Ottosen, IA Foreclosures
How much do homes sell for in Ottosen, IA?
The average home price is currently $171,896.
In Ottosen, IA, how many homes are available?
There are currently 4 active home listings available in Ottosen.
What’s the average rental cost in Ottosen, IA?
The average rental price in Ottosen is $1,225.
What is the most expensive home in Ottosen?
The most expensive home sold in Ottosen had a price of $591,560.
What is currently the cheapest priced home in Ottosen, IA?
The cheapest home for sale in Ottosen is priced at $14,672.
Living in Ottosen, IA
Ottosen is a small, rural community in Iowa known for its tight-knit atmosphere and friendly residents. Situated in Humboldt County, it features beautiful landscapes, making it ideal for those who appreciate outdoor living. The town boasts essential amenities and is surrounded by agricultural land, providing a calm and scenic backdrop for families and individuals alike.
Current Market Conditions in Ottosen, IA
The real estate market in Ottosen is stable, with a mix of traditional single-family homes and land available for new construction. Recent trends show that homes are selling at competitive prices, with buyers attracted by the community's peaceful living and affordability compared to nearby cities. The market is characterized by a low turnover rate, indicating a strong sense of community and attachment among residents that encourages homeowners to stay long-term.
Recently, the market has seen an increase in interest from first-time homebuyers who are looking for affordable options. With more families seeking rural living, the demand for homes in Ottosen has risen somewhat, leading to a modest appreciation in home values. This trend indicates a potential growth area for real estate investments.
Home Value Estimator For Ottosen, IA
There are currently 105 real estate properties
in Ottosen, IA,
with a median automated valuation model (AVM) price
of $144,363.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ottosen, 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 Ottosen, IA,
is $171,896.00, with the most expensive house
in Ottosen, IA, topping out
at $591,560.00 and the cheapest home
in Ottosen, IA,
clocking in at $14,672.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ottosen, IA!
Rent Prices
In Ottosen, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ottosen, IA, is on
a rollercoaster ride. The
average rent price in Ottosen, IA,
is $1,225.00. Indeed, when looking to rent in
Ottosen, IA, you can expect to pay as little
as $700.00 or as much
as $1,730.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Ottosen, 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.
Learn more on Foreclosure homes
