$10,000 Closing Credit*
$895,000
1,389 SqFt
3 Beds
•1 Full Bath
Dennis Regen, Jill Hurd, Listing Office: Taylor & Taylor Realty Co.
Housing Prices in Otis, OR
How much do homes in Otis, OR cost?
Median List Price
$625,000
$308/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$215,500(+52.6%)
Key Takeaway
The list price of homes in Otis has increased by 52.6% since last year.
Summary: The median home list price in Otis was $625,000 in October 2024, up 52.6% from the previous year, and the median price per square foot was $308.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $239.5K | -3.8% |
| 2 Bedrooms | $327K | $372K | +13.8% |
| 3 Bedrooms | $425K | $688.1K | +61.9% |
| 4 Bedrooms | $949.4K | $962.4K | +1.4% |
| 5+ Bedrooms | $999.5K | $699K | -30.1% |
Summary: Otis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 61.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 30.1%.
Median List Price Compared To Nearby Cities
| Otis | $409.5K | $625K | +52.6% |
| Neotsu | $545K | $704K | +29.2% |
| Lincoln City | $499.4K | $555K | +11.1% |
| Neskowin | $699K | $770K | +10.2% |
Housing Supply in Otis, OR
How many homes are available in Otis, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Otis real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Otis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Otis, OR
How long does it take to sell a home in Otis, OR?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 207 Days | 193 Days | -6.8% |
Summary: Homes in Otis had an average listing age of 193 days in Oct 2024, down by 6.8% compared to the previous year.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.