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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $100K | $135K | +35.0% |
3 Bedrooms | $196.4K | $227K | +15.6% |
4 Bedrooms | $134.5K | $269.5K | +100.4% |
5+ Bedrooms | $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 | $155K | $199.5K | +28.7% |
Pueblo County | $340K | $354.4K | +4.2% |
Las Animas County | $350K | $299.9K | -14.3% |
Housing Supply in Otero County, CO
How many homes are available in Otero County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 22 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 1 | 1 | 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 2023 | Mar 2024 | CHANGE |
---|---|---|
232 Days | 122 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.