Otisco, IN Home Values & Market Trends
Real estate market trends reflect that there have been 38 transactions over the past year in Otisco. The median value for residential home transactions that occurred over the previous year is $203,397.5. The number of current listings in Otisco is 1, and the percentage of properties for sale in the city is 1.00%. Otisco, IN currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Otisco, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47163 | $ 350,309 $ 114/sqft |
Housing Market Summary for Otisco, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $210.8K | -35.15% |
| Median Sold Price | $228.5K | $210.8K | -7.78% |
| Homes For Sale | 1 | 2 | 100.00% |
| Homes Sold | 6 | 12 | 100.00% |
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 Otisco, IN
Browse Homes in Otisco, IN
Otisco home values range from $27,449 to $657,803. The median estimated value of a home in Otisco is $203,397.5. The median list price of a home is 325,000, and the total count of properties in the city is 416.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in Otisco, IN with 47163 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Otisco, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $216,004 in 47163 to the lowest home value of $216,004 in 47163.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Otisco, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Otisco, IN. There is 1 zips within Otisco, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Otisco, IN. Auction homes and other auction properties account for 0% of all properties in Otisco, IN. There is 1 zips within Otisco, IN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Otisco, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
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