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Featured local agent — Otter Creek, FL
Sarah Mitchell
Compass Real Estate · Otter Creek, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Otter Creek, FL Housing Market
The last median sale price Redfin published was $68,000 (through May 2026). With homes going under contract in about 49 days, Otter Creek is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $68,000 home is about $350/mo in principal and interest.
Key numbers for Otter Creek, FL
Median sale price
$68,000
Last published period
Redfin, through July 2022
Days on market
49
Average pace
Redfin, through July 2022
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$62,833
Home costs 1.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
86.1%
Selling below asking
Redfin, through July 2022
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Otter Creek a buyer's or seller's market?
Otter Creek, FL is a leaning buyer's and homes selling in about 49 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Otter Creek housing market data show?
Every row below is Redfin's final published month for Otter Creek, FL. Redfin, through July 2022
| Metric | Value |
|---|---|
| Median sale price | $68,000 |
| Median price per sq ft | $67/sq ft |
| Median days on market | 49 days |
| Sale-to-list price ratio | 86.1% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Otter Creek is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Otter Creek is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Otter Creek home prices moved?
We hold fewer than three months of sale history for Otter Creek, FL, which is not enough to draw a trend line without misleading you. The Zillow value figures above are the current read for this city.
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What does it cost to buy a home in Otter Creek?
Priced off the median sale price of $68,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $13,600 | $54,400 | $350/mo |
| 5% | $3,400 | $64,600 | $415/mo |
Redfin, through July 2022 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $350, that implies roughly $14,982 a year before you add taxes and insurance. The median household in Otter Creek earns $62,833, about $47,851 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Otter Creek in the next 12 months?
Tell us your timeline. We send the Otter Creek market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Otter Creek?
Zillow does not publish a rent index (ZORI) for Otter Creek, FL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Otter Creek?
We hold fewer than two months of inventory readings for Otter Creek, FL, so there is no trend to report yet.
How does Otter Creek compare to Florida and the U.S.?
Otter Creek homes sell for $68,000 — 84% below the Florida median of $421,500. Against the national median of $410,700, Otter Creek runs 83% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Otter Creek, FL | $68,000 | not published | 49 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through July 2022 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Otter Creek
What buyers should watch
- The gap between 5% and 20% down here is $66 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $68,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Otter Creek listing goes under contract in 49 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 86.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Otter Creek varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Otter Creek
Explore homes currently listed for sale in Otter Creek, Florida across major real estate platforms.
How much do homes cost in Otter Creek by property type?
How the Otter Creek, FL market breaks down across single-family homes, condos and townhouses. Redfin, through July 2022
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $68,000 | $67/sq ft | 1 | 49 days |
Who lives in Otter Creek?
American Community Survey estimates for Otter Creek. U.S. Census ACS, 2023
Population
155
Households
78
Median income
$62,833/yr
Median age
24.9 years
Owner-occupied
42.3%
Median home value
$23,900
42.3% of occupied homes in Otter Creek are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Otter Creek, FL?
Ordered by distance from Otter Creek, not by size. Compare Otter Creek side by side with any of them.
Otter Creek housing market FAQ
Is Otter Creek a buyer's or seller's market?
Otter Creek, FL is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Otter Creek?
The median sale price in the last month Redfin published was $68,000, about $67 per square foot.
Is Otter Creek cheaper than the rest of Florida?
Otter Creek's median sale price of $68,000 is 84% lower than the Florida statewide median of $421,500, and 83% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Otter Creek?
Homes in Otter Creek, FL spent a median of 49 days on market before going under contract, versus 66 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Otter Creek?
At the current 30-year fixed rate of 6.66%, 20% down on a $68,000 home is about $350 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $14,982 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $62,833.
Are home prices rising in Otter Creek?
We do not hold a complete 12-month value series for Otter Creek, FL yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Otter Creek?
Otter Creek ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Otter Creek?
That depends on your timeline, not on a headline. What the data says today: Otter Creek, FL is a leaning buyer's, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $68,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.