Otero County, CO Home Values & Market Trends
The median home price in Otero County, CO is $152,459.41. There were 301 home sales in Otero County, CO over the past 12 months. The median residential Otero County, CO home value for transactions over the previous year is $125,000. The number of current listings in Otero County, CO is 13, and the percentage of properties for sale is 13.00%. The county has 7 foreclosures, 4 bank owned properties, 3 headed for auction, and 13 properties for sale.
Otero County, CO Real Estate Market Overview
Housing Market Summary for Otero County, CO
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $198K | $171.4K | -13.41% |
Median Sold Price | $142.3K | $171.4K | 20.52% |
Homes For Sale | 17 | 13 | -23.53% |
Homes Sold | 179 | 182 | 1.68% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Otero County, CO
Browse Homes in Otero County, CO
Otero County, CO home values range from $20,190 to $9,740,324. Swink is the priciest city with a median listing home price of $229,900, and Rocky Ford is most affordable with average house prices of around $134,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Otero County, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Otero County, CO; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Otero County, CO ranges from the highest value of $294,000 in La Junta to the lowest value of $114,343 in La Junta. Bank owned homes and properties account for 0.05% of properties in Otero County, CO. There are 6 cities within Otero County, CO; La Junta containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLa Junta has 2 auction properties, the highest number of properties going to auction in a single city in the state of Otero County, CO. Auction homes and other auction properties account for 0.04% of all properties in Otero County, CO. There are 6 cities within Otero County, CO; of those cities, the median estimated home value for homes going to auction ranges from $459,829 in Swink to the lowest value of $99,656 in Swink.
Compare Nearby Cities
More Real Estate Resources for Otero County, CO
Guide for Otero County, CO
Recent trends in Aurora, CO’s real estate market reveal interesting fluctuations in property values compared to nearby cities like Denver, Englewood, and Parker.
Delving into property market trends from 2023 to 2024 in Colorado Springs and neighboring cities, this overview highlights fluctuations in property values, sold prices, and sales volumes. While revealing diverse trends, Sedalia stands out with its significantly high median values.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.