Otisco, IN Foreclosures
How much do homes sell for in Otisco, IN?
The average home price is currently $283,463.
In Otisco, IN, how many homes are available?
There are currently 4 active home listings available in Otisco.
What’s the average rental cost in Otisco, IN?
The average rental price in Otisco is $1,163.
What is the most expensive home in Otisco?
The most expensive home sold in Otisco had a price of $1,024,024.
What is currently the cheapest priced home in Otisco, IN?
The cheapest home for sale in Otisco is priced at $22,041.
Living in Otisco, IN
Otisco, Indiana is a quaint rural community known for its friendly atmosphere and outdoor activities. This charming town offers a peaceful lifestyle with beautiful natural surroundings and easy access to larger cities. It's ideal for families looking for a safe and welcoming environment.
Current Market Conditions in Otisco, IN
The real estate market in Otisco is currently stable, with home prices showing modest appreciation over the past year. The community's appeal, coupled with its affordability, makes it a sought-after location for first-time homebuyers and retirees alike.
The demand for properties in Otisco has been gradually rising, particularly among those seeking a quiet, rural lifestyle with quick access to urban amenities. As more people discover the area, it is anticipated that home values will continue to increase.
Home Value Estimator For Otisco, IN
There are currently 521 real estate properties
in Otisco, IN,
with a median automated valuation model (AVM) price
of $268,480.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otisco, IN, 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 Otisco, IN,
is $283,463.00, with the most expensive house
in Otisco, IN, topping out
at $1,024,024.00 and the cheapest home
in Otisco, IN,
clocking in at $22,041.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otisco, IN!
Rent Prices
In Otisco, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otisco, IN, is on
a rollercoaster ride. The
average rent price in Otisco, IN,
is $1,163.00. Indeed, when looking to rent in
Otisco, IN, you can expect to pay as little
as $630.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Otisco, IN
-- 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
