Otego, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Otego, NY is $249,900, down 4.8% year-over-year. Homes sell in an average of 68 days with 1 active listings. The market is currently a seller's market.
$249,900median sale price
Homes sold
3
Last 12 weeks
Days on market
68
Average pace
Active listings
1
0.3 months supply
Sale-to-list
97.6%
Below asking
Otego, NY market data
| Metric | Value |
|---|---|
| Median sale price | $249,900 |
| Year-over-year price change | -4.8% |
| Average days on market | 68 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 97.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Otego housing market is currently classified as a seller's market with a median sale price of $249,900. Prices have fallen 4.8% compared to last year, with homes spending an average of 68 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Otego
There are currently 1 homes listed for sale in Otego, New York.
Active listings
1
Homes on market
Avg. days on market
68
Days until sale
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Frequently asked questions
What is the average home price in Otego?
The median home sale price in Otego is $249,900, down 4.8% from last year.
How long do homes stay on market in Otego?
Homes typically spend 68 days on market before going under contract.
Is Otego a buyer's or seller's market?
With 0.3 months of supply, Otego is currently a seller's market.
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