Otis, KS Foreclosures
How much do homes sell for in Otis, KS?
The average home price is currently $109,105.
In Otis, KS, how many homes are available?
There are currently 6 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 $663,730.
What is currently the cheapest priced home in Otis, KS?
The cheapest home for sale in Otis is priced at $18,416.
Living in Otis, KS
Otis, Kansas, is a quaint town characterized by its friendly atmosphere and rural charm. Residents enjoy a slower pace of life surrounded by nature and strong community ties. With accessible educational facilities and diverse local activities, Otis offers a unique quality of life.
Current Market Conditions in Otis, KS
The current real estate market in Otis, KS, reflects a stable and steadily growing trend. The prices of homes in the area have been increasing mildly as demand remains consistent among potential buyers looking for affordable housing options outside larger urban areas. The appeal of rural living with access to essential amenities makes Otis an attractive option for families and retirees.
This year has shown a positive trend in home sales, with more families moving into the area seeking the small-town lifestyle. Local businesses are thriving, further supporting the economic growth of the town.
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 $78,516.00. 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 $109,105.00, with the most expensive house
in Otis, KS, topping out
at $663,730.00 and the cheapest home
in Otis, KS,
clocking in at $18,416.00. 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.
Learn more on Foreclosure homes
