Otway, OH Foreclosures
How much do homes sell for in Otway, OH?
The average home price is currently $163,049.
In Otway, OH, how many homes are available?
There are currently 1 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 $1,628,700.
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 is a small, tranquil village located in southern Ohio, known for its rural charm and friendly community atmosphere. The area offers a quieter lifestyle, perfect for those seeking peace away from the hustle and bustle of larger cities. With stunning countryside views and numerous outdoor activities, Otway provides a wholesome living experience.
Current Market Conditions in Otway, OH
The real estate market in Otway is currently characterized by a lack of extensive listings, as demand often outpaces supply in this rural community. This has led to a steady increase in home values as potential buyers are drawn to the area's charm, affordability, and community feel. The market remains competitive, especially for homes that come with larger lots and scenic views.
Investors seeking rental properties might find opportunities here, as there has been a slight uptick in interest from people looking for rural retreats, particularly since the pandemic, which has led to a shift in housing preferences.
Home Value Estimator For Otway, OH
There are currently 640 real estate properties
in Otway, OH,
with a median automated valuation model (AVM) price
of $127,707.00. 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 $163,049.00, with the most expensive house
in Otway, OH, topping out
at $1,628,700.00 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
