Town of Otego Home Prices & Values

$119,000 Zillow Home Value Index What's This?  
Close

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

  • -1.5% 1-year change
  • No data 1-year forecast

The median home value in Town of Otego is $119,000. Town of Otego home values have declined -1.5% over the past year. The median price of homes currently listed in Town of Otego is $124,999.

Foreclosures will be a factor impacting home values in the next several years. In Town of Otego 217.4 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

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 Town of Otego is 3.9%, which is lower than the national value of 6.9%. 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 Town of Otego homeowners underwater on their mortgage is 14.2%.

more
Relative ZHVI
- +

Town of Otego Market Overview

Data through Aug 31, 2014
  • $119,000 ZHVI
  • No data 1-yr forecast
  • $124,999 Median listing price
  • No data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Otego Market Health

Data through Aug 31, 2014
  • 3.4/10 Less healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 14.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

217.4 homes(Jun 30, 2014) Town of Otego
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West End $120,700 Town of Oneonta $114,000 Town of Laurens $113,900
Butternuts $109,600 Guilford $85,700  

Listings & Sales

Data through Aug 31, 2014
  • $89 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 52.9% Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Otego Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,538 Town of Otego
$1,474 Oneonta Metro
$1,328 United States
  • 1.2 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

 
 
 
Sign in with Google