East Otto Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In East Otto 178.6 homes are foreclosed (per 10,000). This is greater than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in East Otto is 30.0%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of East Otto homeowners underwater on their mortgage is 12.3%.

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Relative ZHVI
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East Otto Market Overview

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East Otto Market Health

Data through Jul 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 30.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Town of Ellicottville $211,600
Great Valley $111,800
Ashford $88,900
Name Median ZHVI
Gowanda $69,000
Town of Little Valley $67,400
Town of Salamanca $54,600

Listings & Sales

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East Otto Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,396 Olean Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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