Housing Prices in Otero County, CO

How much do homes in Otero County, CO cost?

Median List Price

$199,500

$119/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$44,500(+28.7%)

Key Takeaway

The list price of homes in Otero County has increased by 28.7% since last year.

Summary: The median home list price in Otero County was $199,500 in March 2024, up 28.7% from the previous year, and the median price per square foot was $119.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $100K$135K
+35.0%
3 $196.4K$227K
+15.6%
4 $134.5K$269.5K
+100.4%
5+ $287.4K$115K
-60.0%

Summary: Otero County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 100.4%, and 5+ bedroom homes decreased by 60%.

Median List Price Compared To Nearby Counties

Otero County
+28.7%
Pueblo County
+4.2%
Las Animas County
-14.3%

Housing Supply in Otero County, CO

How many homes are available in Otero County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2022+10.0%

Summary: The Otero County real estate market had 22 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 89
+12.5%
4 109
-10.0%
5+ 11
0.0%

Summary: The Otero County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Days on Market for Otero County, CO

How long does it take to sell a home in Otero County, CO?

Average Listing Age

Mar 2023Mar 2024CHANGE
232 Days122 Days-47.2%

Summary: Homes in Otero County had an average listing age of 122 days in Mar 2024, down by 47.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Otero County, CO

Nearby Markets to Otero County, CO

What housing markets are near Otero County, CO?