There are currently 98 real estate properties in Oto, IA, with a median automated valuation model (AVM) price of $111,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oto, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Oto, IA, is $137,754.00, with the most expensive house in Oto, IA, topping out at $1,319,700.00 and the cheapest home in Oto, IA, clocking in at $43,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Oto, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oto, IA, is on a rollercoaster ride. The average rent price in Oto, IA, is $1,155.00. Indeed, when looking to rent in Oto, IA, you can expect to pay as little as $840.00 or as much as $2,120.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Oto, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Oto, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Oto, IA and much more. Save thousands at closing with home foreclosure listings in Oto, IA — up to 75% off market value!
Oto is located in Woodbury, Iowa, with an estimated municipal population of 103 residents. All of the best foreclosed homes for sale in Oto are located in the following zip code areas on Foreclosure.com: 51044. The estimated population per square kilometer (.62 miles) in Oto is 150.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oto, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Oto is 40.8, split between 43.4 percent male versus 56.6 female. The percentage of residents who report being married in Oto is 51, with an average family size of 3.19.
The percentage of residents who report their race in Oto is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Oto? Or maybe you are searching for 55+ active adult communities in and/or near Oto?
The percentage of residents who report their age in Oto is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oto with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oto.
How do you know that living in -- or moving to -- Oto is right where you need to be? Perhaps you grew up in Oto or already live nearby; therefore, the decision to buy a home in Oto is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oto for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oto:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oto.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oto can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oto, meanwhile, can field multiple offers from more qualified buyers.
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