$4,144 Closing Credit*
$349,000
2,550 SqFt
4 Beds
•2 Full Baths
Weslie VanVoorhis, Listing Office: Exit Realty Front & Center
Housing Prices in Otego, NY
How much do homes in Otego, NY cost?
Median List Price
$244,500
$142/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$44,600(+22.3%)
Key Takeaway
The list price of homes in Otego has increased by 22.3% since last year.
Summary: The median home list price in Otego was $244,500 in December 2024, up 22.3% from the previous year, and the median price per square foot was $142.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $199K | N/A |
| 2 Bedrooms | $195K | $219.9K | +12.8% |
| 3 Bedrooms | $192.2K | $249.7K | +29.9% |
| 4 Bedrooms | $232.4K | $264.5K | +13.8% |
| 5+ Bedrooms | $234.5K | $204.7K | -12.7% |
Summary: Otego housing prices by bedroom type for December 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 29.9%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 12.7%.
Housing Supply in Otego, NY
How many homes are available in Otego, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Otego real estate market had 13 homes for sale in December 2024, a 18.2% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Otego housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 158 Days | 121 Days | -23.5% |
Summary: Homes in Otego had an average listing age of 121 days in Dec 2024, down by 23.5% compared to the previous year.
