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Otis, CO Housing

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As of 2010-2014, median price of a house in Otis is $91,700, which is much lower than the state average of $239,400 and is much lower than the national average of $175,700. The Otis median house value has grown by 64.63% since 2000. The growth rate for the price of a house in Otis is higher than the state average rate of 43.70% and is higher than the national average rate of 46.91%. The median year that a house in Otis was built is 1961, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 123 Owner Occupied Houses in Otis, CO, #337

Otis, CO	91,700 USD
Colorado	239,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #73

Otis, CO	64.63%
Colorado	43.70%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Otis, CO	Colorado	U.S.
Total Housing Units	258, see rank, 100%	2,238,624	132,741,033
Occupied Housing Units	205, 79.46%, see rank	89.27%	87.55%
Owner Occupied	123, 47.67%, see rank	57.85%	56.34%
Renter Occupied	82, 31.78%, see rank	31.42%	31.21%
Vacant Housing Units	53, 20.54%, see rank	10.73%	12.45%
For Rent	10, 3.88%, see rank	1.87%	2.34%
For Sale Only	12, 4.65%, see rank	1.07%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.76%	0.92%
For Seasonal, Recreational, or Occasional Use	17, 6.59%, see rank	4.90%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	14, 5.43%, see rank	2.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #329

Otis, CO	Colorado	U.S.
1961	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Otis, CO	%	Colorado	U.S.
Owner-Occupied Units	123	100%	1,295,048	74,787,460
With a Mortgage	51	41.46%, see rank	73.99%	65.58%
Without a Mortgage	72	58.54%, see rank	26.01%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Otis, CO	832 USD
Colorado	1,608 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Otis, CO	%	Colorado	U.S.
$299 or Less	0	0.00%, see rank	0.20%	0.20%
$300 to $499	5	9.80%, see rank	1.13%	1.59%
$500 to $699	12	23.53%, see rank	3.11%	5.01%
$700 to $999	30	58.82%, see rank	10.30%	14.32%
$1,000 to $1,499	0	0.00%, see rank	28.86%	27.90%
$1,500 to $1,999	4	7.84%, see rank	26.50%	20.35%
$2,000 to $2,999	0	0.00%, see rank	21.95%	19.52%
$3,000 or More	0	0.00%, see rank	7.96%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Otis, CO	22.00% of the Total Income
Colorado	23.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Otis, CO	%	Colorado	U.S.
10% or Less	2	3.92%, see rank	5.82%	5.86%
10% to 20%	16	31.37%, see rank	32.53%	31.95%
20% to 30%	26	50.98%, see rank	28.64%	27.64%
30% to 40%	2	3.92%, see rank	13.84%	13.74%
40% or More	5	9.80%, see rank	18.67%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Otis, CO	350 USD
Colorado	417 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Otis, CO	%	Colorado	U.S.
$199 or Less	8	11.11%, see rank	6.63%	7.76%
$200 to $299	10	13.89%, see rank	16.15%	14.70%
$300 to $499	50	69.44%, see rank	43.66%	34.63%
$500 to $699	3	4.17%, see rank	20.60%	21.16%
$700 or More	1	1.39%, see rank	12.96%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Otis, CO	15.80% of the Total Income
Colorado	10.10% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Otis, CO	%	Colorado	U.S.
10% or Less	17	23.61%, see rank	49.09%	40.19%
10% to 20%	36	50.00%, see rank	28.31%	31.47%
20% to 30%	9	12.50%, see rank	9.89%	12.24%
30% to 40%	2	2.78%, see rank	4.49%	5.64%
40% or More	8	11.11%, see rank	7.15%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Otis, CO	Colorado	U.S.
Total Housing Units	258, 100%	2,238,624	132,741,033
1-unit, Detached	201, 77.91%, see rank	62.90%	61.65%
1-unit, Attached	1, 0.39%, see rank	6.96%	5.82%
2 Units	0, 0.00%, see rank	1.78%	3.75%
3 or 4 Units	2, 0.78%, see rank	3.29%	4.43%
5 to 9 Units	17, 6.59%, see rank	4.72%	4.78%
10 or More Units	4, 1.55%, see rank	16.10%	13.08%
Mobile Home, Boat, RV, Van, etc.	33, 12.79%, see rank	4.25%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Otis, CO	Colorado	U.S.
Total Housing Units	258, 100%	2,238,624	132,741,033
1 Room	0, 0.00%, see rank	1.78%	1.95%
2 Rooms	0, 0.00%, see rank	3.54%	2.48%
3 Rooms	23, 8.91%, see rank	10.16%	9.13%
4 Rooms	43, 16.67%, see rank	15.41%	16.60%
5 Rooms	78, 30.23%, see rank	16.50%	20.41%
6 Rooms	45, 17.44%, see rank	14.64%	18.06%
7 Rooms	29, 11.24%, see rank	11.92%	12.27%
8 Rooms	19, 7.36%, see rank	9.79%	8.48%
9 Rooms or More	21, 8.14%, see rank	16.25%	10.60%
Median Rooms	5.30, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Otis, CO	Colorado	U.S.
Total Housing Units	258, 100%	2,238,624	132,741,033
No Bedroom	0, 0.00%, see rank	1.99%	2.17%
1 Bedroom	23, 8.91%, see rank	11.63%	11.16%
2 Bedrooms	115, 44.57%, see rank	25.86%	26.69%
3 Bedrooms	83, 32.17%, see rank	33.89%	39.70%
4 Bedrooms	32, 12.40%, see rank	19.12%	16.05%
5 or More Bedrooms	5, 1.94%, see rank	7.51%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Otis, CO	Colorado	U.S.
Total Housing Units	205, 100%	1,998,314	116,211,092
Utility Gas	143, 69.76%, see rank	71.94%	48.85%
Bottled, Tank, or LP Gas	11, 5.37%, see rank	4.86%	4.86%
Electricity	44, 21.46%, see rank	19.94%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.11%	5.86%
Coal or Coke	0, 0.00%, see rank	0.07%	0.12%
Wood	7, 3.41%, see rank	2.08%	2.12%
Solar Energy	0, 0.00%, see rank	0.15%	0.05%
Other Fuel	0, 0.00%, see rank	0.54%	0.47%
No Fuel Used	0, 0.00%, see rank	0.31%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Otis, CO	Colorado	U.S.
Occupied Units Paying Rent	70, 100%	677,385	39,201,928
$199 or Less	9, 12.86%, see rank	1.26%	1.50%
$200 to $299	8, 11.43%, see rank	2.44%	3.18%
$300 to $499	12, 17.14%, see rank	4.51%	7.37%
$500 to $699	25, 35.71%, see rank	14.12%	16.01%
$700 to $999	8, 11.43%, see rank	30.75%	29.17%
$1,000 to $1,499	6, 8.57%, see rank	31.25%	26.88%
$1,500 to $1,999	2, 2.86%, see rank	11.27%	9.79%
$2,000 or More	0, 0.00%, see rank	4.39%	6.10%
Median	$609, see rank	$969	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Otis, CO	Colorado	U.S.
Occupied Housing Units	205, 100%	1,998,314	116,211,092
No Vehicles Available	10, 4.88%, see rank	5.74%	9.12%
1 Vehicles Available	91, 44.39%, see rank	31.48%	33.80%
2 Vehicles Available	81, 39.51%, see rank	40.00%	37.48%
3 or More Vehicles Available	23, 11.22%, see rank	22.78%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.