Housing Prices in Otero County, CO

How much do homes in Otero County, CO cost?

Median List Price

$184,250

$126/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2022

+$26,250(+16.6%)

Key Takeaway

The list price of homes in Otero County has increased by 16.6% since last year.

Summary: The median home list price in Otero County was $184,250 in November 2023, up 16.6% from the previous year, and the median price per square foot was $126.

Median List Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $112.9K$130K
+15.1%
3 $190K$235K
+23.7%
4 $133.7K$194K
+45.0%
5+ $239.9K$115K
-52.1%

Summary: Otero County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 45%, and 5+ bedroom homes decreased by 52.1%.

Median List Price Compared To Nearby Counties

Otero County
+16.6%
Pueblo County
+4.8%
Las Animas County
0.1%
Crowley County
-70.6%

Housing Supply in Otero County, CO

How many homes are available in Otero County, CO?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
2118-14.3%

Summary: The Otero County real estate market had 18 homes for sale in November 2023, a 14.3% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 34
+33.3%
3 117
-36.4%
4 66
0.0%
5+ 11
0.0%

Summary: The Otero County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, 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

Nov 2022Nov 2023CHANGE
94 Days112 Days+19.5%

Summary: Homes in Otero County had an average listing age of 112 days in Nov 2023, up by 19.5% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Otero County, CO

Nearby Markets to Otero County, CO

What housing markets are near Otero County, CO?