The housing market in 50569 Otho, IA is quite impressive. The median value of a home is $108,700 which is much lower than the US median of $338,100. Additionally, the 1 year house appreciation rate is 9.93%, higher than the national average of 8.27%. This indicates that home prices in this area are steadily increasing - a great sign for potential buyers and sellers alike. All in all, 50569 Otho appears to be a desirable area to own property in with its competitive prices and growing appreciation rates.
The median home cost in Otho (zip 50569) is $108,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Otho (zip 50569) is up 14.4%.
Average Age of Homes
- The median age of Otho (zip 50569) real estate is 54 years old
The Rental Market in Otho (zip 50569)
- Renters make up 22.7% of the Otho (zip 50569) population
- 0.0% of houses and apartments in Otho (zip 50569), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.