Housing Prices in Otego, NY
How much do homes in Otego, NY cost?
Median List Price
$230,000
$153/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Otego has increased by 16.6% since last year.
Summary: The median home list price in Otego was $230,000 in May 2024, up 16.6% from the previous year, and the median price per square foot was $153.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237.4K | $209.9K | -11.6% |
| 3 Bedrooms | $189.5K | $249.5K | +31.7% |
| 4 Bedrooms | $324.9K | $265K | -18.4% |
| 5+ Bedrooms | $139.4K | $230K | +64.9% |
Summary: Otego housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 31.7%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 64.9%.
Housing Supply in Otego, NY
How many homes are available in Otego, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Otego real estate market had 11 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Otego housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Otego, NY
How long does it take to sell a home in Otego, NY?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 131 Days | 69 Days | -46.9% |
Summary: Homes in Otego had an average listing age of 69 days in May 2024, down by 46.9% compared to the previous year.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.