Otoe, NE Foreclosures
How much do homes sell for in Otoe, NE?
The average home price is currently $192,825.
In Otoe, NE, how many homes are available?
There are currently 11 active home listings available in Otoe.
What’s the average rental cost in Otoe, NE?
The average rental price in Otoe is $1,024.
What is the most expensive home in Otoe?
The most expensive home sold in Otoe had a price of $689,654.
What is currently the cheapest priced home in Otoe, NE?
The cheapest home for sale in Otoe is priced at $32,843.
Living in Otoe, NE
Otoe, Nebraska, is a quaint village that offers a peaceful lifestyle with a strong sense of community. Known for its agricultural roots and small-town charm, it features various recreational activities and essential amenities. The village is perfect for those looking to escape the hustle and bustle of city life while still being within reach of urban centers.
Current Market Conditions in Otoe, NE
The real estate market in Otoe remains stable, with a balanced ratio of buyers and sellers. The prices have shown modest growth, reflecting the area's desirable living environment and community feel. Many families and retirees are attracted to the area due to its affordability and quality of life.
Currently, Otoe is seeing an increase in interest from buyers looking for single-family homes, which may lead to a competitive market as inventory levels remain low for homes in prime condition.
Home Value Estimator For Otoe, NE
There are currently 129 real estate properties
in Otoe, NE,
with a median automated valuation model (AVM) price
of $113,386.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otoe, NE, 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 Otoe, NE,
is $192,825.00, with the most expensive house
in Otoe, NE, topping out
at $689,654.00 and the cheapest home
in Otoe, NE,
clocking in at $32,843.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otoe, NE!
Rent Prices
In Otoe, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otoe, NE, is on
a rollercoaster ride. The
average rent price in Otoe, NE,
is $1,024.00. Indeed, when looking to rent in
Otoe, NE, you can expect to pay as little
as $560.00 or as much
as $2,040.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Otoe, NE
-- 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
