive home sold in Otis had a price of $511,711.
What is currently the cheapest priced home in Otis, KS?
The cheapest home for sale in Otis is priced at $18,657.
Living in Otis, KS
Otis, Kansas, is a quaint small town known for its tight-knit community and peaceful rural lifestyle. The town features essential amenities, beautiful outdoor spaces, and an inviting atmosphere perfect for families and individuals alike. It offers a unique blend of tranquility and community spirit.
Current Market Conditions in Otis, KS
The real estate market in Otis, KS, has remained stable, with a slight increase in home values over the past year. The demand for homes in this rural area is driven by those seeking affordability and a slower pace of life. Limited inventory continues to maintain a balanced market, attracting new residents looking to settle in Kansas.
In recent months, the market has shown signs of vitality with a growing interest from homebuyers. The appeal of local schools and low crime rates add to the attractiveness of Otis, contributing to consistent sales in the area.
Home Value Estimator For Otis, KS
There are currently 218 real estate properties
in Otis, KS,
with a median automated valuation model (AVM) price
of $80,605.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otis, KS, 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 Otis, KS,
is $106,853.00, with the most expensive house
in Otis, KS, topping out
at $511,711.00 and the cheapest home
in Otis, KS,
clocking in at $18,657.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otis, KS!
Rent Prices
In Otis, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otis, KS, is on
a rollercoaster ride. The
average rent price in Otis, KS,
is $793.00. Indeed, when looking to rent in
Otis, KS, you can expect to pay as little
as $460.00 or as much
as $2,000.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Otis, KS
-- 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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