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Featured local agent — Otterbein, IN
Sarah Mitchell
Compass Real Estate · Otterbein, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Otterbein, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$120,000median sale price
How is the Otterbein, IN housing market right now?
The median home sale price in Otterbein, IN is $120,000, down 33.3% year-over-year. Homes sell in an average of 6 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Otterbein a buyer's or seller's market?
Otterbein, IN is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
120.1%
Above asking
What does the Otterbein housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $120,000 |
| Median list price | $199,999 |
| Year-over-year price change | -33.3% |
| Average days on market | 6 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 120.1% |
| Median price per sq ft | $72/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Otterbein by property type?
How the Otterbein, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $120,000 | $72/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Otterbein housing market is currently classified as a strong seller's market with a median sale price of $120,000. Prices have fallen 33.3% compared to last year, with homes spending an average of 6 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Otterbein
There are currently 2 homes listed for sale in Otterbein, Indiana. The median listing price is $200K.
Active listings
2
Homes on market
Median list price
$200K
Avg. days on market
6
Days until sale
New this week
5
Newly listed
Who lives in Otterbein?
Population
1,414
Median income
$63,676/yr
Median age
35.8 years
Owner-occupied
72.3%
College grads
18.6%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Otterbein?
Zillow home value
$227,242
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Otterbein?
Otterbein is a community of approximately 1K residents with a median age of 35.8 years.The median household income is $63,676, which represents a working-class community with solid middle-income opportunities. 18.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Otterbein offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Otterbein?
1 schools tracked · 255 students
The largest public schools serving Otterbein, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Otterbein Elementary School
Grades K-6 · 255 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Otterbein, IN?
Want a head-to-head view? Compare Otterbein side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Otterbein?
The median home sale price in Otterbein is $120,000, down 33.3% from last year.
How long do homes stay on market in Otterbein?
Homes typically spend 6 days on market before going under contract.
What is the median income in Otterbein?
The median household income is $63,676 per year.
Is Otterbein a buyer's or seller's market?
With 2.0 months of supply, Otterbein is currently a strong seller's market.
What is the Zillow home value estimate for Otterbein?
The Zillow Home Value Index (ZHVI) for Otterbein is $227,242, representing the typical home value in the area.
How much does a single-family home cost in Otterbein?
The median single-family home price in Otterbein, IN is $120,000 (about $72 per square foot).
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