Otway, OH Foreclosures
How much do homes sell for in Otway, OH?
The average home price is currently $162,254.
In Otway, OH, how many homes are available?
There are currently 2 active home listings available in Otway.
What’s the average rental cost in Otway, OH?
The average rental price in Otway is $908.
What is the most expensive home in Otway?
The most expensive home sold in Otway had a price of $1,660,800.
What is currently the cheapest priced home in Otway, OH?
The cheapest home for sale in Otway is priced at $9,815.
Living in Otway, OH
Otway, OH is a quaint village offering a serene lifestyle with strong community ties. Surrounded by nature, it provides outdoor recreational opportunities and essential amenities for residents. The village's proximity to larger towns makes it ideal for those seeking a peaceful retreat without sacrificing accessibility.
Current Market Conditions in Otway, OH
The current real estate market in Otway shows stability, with a steady interest in homes due to the area's low cost of living and appealing rural lifestyle. Buyers are increasingly drawn to the village for its affordability combined with a sense of community, which has kept home values stable despite fluctuations in surrounding areas.
In recent transactions, homes have been selling at competitive prices, especially for first-time buyers looking for affordable housing options. With a limited inventory of homes, sellers are seeing positive engagement, leading to quicker sale times. Real estate trends indicate that while Otway may not witness rapid price growth, it offers a secure investment opportunity for those looking to settle in a quieter environment.
Home Value Estimator For Otway, OH
There are currently 784 real estate properties
in Otway, OH,
with a median automated valuation model (AVM) price
of $126,290.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Otway, OH, 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 Otway, OH,
is $162,254.00, with the most expensive house
in Otway, OH, topping out
at $1,660,800.00 and the cheapest home
in Otway, OH,
clocking in at $9,815.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Otway, OH!
Rent Prices
In Otway, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Otway, OH, is on
a rollercoaster ride. The
average rent price in Otway, OH,
is $908.00. Indeed, when looking to rent in
Otway, OH, you can expect to pay as little
as $500.00 or as much
as $1,740.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Otway, OH
-- 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
