$5,343 Closing Credit*
$449,900
2,600 SqFt
4 Beds
•2 Full Baths
Shelly Nichols, Listing Office: Coldwell Banker Timberland Properties
Housing Prices in Otego, NY
How much do homes in Otego, NY cost?
Median List Price
$242,200
$140/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$47,200(+24.2%)
Key Takeaway
The list price of homes in Otego has increased by 24.2% since last year.
Summary: The median home list price in Otego was $242,200 in November 2024, up 24.2% from the previous year, and the median price per square foot was $140.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $199K | N/A |
| 2 Bedrooms | $195K | $219.9K | +12.8% |
| 3 Bedrooms | $189.9K | $249.7K | +31.5% |
| 4 Bedrooms | $232.4K | $250K | +7.6% |
| 5+ Bedrooms | $230K | $204.7K | -11.0% |
Summary: Otego housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 11%.
Housing Supply in Otego, NY
How many homes are available in Otego, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Otego real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Otego housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 147 Days | 102 Days | -30.5% |
Summary: Homes in Otego had an average listing age of 102 days in Nov 2024, down by 30.5% 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.